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The lira traded at 6.0723 per dollar, well off its record low of 7.24 reached a month ago. In Latin America, Brazil's real BRL= and Argentina's peso ARS=RASL sank under further pressure even as other currencies in the region gained. In Brazil, there is concern that far-right presidential candidate Jair Bolsonaro may be unable to campaign even in a likely second-round vote after he was stabbed in a campaign event last week. Argentina withered as dollar demand increased due to high liquidity after the auction of treasury notes.

(Reuters) - United Parcel Service Inc (UPS.N) is doubling down on shipments between businesses as part of a $20 billion overhaul aimed at automating its facilities and offsetting the profit squeeze from lower-profit home deliveries from large retailers like Amazon.com (AMZN.O), The world’s biggest package delivery firm’s embrace of expensive “last-mile” home shipments swarovski crystal light gray pearl cufflinks of everything from clothes to car tires has squeezed margins as it competes with rival shipper FedEx Corp (FDX.N), which accepts less of that business..

UPS shares fell 2.9 percent to $119.69 on Thursday, after executives boosted long-term earnings targets while maintaining cost-reduction goals and stopping short of saying they would take fewer home deliveries. UPS is still more profitable than FedEx, Morningstar analyst Keith Schoonmaker said, but added “FedEx may be better at saying ‘no’ to low-profit volume.”. Atlanta-based UPS, now in the early stages of its largest capital spending campaign since the 1980s, aims to rebalance its mix of customers and package volume to include more small business, healthcare and international shipments, Chief Executive Officer David Abney said at an investor conference in New York.

UPS has raised prices for certain residential deliveries to insulate profits, and plans to woo more swarovski crystal light gray pearl cufflinks “high value” home shipments of items like insulin, executives said, “We are going to be more selective,” Abney told Reuters, UPS earmarked most of the spending from its three-year capital investment project to automate package processing, That should help it better manage surging e-commerce package volumes and bring the company in line with FedEx, which is wrapping up a roughly $10 billion investment in its mostly automated network..

UPS on Thursday said its restructuring plan will add $1.00 to $1.20 to its adjusted earnings per share by 2022. That includes up to $1 billion in savings from more efficient sorting facilities and purchasing along with a voluntary retirement program. Some investors, however, want the project to slash more costs. Margins in UPS’ domestic unit that contributes more than half of company profits fell to 12.1 percent in 2017 from 13.8 percent in 2012 as residential deliveries displaced more profitable business deliveries, which now account for about half of total volume.

UPS, swarovski crystal light gray pearl cufflinks which is already the largest shipper of business-to-business (B2B) e-commerce packages, is adding and enhancing services for that market, which is valued at nearly $1 trillion in the United States, That is roughly twice the size of the faster-growing, business-to-consumer (B2C) segment dominated by UPS client and budding rival shipper Amazon, which uses its muscle to negotiate lower shipping rates than smaller businesses, UPS on Thursday said it will support business customers with new products, including an app that helps users like hospitals track deliveries and route them to the right location within their sprawling facilities - reducing lost packages, costs and headaches..

SASKATOON, Saskatchewan (Reuters) - Canadian Prime Minister Justin Trudeau said on Thursday he wanted a good NAFTA deal as soon as possible, but did not answer directly when asked if he agreed with Washington that the end of September was the final deadline for talks. Canada and the United States are struggling to settle differences over access to the Canadian dairy market and how to resolve trade disputes. The United States has already struck a side deal with Mexico, the third member of the North American Free Trade Agreement. U.S. President Donald Trump says he will ditch Canada unless it quickly makes concessions.

U.S, trade laws dictate that there is an Oct, 1 deadline to produce the text of a pact that all three nations can sign before the current Mexican government leaves office on Nov, 30, “We have seen various deadlines put forward as markers to work for,” Trudeau told reporters when asked whether he felt that the end of September was the final deadline, “We’ll do the work and try and get there as quick as we can, swarovski crystal light gray pearl cufflinks but we’re going to make sure that we’re doing what is necessary to get the right deal for Canadians,” Trudeau said at the end of a meeting of legislators from his ruling Liberal Party in the western city of Saskatoon..

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