Ford adds production in North America to meet new car demand

The Ford logo is seen on a vehicle at Ford car plant in CraiovaBy Deepa Seetharaman DETROIT (Reuters) – Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share. The second-largest U.S. automaker said on Wednesday that those factories will be idled for just one week this summer instead of the traditional two-week “summer shutdown” period. This is the second year in a row that the automaker has taken this step. The added capacity comes at a time when Ford sales are outpacing the overall U.S. auto market. Strength in the U.S. …

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Cheruiyot expecting first child, aims to return in 2014

Kenyan athlete Cheruiyot talks to the media at the 2012 Laureus World Sports Awards in central London(Reuters) – Vivian Cheruiyot is not defending her world 5,000 and 10,000 meters gold medals in Moscow in August because she is expecting her first child, the Kenyan said in a statement. The 29-year-old, who won both races at the 2011 world athletics championships in Daegu, South Korea, took silver and bronze in the 5,000 and 10,000 at last year's London Olympics. In a statement released by her agent Ricky Simms on Wednesday, Cheruiyot said she would resume her career next year. She had first revealed her decision not to compete in Moscow on Tuesday but gave no reason for her absence. …

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Athletics-Cheruiyot expecting first child, aims to return in 2014

May 22 (Reuters) – Vivian Cheruiyot is not defending her world 5,000 and 10,000 metres gold medals in Moscow in August because she is expecting her first child, the Kenyan said in a statement. The 29-year-old, who won both races at the 2011 world athletics championships in Daegu, South Korea, took silver and bronze in the 5,000 and 10,000 at last year’s London Olympics. In a statement released by her agent Ricky Simms on Wednesday, Cheruiyot said she would resume her career next year. She had first revealed her decision not to compete in Moscow on Tuesday but gave no reason for her absence. …

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BOJ keeps policy on hold; Kiuchi proposes looser price target timeframe

The Bank of Japan building is pictured in TokyoTOKYO (Reuters) – The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation target within two years. In a unanimous vote, the BOJ maintained its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 60 trillion to 70 trillion yen ($585-$682 billion). …

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