Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

A logo of Sime Darby is seen at its car showroom in Petaling Jaya, Malaysia November 30, 2023. REUTERS/Hasnoor Hussain/File Photo Acquire Licensing Rights KUALA LUMPUR/SINGAPORE, Nov 30 (Reuters) – Sime Darby (SIME.KL), Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to … Read more

Second-hand shopping a $1-billion-plus business for Amazon in Europe

Second-hand shopping a $1-billion-plus business for Amazon in Europe

[1/5]Customers visit the Second Chance Store, a new shop selling returned and refurbished products from Amazon’s Second Chance programmes in-person in central London, Britain November 28, 2023. John Nguyen/Handout via REUTERS. Acquire Licensing Rights LONDON, Nov 29 (Reuters) – Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion … Read more

Stocks hold firm as dollar dithers ahead of US data

Stocks hold firm as dollar dithers ahead of US data

LONDON, Nov 28 (Reuters) – Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise rates again, which kept the dollar at three-month lows and supported gold above $2,000 an ounce. Traders will have to weigh up data this week on how the U.S. economy fared in … Read more

Britain’s Sunak cancels meeting with Greek PM in row over Parthenon sculptures

Britain’s Sunak cancels meeting with Greek PM in row over Parthenon sculptures

ATHENS/LONDON, Nov 27 (Reuters) – Greek Prime Minister Kyriakos Mitsotakis accused his British counterpart Rishi Sunak of cancelling a scheduled meeting in London on Tuesday in a diplomatic row over the status of the Parthenon Sculptures. Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed … Read more

‘Vote of confidence’: UK hails $37 billion of foreign investment

‘Vote of confidence’: UK hails $37 billion of foreign investment

FDI gathering held at 16th century palace Sunak hails investment, holds off on subsidy push Britain has slipped in FDI rankings HAMPTON COURT, England, Nov 27 (Reuters) – Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting … Read more

Dutch politician Wilders vows ‘I will be prime minister’ on X

Dutch politician Wilders vows ‘I will be prime minister’ on X

Dutch far-right politician and leader of the PVV party, Geert Wilders gestures as he meets with members of his party at the Dutch Parliament, after the Dutch parliamentary elections, in The Hague, Netherlands November 23, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing Rights AMSTERDAM, Nov 25 (Reuters) – Veteran Dutch anti-Islam politician Geert Wilders on Saturday … Read more

Dollar slips on bets US rates have peaked

Dollar slips on bets US rates have peaked

A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci Acquire Licensing Rights NEW YORK, Nov 24 (Reuters) – The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November, but private sector employment … Read more

Budget crisis shakes industry’s confidence in Germany

Budget crisis shakes industry’s confidence in Germany

German Chancellor Olaf Scholz is flanked by Economy and Climate Minister Robert Habeck and Finance Minister Christian Lindner to comment on the ruling of Germany’s Constitutional court that the government’s re-location of 60 billion euros ($65 billion USD) of unused debt from the pandemic era to climate fund was illegal, in… Acquire Licensing Rights Read … Read more

Transport won’t be ready, Paris mayor says ahead of 2024 Games

Transport won’t be ready, Paris mayor says ahead of 2024 Games

Paris’ Mayor Anne Hidalgo attends the 105th session of the Congress of Mayors organised by the “France’s Mayors’ Association” (AMF), in Paris, France, November 21, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing Rights PARIS, Nov 23 (Reuters) – Paris will not be ready for the Olympics and Paralympics in terms of transport and sheltering the homeless, … Read more

Finland to close all but northernmost border crossing with Russia

Finland to close all but northernmost border crossing with Russia

HELSINKI, Nov 22 (Reuters) – Finland will close all but the northernmost crossing point on its border with Russia from midnight on Friday in a bid to halt a flow of asylum seekers to the Nordic nation, Prime Minister Petteri Orpo said on Wednesday. Since the beginning of the month, more than 600 people without … Read more