China open to foreign investment
BEIJING: China will take steps to safeguard its interests, but won’t close its door to foreign investment and the global industry despite trade frictions with the United States, a Chinese…
Author Archives: Reuters
Reckitt Benckiser cuts full-year forecast again
LONDON: British household goods maker Reckitt Benckiser has cut its full-year sales forecast for the second time this year, blaming a drop in retail orders for Mucinex in the United…
England spring surprise
OITA (Japan): England coach Eddie Jones sprung a big surprise yesterday by naming Owen Farrell (pic) to start at flyhalf in the World Cup quarter-final against Australia, benching George Ford…
Itoje: Rugby cannot be complacent about racism
OITA (Japan): Rugby cannot afford to be complacent about racism in the wake of the abuse suffered by England’s black soccer players in their Euro 2020 qualifier in Bulgaria, lock…
Wawrinka outlasts Lopez to reach q-finals
ANTWERP (Belgium): Stan Wawrinka was made to work hard at the European Open on Wednesday as the Swiss veteran outlasted Feliciano Lopez 6-7(4) 6-4 7-6(4) to reach the quarter-finals in…
Facebook’s Libra announces board as support shrinks further
LONDON/SAN FRANCISCO: Backers of Facebook Inc’s Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company…
Hyundai eyes $35b for future auto tech
SEOUL: Hyundai Motor Group said yesterday that it plans to invest 41 trillion won ($34.65 billion) in mobility technology and strategic investments by 2025, as South Korea’s top automaker accelerates…
China Sept factory prices fall 1.2 pct
BEIJING: China’s factory gate prices declined at their fastest pace in more than three years in September, reinforcing the case for Beijing to unveil further stimulus as manufacturing cools on…
Perfect storm looms
WASHINGTON: Higher tariffs. Slower growth. The countdown to Brexit. Halloween is still two weeks off but a witching hour for the global economy could be near as new forecasts and…
US importers hoard European cheeses
WASHINGTON/WEST CALDWELL, New Jersey: Ambriola Co Inc’s mammoth warehouse in West Caldwell, New Jersey, is crammed full of boxes and wheels of harder cheeses such as Parmigiano Reggiano, Pecorino Romano…