Author Archives: Reuters

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…

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…

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…