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South Korea approves rules on app store law targeting Apple, Google
SEOUL (Reuters) - South Korea approved detailed rules for a law banning dominant app store operators such as Apple Inc and Alphabet's Google from forcing software developers to use their payments syst...
Syndicated Content Mar 08, 2022
What would a U.S. ban on Russian oil mean for the world?
By Noah Browning, Simon Jessop and Balazs Koranyi LONDON (Reuters) - The possibility that the United States might ban Russian oil imports has triggered a surge in Brent crude to almost $140 a barrel, ...
Syndicated Content Mar 08, 2022
Adidas announces new China chief as it looks to revive sales
SHANGHAI (Reuters) - Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world's second largest economy. The company has appointed Adria...
Syndicated Content Mar 08, 2022
Telecom Italia shares rebound as KKR bid hopes rekindled
MILAN (Reuters) -Shares in Telecom Italia (TIM) rebounded on Tuesday after an Italian newspaper reported that U.S. fund KKR was still interested in a takeover deal, albeit at a lower price. Italian ne...
Syndicated Content Mar 08, 2022
Exclusive-Enel ready to resume LNG project in southern Italy
MILAN (Reuters) - Italy's biggest utility Enel is ready to dust off plans to build a liquefied natural gas (LNG) terminal in southern Italy, a spokesperson told Reuters on Tuesday. Enel said it was us...
Syndicated Content Mar 08, 2022
Tesla sold 56,515 China-made vehicles in February – CPCA
BEIJING (Reuters) -U.S. electric vehicle maker Tesla Inc sold 56,515 China-made vehicles in February, including 33,315 for export, the China Passenger Car Association (CPCA) said on Tuesday. Tesla, wh...
Syndicated Content Mar 08, 2022
Marketmind: Collateral damage
A look at the day ahead in markets from Sujata Rao All problems pale when compared with the tragedy of Ukrainians fleeing bombed-out cities. Others are seeing damage of a different kind -- from near w...
Syndicated Content Mar 08, 2022
Top Glove shelves HK listing as Ukraine war roils markets
By Scott Murdoch and Liz Lee SYDNEY/KUALA LUMPUR (Reuters) - Malaysia's Top Glove Corp Bhd has postponed a plan to raise $347 million in a Hong Kong listing due to elevated market uncertainty after Ru...
Syndicated Content Mar 08, 2022
Explainer – Amazon’s battle with Reliance for India retail supremacy
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) - For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion...
Syndicated Content Mar 08, 2022
France’s Danone unveils targets to ramp up revenue growth
By Dominique Vidalon PARIS (Reuters) - French food group Danone pledged to step up investments behind its brands and actively rotate asset portfolio, as it seeks to accelerate revenue growth in a fres...
Syndicated Content Mar 08, 2022
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