Carrefour Teams Up with Dubais Apparel Group to Expand into India

PARIS, Sept 9 Reuters French multinational retail giant Carrefour is launching a franchise partnership with Dubaibased Apparel Group to establish its presence in India. The partnership will be aimed at North India initially, with further expansion planned across the country and the first store openings expected in 2025, Carrefour said on Friday. WHY IT39;S IMPORTANT With […]
Read More

Oil Prices Jump on Gulf Coast Storm, Post Selloff Recovery

BEIJING, Sept 9 Reuters Oil futures jumped in Asian trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and as markets recovered from a selloff following weakerthanexpected U.S. jobs data on Friday. West Texas Intermediate crude futures rose 72 cents, or 1.06, to 68.39 a barrel by 0635 GMT. Brent crude […]
Read More

Chinese Car Sales Fall for Fifth Straight Month

Chinese passenger vehicle sales down 1.1 yy in Aug NEV sales jump 43.2 to account for 53.5 of total CPCA sees incentives keeping FY sales in growth BEIJING, Sept 9 Reuters Passenger vehicle sales in China fell in August for the fifth straight month, industry data showed on Monday, though sales of allelectric and plugin […]
Read More

VW Factory Threat StressTests Germanys Economic Model

Industrial consensus key part of German model Volkswagen plant closure threat breaks taboos Ruling coalition struggling to agree policy BERLIN, Sept 6 Reuters Having lost cheap energy from Russia and facing uncertainty over its oncelucrative trade ties with China, big German business is now facing a crunch point over a third ingredient in its longtime […]
Read More