NEW DELHI, Sept 10 Reuters Electronic components maker Jabil will set up a manufacturing plant in India39;s southern state of Tamil Nadu with an investment of about 20 billion rupees 238.2 million, the state39;s industries minister said on Tuesday. U.S.based Jabil, a supplier to Apple, will base its plant near the city of Trichy as part […]

FRANKFURT, Sept 10 Reuters Nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at a trade fair in Frankfurt as the country39;s car sector defies looming trading barriers to expand its global footprint and counter eroding profitability at home. Chinese carmakers including BYD, GeelyGEELY.UL, Hongqi and GAC International were […]

SEOUL, Sept 10 Reuters South Korea39;s antitrust regulator has launched a probe into the local unit of MercedesBenz, an official at the Korea Fair Trade Commission KFTC said on Tuesday, without elaborating. The investigation came after a fire involving a MercedesBenz electric vehicle broke out in the city of Incheon on August 1, destroying or damaging about […]

APRA intends to simplify use of hybrid bonds Move to simplify bank capital requirements, remove risk Transition to begin from January 2027 Sept 10 Reuters Australia39;s prudential regulator is proposing to bar banks from issuing certain hybrid securities to help meet their capital requirements starting in 2027 as retail investors that typically buy them do […]

TOKYO, Sept 10 Reuters Japan39;s Panasonic Holdings said on Tuesday it would end its 37year contract as a top sponsor for the Olympics following the end of the Paris Games. The Osakabased company first became an official partner of the Olympic Games in 1987 and expanded its partnership to the Paralympics from 2014. It has supported […]

Bad weather hits Inditex39;s June sales in Spain Inditex39;s sales growth likely improved in July analysts Q2 sales expected to rise 7 LSEG analyst poll Analysts expect firsthalf profit to rise 10 MADRID, Sept 10 Reuters Expectations of bumper second quarter sales growth at Zara owner Inditex have been dashed by a wet and cold June […]