[ad_1] NEW DELHI (Reuters) – South Korea’s Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighbouring Andhra Pradesh only months after it
EU watchdog clashes with Britain over financial market rules
[ad_1] LONDON (Reuters) – The European Union’s markets watchdog asked its British counterpart on Thursday to ensure that ICE Futures Europe and the London Metal Exchange fully comply with the bloc’s market transparency rules for
Nokia’s surprise profit rise fails to salvage 2019 dividend
[ad_1] HELSINKI (Reuters) – Cost cuts provided an unexpected boost to Nokia’s (NOKIA.HE) fourth-quarter underlying profit on Thursday, driving its share price to a four-month high, although the Finnish telecom company said it was not
Total beats quarterly forecasts despite low oil price, raises payout
[ad_1] ABERDEEN, Scotland (Reuters) – Total beat forecasts on Thursday by keeping net adjusted fourth-quarter profit steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy
Exclusive: China’s mobile giants to take on Google’s Play store – sources
[ad_1] SHENZHEN, China (Reuters) – China’s Xiaomi, Huawei Technologies, Oppo and Vivo are joining forces to create a platform for developers outside China to upload apps onto all of their app stores simultaneously, in a
OPEC+ may agree on need to deepen oil output cuts -sources
[ad_1] (Reuters) – An OPEC+ technical committee may reach consensus on Thursday on the need to further cut oil output by at least 500,000 barrels per day in response to the coronavirus’ impact on energy
Indonesia warns of $4 billion hit to tourism if virus disruption extended
[ad_1] JAKARTA (Reuters) – Indonesia stands to lose $4 billion in earnings from tourism if its worst-case scenario materialises and travel from China is disrupted for the whole year by a virus epidemic, the tourism
Exclusive: BP eyes sale of Algerian gas plant after Rosneft talks fail – sources
[ad_1] LONDON (Reuters) – BP (BP.L) is seeking buyers for its stake in a major Algerian gas plant deep in the Sahara desert after recent talks on a sale to Russian oil giant Rosneft (ROSN.MM)
Toyota lifts annual profit forecast, looking at alternate sources for China-made parts
[ad_1] TOKYO (Reuters) – Toyota Motor Corp (7203.T) raised its annual operating profit forecast by 4.2% on favourable currency rates and better-than-expected vehicle sales, but added that the impact of the new coronavirus was difficult
Weak growth to pull down Indian rupee, coronavirus fears to impinge: Reuters poll
[ad_1] BENGALURU (Reuters) – The battered Indian rupee will weaken further against the dollar over the coming year as a significant pickup in economic growth is unlikely, according to a Reuters poll of strategists who