'The Shops Are Gone': How Reliance Stunned Amazon In Battle For India's Future Retail

‘The Shops Are Gone’: How Reliance Stunned Amazon In Battle For India’s Future Retail

By Aditya Kalra and Abhirup Roy MUMBAI (Reuters) – At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates belonging to India’s biggest retailer Reliance. Prospective customers were turned back by security, disappointed at the closed state of the store that still carries the signage of…

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Analysis-As Russia Avoids Energy Sanctions, Oil Majors Flee But TotalEnergies Stays

Analysis-As Russia Avoids Energy Sanctions, Oil Majors Flee But TotalEnergies Stays

By Shadia Nasralla, Benjamin Mallet and Michel Rose LONDON (Reuters) – France’s TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors from the country after its invasion of Ukraine, even though no sanctions have forced such divestments. “For existing assets, the company says it will respect…

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