GENEVA (Reuters) -World Trade Organization chief Ngozi Okonjo-Iweala expressed cautious optimism on Sunday that more than 100 trade ministers meeting in Geneva would achieve one or two global deals this week, but warned the path there would be bumpy and rocky. The director-general from Nigeria said the world had changed since the WTO’s last ministerial…
GENEVA (Reuters) – World Trade Organization director-general Ngozi Okonjo-Iweala urged trade ministers gathering in Geneva to go the extra mile over the coming days and said she would consider one or two global trade deals a success. “Let me be clear, even landing one or two will not be an easy road. The road will…
LONDON (Reuters) -Legislation that Britain will unilaterally bring forward on Monday to scrap some of the rules that govern post-Brexit trade with Northern Ireland will not break international law, minister Brandon Lewis said on Sunday. “The legislation that we will outline tomorrow is within the law; what we are going to do is lawful and…
(Reuters) -McDonald’s restaurants flung open their doors in Moscow once again on Sunday under new Russian ownership and a new name: Vkusno & tochka, which translates as “Tasty and that’s it”. The new dawn for Russia’s fast-food scene will initially see 15 rebranded restaurants open in and around the capital after the U.S. burger giant…
By Alexander Cornwell DUBAI (Reuters) – Saudi Telecom said on Sunday its board had proposed increasing the company’s share capital by 30 billion riyals ($8 billion), or 150%, driving the share price nearly 10% higher. The Riyadh-listed company had earlier announced the proposed capital increase would involve issuing 30 billion new shares, with shareholders offered…
(Reuters) – The first 15 restaurants of former McDonald’s Corp will reopen in Moscow on Sunday under new ownership and a new name, “Vkusno & tochka”, which means “Tasty & that’s it”, the company said. Another 50 restaurants will be open on Monday, Vkusno & tochka said. Sunday marks a new dawn for Russia’s fast-food…
DUBAI (Reuters) – Saudi Telecom said on Sunday its board had proposed increasing its capital by 30 billion riyal ($8 billion) to finance growth and expansion plans in its home market, Saudi Arabia, and elsewhere in the region. The capital increase would involve issuing 30 billion new shares, representing a capital increase of 150%, with…
By Cynthia Kim SEOUL (Reuters) -South Korean truckers were on strike for a sixth day on Sunday after talks with the government failed to make progress over their demands for higher pay, crippling cargo transport at the country’s industrial hubs and major ports. Transport ministry officials met for more than 10 hours with union leaders…
(Reuters) – Rogers Communications Inc’s Loretta Rogers who served as a corporate director for over fifty years and was the company’s founding president and CEO died on Saturday at the age of 83. Chairman Edward Rogers, the only son of the company’s late founder Ted Rogers, said, the family was profoundly saddened by their mother’s…
(Reuters) – Lawyers are investigating Meta Platforms Inc’s outgoing operations chief Sheryl Sandberg’s use of company resources over several years, the Wall Street Journal reported on Friday, citing people familiar with the matter. Several employees have been interviewed in connection with the investigation by Facebook-parent Meta, the WSJ reported, adding that the probe has been…
