By Foo Yun Chee BRUSSELS (Reuters) – U.S. tech giants should bear some of the costs of developing Europe’s telecoms networks because they use them so heavily, chief executives of Deutsche Telekom, Vodafone and 11 other major...
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Hong Kong firms scoop up properties from Chinese developers in distress
By Clare Jim HONG KONG (Reuters) -After years of expansion in Hong Kong, cash-strapped Chinese developers are reducing their presence in one of the world’s most expensive property markets, allowing firms in the financial hub to...
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OPEC postponses technical meetings to evaluate Omicron impact -sources
By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – OPEC and its allies have postponed technical meetings to later this week, giving themselves more time to assess the impact of the new Omicron coronavirus variant on oil demand and...
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Cryptocurrency exchange Coinstore enters India despite pending curbs on trade
By Nupur Anand MUMBAI (Reuters) – Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies....
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Amazon to open Abu Dhabi fulfilment centre by 2024, says govt media office
DUBAI (Reuters) – Amazon has partnered with Abu Dhabi Investment Office (ADIO) to establish a fulfilment centre by 2024 to be built in accordance with the company’s carbon-reduction strategies, the Abu Dhabi government’s...
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India’s law enforcement agency summons Amazon, Future Group officials over 2019 deal
NEW DELHI (Reuters) – India’s economic crime-fighting agency summoned officials of Amazon.com Inc <AMZN.O > and its warring partner Future Group in a case related to alleged violation of foreign investment rules,...
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