By Shivangi Acharya and Aditi ShahNEW DELHI (Reuters) – The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it...
(Reuters) -Starbucks named Nordstrom’s Cathy Smith as its finance chief on Tuesday, hiring a retail industry veteran to aid CEO Brian Niccol’s efforts to revive sales at the coffee giant. She will replace Rachel Ruggeri, a 20-year company veteran who...
By Aditya KalraNEW DELHI (Reuters) – Private equity investor Blackstone has pulled out of the race to pick up a minority stake in the snacks business of India’s Haldiram’s over valuation concerns, two sources with direct knowledge of the matter said...
(Reuters) -Ford Motor Co on Monday reported an about 9% drop in its auto sales for February. Automakers have been trying to cut costs amid lower interest for new vehicles, and brace for the potential impact of U.S. tariffs on imports from Canada and Mexico....
(Reuters) -Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over the next few years, the information technology ministry said on Monday.India has been stepping up its efforts to...
By Terje Solsvik and Louise RasmussenOSLO/COPENHAGEN (Reuters) -Tesla sales plunged in Scandinavia and France in February from a year ago, eroding its market share, as the electric vehicle maker faced a brand loyalty test amid CEO Elon Musk’s role in U.S....