NEW DELHI: French supermarket giant Carrefour has opened its first cash and carry store in India, hoping the government will soon relax restrictions on foreign investment in its massive retail sector.
Business
Ford, Chrysler recall almost 160,000 vehicles
WASHINGTON: US automakers Ford and Chrysler are recalling tens of thousands of vehicles due to safety problems, the government said today.
China Eastern to buy 50 Airbus airliners
HONG KONG: China Eastern Airlines said today it had signed an agreement with the Europe-based Airbus aviation consortium to buy 50 A320 airliners with a book price of US$3.22 billion.
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Local bourse to gain from ETP, 10MP projects
YEAR-ENDER KUALA LUMPUR: The local bourse is anticipated to receive a much deserved boost next year as the implementation of various projects under the Economic Transformation Programme (ETP) and the 10th Malaysia Plan kicks off, a move which will make the local stock market more attractive to both local and foreign investors.
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Share prices lower at close, marks graceful exit for 2010
KUALA LUMPUR: Share prices on Bursa Malaysia ended the day lower as investors made a graceful exit from trading year 2010 without carrying forward heavy positions into 2011, dealers said.
Nintendo says small children should not play its 3D games
TOKYO: Japan's Nintendo has issued a health warning over the 3D function on its upcoming gaming console, recommending children aged six and under do not play with it to prevent damage to their eyes.
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Auto industry set to cruise ahead despite challenging times
YEAR-ENDER KUALA LUMPUR: The automotive industry is set to cruise ahead into 2011 despite challenging times, after recording a stellar volume this year.
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Share prices broadly higher at close
KUALA LUMPUR: Share prices on Bursa Malaysia closed broadly higher today as investors continued to pick up selected heavyweight stocks, signaling the possibility of a pre-new year rally, dealers said.
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