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Gold prices rose on Thursday as the dollar declined due to concerns the prolonged U.S. government shutdown will limit economic growth at the same global growth is slowing as well. Spot gold was up 0.1 percent at $1,283.31 per ounce, as of 0326 GMT, while U.S.…
Chinese electronics firm Xiaomi has opened its largest European Mi Store in Paris. Queues for the January 18 1pm opening started to form at the Champs-Elysees location at sunrise, despite freezing temperatures. The store is hosting a reportedly comprehensive…
Renault Samsung Motors, the Korean unit of French carmaker Renault S.A., is planning to start producing the Twizy ultra-small electric car in its sole domestic plant next year, industry sources said Monday. Renault Samsung, Busan Metropolitan City, and the…
Volkswagen launched its sleek new midsize Arteon sedan in Korea on Wednesday with high hopes that the car will overshadow consumers’ memories of the company’s emissions rigging scandal, which was first revealed three years ago. The sedan is the last of the…
Pierpaolo Piccioli, creative director of Valentino, was in Tokyo last week to celebrate the brand’s Ginza Six store opening and its Pre-Fall 2019 runway show, titled “Valentino TKY,” of which Japan’s wabi-sabi aesthetic was credited as one inspiration. Kim…
French carmaker Renault has asked Korean steelmaker Posco to enter the Moroccan market and supply automotive steel, a person familiar with the issue said last Thursday. Renault approached the world’s fifth-largest steelmaker by output in early 2017 as part of…
Hyundai Motor is introducing its connected-car system in Europe in partnership with Vodafone next year. The carmaker and affiliate Kia Motors signed a memorandum of understanding with Vodafone at the company’s British headquarters on Monday to roll out the…
South Korean eyewear brand Gentle Monster began the first phase of a major European expansion plan when it opened a 450 sq m store in the heart of London’s West End. Celebrating the opening at a party, the company’s UK and Europe managing director, Gary Bott,…
Tea WG has announced its launch in Europe in conjunction with its 10th anniversary. The luxury tea brand will open two Tea WG Salons & Boutiques in London at Knightsbridge and Leicester Square, achieving the distinction of being the first luxury tea brand to…
Vietnam will have to wait another six months for the European Union to consider lifting a ‘yellow card’ restriction slapped last year because of illegal fishing. After an evaluation done May 15-24 this year, the EC decided that they would consider lifting the…
South Korea’s top courier CJ Logistics Corp. will start a door-to-door overland parcel delivery service from China to Europe via railways and trucks. The company said it will start the Eurasia Bridge Service that uses both Trans China Railway trains and…
There were queues when Filipino fast-food giant Jollibee Europe opened its first-ever branch, in Milan. An estimated 170,000 Filipinos live in the Italian city. In the early hours of the outlet’s opening day, families, young people, members of the Filipino…
An EU court ruled on Wednesday that the design of Crocs shoes cannot be patented in Europe in a blow to the US-based maker of the plastic clogs. Luxembourg-based judges upheld a 2016 decision by the EU’s intellectual property office to cancel the patent…
Korea Investment Management Co. has obtained a 99-year leasehold for €370 million ($454 million) of two buildings in Brussels used as the headquarters of Belgium’s foreign ministry, in the largest property investment by a South Korean investor in the European…
Sales of passenger cars in Europe rose twice as fast in January as in the whole of 2017, helped by strong gains at France’s PSA Group and Renault, industry data showed. Registrations increased 6.8 percent to 1.29 million cars last month in the European Union…
Several Vietnamese companies have introduced Việt Nam’s cultural features, natural landscapes and cuisine to visitors at the 60th Brussels Holiday Fair that is being held in Belgium’s capital city from February 1 to February 4. At the event, representatives…
