PARIS (Reuters) - Organisers of the annual Geneva Motor Show said on Friday they will no longer hold the event in Geneva, citing an uncertain market environment.
They added in a statement that they were still planning to hold the Qatar edition of the show in November.
(Reporting by Gilles Guillaume, Dominique Vidalon; Editing by Sudip Kar-Gupta)
By Manoj Kumar and Aftab Ahmed
NEW DELHI (Reuters) -India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by strong growth in the manufacturing sector, and economists expect the momentum to remain strong this year.
The gross domestic product growth in the first three months of 2024, the fourth quarter of 2023/24 fiscal year, was lower than a revised 8.6% expansion in the previous... (continue reading...)
By Ismail Shakil
OTTAWA (Reuters) -The Canadian economy expanded at an annualized rate of 1.7% in the first quarter, missing forecasts, and real gross domestic product likely rose 0.3% on a monthly basis in April, data showed on Friday.
The data prompted financial markets to increase bets on a 25 basis point interest rate cut next week to almost 80% from 66% earlier.
The quarterly growth rate was slower than the 2.2% pace... (continue reading...)
SINGAPORE (Reuters) - Philippines' President on Friday denounced illegal, coercive and aggressive actions being taken in the South China Sea, a disputed ocean territory that China has been flooding with coastguard ships in recent months.
Speaking at the opening of the Shangri-La Dialogue defence summit in Singapore, Marcos said that the Philippines and other Southeast Asian countries had a vision for "peace, stability, and prosperity" in the South... (continue reading...)
CATANIA, Italy (Reuters) - European Union antitrust chief Margrethe Vestager expects further approvals for state funding projects under the European Chips Act, she said after the bloc's approval on Friday of state aid for an STMicroelectronics plant in Italy.
"I'm absolutely sure that there will be more investments in other states and I think they will come relatively soon, but I cannot tell you exactly when," she told a press conference.
... (continue reading...)More Reuters
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