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KSA’s e-commerce sector sees 9.4pc growth in Q3

RIYADH, Oct 06 (Arab News): The Kingdom of Saudi Arabia's (KSA) e-commerce sector continues its upward momentum, with 39,769 businesses registered in the third quarter, a 9.4 per cent increase year on year. The latest data from the Ministry of Commerce revealed that Riyadh led with 16,274 registrations, followed by...

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Chinese automakers should be allowed to avert tariffs by investing in EU

FRANKFURT, Oct 06 (Reuters): The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe."Instead of punitive tariffs this should be about mutually giving credit for investments. Those who invest, create jobs and work...

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UK investment summit to feature Google, Wayve, Brookfield

LONDON, Oct 06 (Reuters): The new British government's first international investment summit will feature senior executives from companies including Google, Wayve and Brookfield Asset Management, the government said on Saturday.The summit, on Oct. 14, is aimed at ramping up foreign direct investment to help improve economic growth, Prime Minister Keir...

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Vietnam economy grows 7.4pc in Q3

HANOI, Oct 06 (AFP): Vietnam's economy grew by 7.4 per cent in the third quarter, government figures showed Sunday, despite severe economic damage caused by deadly Typhoon Yagi.Vietnam suffered $3.3 billion in economic losses as a result of Yagi which swept across the country's north, causing devastating flooding and 345...

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