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BEIJING/MANILA (Reuters) -- The Philippines and China accused each other on Monday of ramming vessels and performing dangerous maneuvers in the South China Sea, the latest flare-up after the two nations had agreed to try to ease tensions and manage disagreements at sea.
The Russian leader’s two-day state visit marks a shift in alliances in the politically unstable Caucasus region.
GUANGZHOU -- China's Fashion Momentum Group (FMG) is stepping up the expansion of its Benlai casualwear brand, which has a functional edge designed to compete with Uniqlo and Gap.
TOKYO -- Canadian convenience store giant Alimentation Couche-Tard's takeover proposal for Seven & i Holdings has highlighted the Japanese retail group's vulnerability to buyout attempts, as its restructuring efforts have failed to impress the stock market.
DETROIT — General Motors is expanding its high-end GMC Yukon lineup to include a new "AT4 Ultimate" model as part of updates to the large SUV for the 2025 model year.
JAKARTA -- Indonesian President Joko "Jokowi" Widodo ushered in several new ministers on Monday in a cabinet reshuffle two months before his term ends, with figures close to incoming leader Prabowo Subianto taking key posts.
BANGKOK (Reuters) -- Paetongtarn Shinawatra was endorsed as prime minister by Thailand's king on Sunday, two days after parliament elected her, paving the way for her to form a cabinet in the coming weeks.
DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit's operations, CNBC has learned.