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MUMBAI: Indian palm oil importers have effectively stopped all purchases from Malaysia after the government privately warned them to shun the product from the country following a diplomatic spat, industry and government sources said.
KUALA LUMPUR: Malaysian crude palm oil futures rallied on Thursday, recouping losses suffered this week, as India's move to restrict imports of refined palm oil boosted prices, while signs of de-escalation in Iran-U.S. tensions soothed concerns.
MUMBAI: India has informally asked palm oil refiners and traders to avoid buying Malaysian palm oil, government and industry sources said, following Malaysian criticism of India’s actions in the Kashmir region and its new citizenship law.
MUMBAI/NEW DELHI: India has informally asked palm oil refiners and traders to avoid buying Malaysian palm oil, government and industry sources said on Tuesday, following Malaysian criticism of India's actions in the Kashmir region and its new citizenship law.
TOKYO: The Japanese automaker is preparing for a renewed legal and public relations battle against its former chairman and chief executive officer as Ghosn vows to hit back at the company he turned around two decades ago, but which he blames for engineering his downfall.
TOKYO: Ousted Nissan boss Carlos Ghosn (pic) left his Tokyo residence after a private security firm hired by Nissan Motor Co stopped monitoring him, three sources familiar with the matter told Reuters on Saturday.
BEIRUT/TOKYO: Lebanon received an Interpol arrest warrant on Thursday for former Nissan chairman Carlos Ghosn, while Turkey launched an investigation into his daring escape from Japan via Istanbul.
PARIS: Carlos Ghosn, the fallen automotive titan facing trial in Japan for financial crimes, fled to Lebanon to escape what he described as a “rigged Japanese justice system.”
HONG KONG: Carlos Ghosn’s stunning escape from Japan makes him one of the most famous white-collar fugitives in recent years, joining the likes of Malaysian businessman Jho Low and Indian tycoon Vijay Mallya.
PARIS/TOKYO: Carlos Ghosn, the ousted boss of the Renault-Nissan carmaking alliance who was grounded in Japan while awaiting trial on charges of financial misconduct, was in Lebanon as of Monday, a person close to Ghosn told Reuters.