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  • Putin Hosts North Korean Foreign Minister on Russia's 'Unity Day'

    11/04/2024 10:34:56 AM PST · by marcusmaximus · 13 replies
    U.S. News ^ | 11/4/2024 | Reuters
    Russian President Vladimir Putin met North Korea's foreign minister in the Kremlin on Monday at a time of mounting concern in the West that North Korean soldiers are about to enter the Ukraine war on Moscow's side. Video of the meeting showed the pair shaking hands for a full minute as Putin greeted Choe Son Hui. Putin noted that they were meeting on Russia's National Unity Day, a public holiday, and Choe conveyed "sincere, warm, comradely greetings" from North Korean leader Kim Jong Un.
  • How Hyundai Motor, once a rising star, lost its shine

    11/12/2018 4:27:17 PM PST · by Zhang Fei · 69 replies
    Reuters ^ | November 4, 2018 / 5:13 PM | Hyunjoo Jin, Ben Klayman, Yilei Sun
    At a near-empty Hyundai Motor (005380.KS) showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world’s largest auto market. Even with discounting of as much as 25 percent, his dealership was selling barely a hundred vehicles a month, said the manager surnamed Li. A nearby Nissan (7201.T) dealership was selling about 400 vehicles a month, a store manager there said. “The sales are simply poor,” Li told Reuters. “Look at the Nissan store next door, they have tens of customers...