Western Victorian MP Bev McArthur has been rebuked by her party leader for “hurtful” commentary about First Nations People. Responding to the Upper House MP’s remarks that Indigenous people should say “thank you” for the benefits brought by colonisation, John Pesutto said he didn’t accept her comments. Ms McArthur recently issued media releases and wrote … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/F6CZHJLKAJISTAWWUJMGMTMNW4.jpg "Mexico’s FEMSA launches second 3 bln euro sale of Heineken shares")
MEXICO CITY, May 30 (Reuters) – Mexican bottler FEMSA on Tuesday offered 3.3 billion euros ($3.63 billion) worth of its shares in Heineken, the second large offering in its divestment of holdings in the Dutch brewer. The shares are equivalent to a stake of about 5.9% in Grupo Heineken, the Mexican company said in a … [Read more…]
International Auto Show on May 3, 2023. Small, cheap electric cars like this may be in demand in southern Europe. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Europe’s determination to force its citizens into electric cars will ravage its own traditional automotive industry as it becomes a trojan horse for Chinese manufacturers’ … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/OHE6VJ3M2NOULETOQ3LFMYAQ4Q.jpg "Australian luxury wine to China will take years to rebuild – Treasury")
SYDNEY, May 16 (Reuters) – Chinese wine sales will not return to the same level for Australia’s Treasury Wine Estate (TWE.AX) even if high tariffs imposed during a political dispute with Canberra are dropped, its chief executive said. The world’s biggest standalone winemaker drew a third of its profits from China before anti-dumping and subsidy … [Read more…]