TOKYO (Reuters) - Japanese cosmetics powerhouse Shiseido ( SSDOF ) fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China. Shiseido ( SSDOF ) becomes the latest casualty among luxury brands, including Cartier-owner Richemont and Gucci's Kering, to be stung by slowing growth and consumer confidence...

MEXICO CITY, Aug 7 (Reuters) - MG Motor plans to build a manufacturing plant and a research and development center in Mexico, the carmaker said on Wednesday. The move will allow MG - a formerly British brand now owned by China's SAIC Motor Corp - to not only produce vehicles, but to also produce market intelligence specifically designed for and...

SEOUL (Reuters) - South Korea plans to require electric vehicle (EV) makers to disclose the brand of batteries in cars due to safety concerns after a vehicle in an underground parking lot caught fire, causing extensive damage, a newspaper reported on Thursday. The transport ministry intended to amend laws to require car companies to identify battery manufacturers, the Chosun Ilbo...

MEXICO CITY (Reuters) -MG Motor plans to build a manufacturing plant and a research and development center in Mexico, the carmaker said on Wednesday. The move will allow MG - a formerly British brand now owned by China's SAIC Motor Corp - to not only produce vehicles, but to also produce market intelligence specifically designed for and by Latin America,...