You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Deal reached to sell supermarket chain to ex-CEO
    A New England supermarket chain that has been in turmoil for weeks over a workers’ revolt and customer boycott has announced that the former CEO is buying the company from rival relatives.
  • FBI investigating reports of attacks on US banks
    The FBI said Wednesday it’s working with the Secret Service to determine the scope of recently reported cyberattacks against several U.S. financial institutions.  A report on Bloomberg.
  • IMF chief faces probe for fraud
    PARIS – Christine Lagarde, the chief of the International Mon­e­tary Fund, was put under of­fi­cial investigation for negli­gence in a French corruption probe that dates back to her days as France’s
Advertisement
Associated Press
A Rolls-Royce Wraith is unveiled Monday during the inauguration of the luxury-car company’s official dealership in Phnom Penh, Cambodia. A Rolls-Royce showroom will open next month.

Rolls-Royce set to sell in Cambodia

Fabled luxury car maker Rolls-Royce Motor Cars announced Monday it will soon be marketing its goods in Cambodia, one of the world’s poorest countries.

The company has joined with a Cambodian business partner to open a showroom in the Cambodian capital, Phnom Penh, next month.

Cambodia’s average per capita annual income, according to the World Bank, is just over $1,000, a bit less than one-half of 1 percent of the cost of the cheapest Rolls-Royce. A small but wealthy elite lives in the capital of the mostly rural nation.

Advertisement