HONG KONG— A Chinese state-owned chemical maker offered to buy Swiss pesticide giant Syngenta for $43 billion in what would be the biggest-ever foreign acquisition by a Chinese company. Basel- based Syngenta said in a statement that ChemChina's cash offer is worth the equivalent of 480 francs a share, including a special 5 franc dividend for shareholders if...» Read More
Oct 9- Sears Holdings Corp named Sean Skelley as president of home services, the latest in a string of appointments made by the struggling retailer. Skelley, who has worked for over 20 years with U.S. electronics chain Best Buy Co Inc, will look after Sears' home services business which provides customers with home appliances repairs and home improvement...
The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.
TOKYO, Sept 28- Japanese stocks fell on Monday as investors took profits from gains made on Friday ahead of key economic indicators scheduled for release this week in Japan, China and the U.S. JFE Holdings shed 4.3 percent while Nippon Steel and Sumitomo Metal lost 3.3 percent. Electrical appliance retailer Yamada Denki gained 5.2 percent while household goods...
During last year's holiday season it limited the no-money-down option to certain weeks, said Jai Holtz, president of financial services at Sears. Wal-Mart Stores Inc started its layaway program in late August, two weeks earlier than 2014. The largest Texas supermarket chain, H-E-B, which also sells toys and appliances, has also launched a layaway plan and...
SAO PAULO, Aug 20- Brazilian retailer GPA SA said on Thursday it, along with holding company Wilkes Participacoes, would pay 212.46 million reais to Morzan Empreendimentos to settle arbitration over its takeover of home appliances retailer Globex.
Aug 19- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported better-than-expected quarterly same-store sales, helped by higher demand for items such as appliances and outdoor power equipment. Larger rival Home Depot Inc also reported a stronger-than-expected rise in quarterly same-store sales on Tuesday, helped by increased home remodeling...
The Justice Department is suing to stop Electrolux from buying General Electric's appliance division.
Home appliances maker Electrolux reported a smaller-than-expected fall in first-quarter earnings on Friday.
With various companies like Apple designing their products, smart home technology will mature in the coming years, says Tomson Li, chairman & CEO of TCL Corporation.
Whirlpool on Wednesday said its fourth-quarter profit fell due to costs from recent acquisitions, but excluding costs, the results beat expectations.
Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.
Bathroom breaks are getting a bit more luxurious as home appliance makers bring new features to the most basic of fixtures.
Whirlpool posted a higher profit on increased sales of its washers and dryers, cooktops, stoves, and refrigerators in North America and Europe.
Samsung has accused the head of rival LG Electronics' appliances business of damaging Samsung washing machines at retail stores.
This doubles our size in the U.S., says Keith McLoughlin, Electrolux CEO, discussing the acquisition of General Electric's appliance business amid growing global competition in the industry.
General Electric is in talks with potential suitors about selling its appliances business for up to $2.5 billion, Bloomberg reported.
Nest is recalling 440,000 smoke detectors, according to a notice that provides public knowledge of how many of the smart home appliances have shipped.
Keith McLoughlin, Electrolux CEO, tells CNBC he is pleased with the group's "broad growth" and "rich pipeline," and discusses currency headwinds impacting the group.
Whirlpool took a hit when the housing bubble burst but the stock is showing signs of recovery as consumers begin spending again to furnish new homes and upgrade older appliances, reports CNBC's Jackie DeAngelis.
Keith McLoughlin, Electrolux president & CEO, discusses his company's quarterly results, housing and the strength of the consumer.