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  • LONDON, Feb 2- Coffee shops, burger bars and clothes stores are among the foreign businesses in China that say they are thriving despite the economic slowdown that is hurting the manufacturing sector. A Reuters examination of comments or recent statements from 34 large publicly-traded foreign companies that updated investors on their China operations...

  • *China up for potential trade status review in Dec. BRUSSELS, Jan 29- The European Commission has estimated far fewer jobs would be lost by relaxing trade defenses against China than opponents of the move predict, a document shows, suggesting EU officials are leaning towards accepting Beijing's demands. The European Union has to decide whether to recommend...

  • FRANKFURT, Jan 21- German lighting group Osram is convinced large shareholders will warm to its new strategy of expanding in the general LED lighting market, it said on Thursday. Osram, the only global company left that focuses solely on lighting, saw its shares plunge in November after it announced a surprise 1 billion-euro investment in a new LED semiconductor...

  • On China's Main Streets: a need to keep shoppers shopping Wednesday, 20 Jan 2016 | 6:55 AM ET

    SHANGHAI, Jan 20- More potential bad news for the global economic outlook: Chinese shoppers, who largely propped up growth last year, are likely to trim spending this year; dining out less often, delaying smartphone upgrades and cutting out impulse buys. China's economy grew at its slowest rate in a quarter of a century last year, and analysts credited consumers...

  • LONDON, Jan 19- Consumer goods group Unilever said it faced another volatile year after improvements to products from Magnum ice cream to Omo detergent helped its sales in 2015 to beat forecasts. The past year has been more positive for Unilever after it was hammered in 2014 by a slowdown in emerging markets such as China that caused retailers and wholesalers to...

  • LONDON, Jan 19- Consumer goods group Unilever said it was preparing itself for tougher market conditions and another year of volatility in 2016 after it outperformed the wider market with better-than-expected 2015 sales growth. Turnover at the Anglo-Dutch maker of Knorr soups, Dove soap and Lipton teas rose 10 percent to 53.3 billion euros, helped by a 5.9...

  • *Iran orders oil production increase of 500,000 bpd. DUBAI, Jan 18- Iran ordered a sharp increase in oil output on Monday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation. Those measures were scrapped as part of a landmark deal between Iran...

  • *Iran orders oil production increase of 500,000 bpd. DUBAI, Jan 18- Iran ordered a steep increase in oil output on Monday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to sign contracts with Iran. The measures were scrapped as part of a landmark deal between Iran and world powers, rewarding the Islamic Republic...

  • Airbus plan heralds Iran boom after sanctions lifted Sunday, 17 Jan 2016 | 6:22 AM ET

    DUBAI, Jan 17- A purchase of more than 100 aircraft from Europe's Airbus may be one of Iran's first big deals in a trade and investment boom that could reshape the economy of the Middle East. Hours earlier, his transport minister Abbas Akhoondi told the Tasnim news agency that Iran intended to buy 114 civil aircraft from Airbus- a deal that could be worth more than $10...

  • Unilever returns to Cuba in joint venture with state Monday, 11 Jan 2016 | 6:38 PM ET

    HAVANA, Jan 11- Global consumer products company Unilever Plc will return to Cuba after a several-year absence, agreeing on Monday to build a $35 million soap and toothpaste factory in Cuba's special development zone at the port of Mariel west of Havana. At the time of the dispute, Cuba's Communist government preferred the state hold a majority stake in joint...

  • By Emma Thomasson and Barbara Lewis. BERLIN/ PARIS, Dec 7- Eat misshapen veg, wash clothes in cold water, drive more slowly and recycle? As negotiators seek a deal to reduce global emissions at the U.N. talks in Paris, companies are under increasing pressure to account for all their carbon emissions, from manufacturing all the way through to packaging and a product's...

  • BERLIN, Dec 4- German industrial orders rose more than expected in October, fuelled by stronger demand from the euro zone, signalling that Europe's largest economy may be gaining steam as the year comes to an end. The data, published a day after the European Central Bank surprised financial markets by announcing only modest monetary stimulus, suggested Germany...

  • PUERTO CABELLO, Venezuela, Dec 1- In June, President Nicolas Maduro smiled as he sealed a multimillion-dollar food import deal with his Uruguayan counterpart designed to combat shortages ahead of Venezuela's legislative elections. That put a brake on the shipments to Venezuela. Hit by recession and a slump in oil prices, Venezuela faces a cash crunch, hurting...

  • INSIGHT-Bad Saudi PR fuels riyal devaluation talk Thursday, 26 Nov 2015 | 8:38 AM ET

    DUBAI, Nov 26- Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic pressures on the kingdom. Riyadh has the tools available to protect itself as low oil prices push the current account and budget balances of the world's top crude exporter deep into deficit, senior...

  • Nov 13- Department store operator J.C. Penney Co Inc reported better-than-expected quarterly net sales on Friday, helped by demand for home products and footwear and a strong performance by the Sephora beauty shops in its stores. J.C. Penney's net loss narrowed to $137 million, or 45 cents per share, in the third quarter ended Oct. 31, from $188 million, or 62 cents per...

  • European shares led higher by Carlsberg, Henkel Wednesday, 11 Nov 2015 | 10:37 AM ET

    *Ahold, Henkel also rally after results. LONDON/ MILAN, Nov 11- European shares rose on Wednesday after well-received earnings reports from companies including Henkel and as Carlsberg's new management outlined restructuring plans, sending the brewing group's shares soaring. "If there's a one-off rate rise from the Fed, the market has enough appetite in it to...

  • European shares rise, led higher by Carlsberg Wednesday, 11 Nov 2015 | 4:24 AM ET

    *Ahold, Henkel also rally after results. LONDON, Nov 11- European shares rose on Wednesday, boosted by a spate of well-received earnings reports, with beverage firm Carlsberg higher after its new management outlined restructuring plans. Denmark's Carlsberg rose as much as 9 percent after it said it would book a $1.4 billion impairment charge and cut staff to...

  • MUMBAI, Oct 14- Hindustan Unilever Ltd, India's largest consumer goods firm, said price cuts for key products including soaps and detergents dragged down its profit in the second quarter, missing market estimates despite improved sales. Grappling with weaker demand in rural India, the Indian unit of the Anglo-Dutch consumer group Unilever Plc had slashed...

  • Sodastream CEO: We welcome competition Friday, 9 Oct 2015 | 9:28 AM ET
    Employees pack boxes of SodaStreams at the factory in the West Bank Jewish settlement of Maale Adumim.

    The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.

  • *China's economy officially growing at 7 pct. SHANGHAI, Sept 30- China's economy is officially growing at a brisk clip of 7 percent, but many locally based executives at multinationals say they wouldn't know it from the performance of their businesses. By China's standards 7 percent is already the weakest annual growth in 25 years, but on the ground the slowdown in...