Colgate-Palmolive on Thursday posted second-quarter earnings that were better than expected by a penny a share. » Read More
BEIJING, March 5- China's parliament, the National People's Congress, opened its annual session on Saturday. Following are highlights from Premier Li Keqiang's speech at the start of the meeting, as well as highlights from reports from the Ministry of Finance and the National Development and Reform Commission. WORK REPORT FROM PREMIER LI KEQIANG.
FRANKFURT, Feb 25- Germany's Henkel, maker of Schwarzkopf shampoo and Loctite glue, said on Thursday it will need to make acquisitions to meet a 20 billion euro sales target by the end of the year. Henkel also plans to keep cutting jobs and costs to improve profits in the face of slowing global economic growth, outgoing Chief Executive Kasper Rorsted said.
NEW YORK, Feb 22- The Federal Reserve's top markets official warned on Monday that a trend of U.S. money market firms converting funds from "prime" to "government-only" could be sharply reversed and harm the overall execution of policy when a new Fed tool is eventually dismantled. In a speech on tools the U.S. central bank adopted to wrench interest rates from near...
*Big cities still growing despite slowing economies. JOHANNESBURG, Feb 14- Africa's biggest economies have been hammered by the collapse in commodity prices over the past 18 months but there are still investment bright spots to be found. In cities such as Lagos, Nairobi, Accra, Kinshasa and Johannesburg, growth remains robust and investors are prospering in the...
WASHINGTON, Feb 10- Government tests show some specific types of laminate flooring made by Lumber Liquidators Holdings LLC could cause irritation and breathing problems, a federal report released on Wednesday showed. The U.S. Consumer Product Safety Commission, which is investigating the issue and made the report public, asked the federal Centers for...
*India Oct-Dec GDP seen at 7.3 pct, faster than China. *Ambit Capital estimates growth at only 5-6 pct. It's a good deal weaker than official data showing India to be the world's most dynamic big economy.
Local market leader Hanssem Co Ltd, with sales of more than $1 billion in 2014, saw a 31 percent increase in revenue for the first nine months of 2015 and a doubling in its share price for the year as it opened 27 of its larger stores in 2014 and 2015. Shinsegae Co Ltd's Jaju chain opened 10 stores in 2015, bringing its total to 149.. Swedish giant IKEA, whose single...
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...
The single-serve coffee business shows at-home carbonated device sales could boom as competition ramps up, Sodastream CEO Daniel Birnbaum said.
Method emerged as a startup, and is taking on big companies to sell soap, dish washing detergent and cleaning products. CNBC goes inside the San Francisco headquarters.
Japan's households opened their wallets a bit wider than expected in May, with household expenditures jumping for the first time in more than a year.
Online shopping has arrived in North Korea, even though citizens of the isolated country have no access to the Internet.
Those days of pounding the bottom of that ketchup bottle may be over if a new product succeeds in hitting the mainstream.
Amazon's new line of diapers and baby wipes only raises merchants' fears it plans to compete directly with sellers on its site. Re/code reports.
Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.
Laundry detergent pods, that are sometimes mistaken for candy or toys, have accidentally poisoned thousands of children, according to a new study.
Movember sponsor Harry's is looking to shave off a piece of the $6.1 billion men's grooming industry with low-priced blades and bathroom products sold online.
Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy.
Argentina has accused Procter & Gamble of tax fraud and said it suspended its operations in the South American country.
U.S. cleaning products maker Clorox reported better-than-expected quarterly sales and adjusted profit, helped by strong demand for household products.