LONDON, April 18- The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits.» Read More
NEW YORK— With spring emerging from a seemingly never-ending winter, I wanted to clean my New York City apartment. So I got advice on how to clean without them from Cori Morenberg, the owner of the Ms. Green-Clean cleaning service in New York, and Mary Findley, author of "The Complete Idiot's Guide to Green Cleaning" and a seller of green cleaning products.
MCLEAN, Virginia— Procter& Gamble is crying uncle on the edible business so it can focus on its core brands like Tide detergent and Pampers diapers. Brands included in the deal include Iams, Eukanuba and Natura in North America, Latin America and certain other countries. The only business not included is in European Union countries.
Sales have been weak, and the retailer lost nearly a billion dollars in Canada for the year. Cracking the Canadian retail market, about one-tenth the size of the United States', looks simple. But Target's difficulties expose the challenges of doing business in Canada that have bedeviled other retailers.
*Manufacturers in price war for standard LED light bulbs. FRANKFURT, April 3- Lighting companies like Philips and Osram are scrambling to develop more advanced technology as a price war for LED bulbs threatens to eat into profits and bring on a period of low growth as the long-life bulbs become more common.
HAVANA, March 31- Cuba has declared itself open for business with a new foreign investment law but faces deep skepticism given a history that includes jailing foreign executives and attempting to seize greater control of businesses once they prove successful.
March 21- Canadian private equity investment firm Onex Corp said it would sell The Warranty Group, a provider of extended warranty contracts, to an affiliate of TPG Capital Management LP for an enterprise value of about $1.5 billion.
NEW YORK, March 21- The honeymoon for dividend stocks is over. While U.S. growth hasn't exactly been robust and interest rates haven't spiked significantly, the tide has turned so far this year with $1.2 billion in investor outflows from equity-income funds, notes Jeff Tjornehoj, head of Americas research for Lipper, a Thomson Reuters company.
BEIJING, March 17- Chinese e-commerce giant Alibaba Group Holding Ltd has joined the race to develop' smart' household appliances, partnering with Chinese electronic goods maker Midea Group to produce home devices that talk to each other. Alibaba said on Sunday its long-awaited IPO, expected to be valued at over $15 billion, will take place in the United States.
*Ocado not rushing into international partnership. LONDON, March 13- British online grocer Ocado sees Amazon's push to sell more groceries as more of an opportunity than a threat, believing it will encourage big international retailers to look for partners to help them get set up in e-commerce.
NEW YORK, March 13- Cotton is no longer king of the U.S. apparel industry as lower prices fail to revive consumer demand and once-mocked man-made fibers take a permanent place in American wardrobes.
March 13- J.C. Penney Co Inc is about to undo the centerpiece of former Chief Executive Officer Ron Johnson's failed vision to take the retailer upmarket. The retailer wants to recapture former clients and go head to head with rivals like Target Corp and Kohl's Corp..
*Risk of pick-up in China defaults could slow growth. The basic resources sector dropped 1.8 percent after Shanghai copper fell by its 5 percent daily limit on concerns over credit markets in China, the world's biggest metals consumer.
*Possibility of pick-up in China defaults could slow growth. LONDON, March 12- European shares fell on Wednesday, weighed down by below-forecast earnings reports and fears of more corporate defaults in China as a persistent decline in the copper price hit the mining sector.
March 7- Shares of digital coupon company Coupons.com Inc nearly doubled in their trading debut, valuing the company at over $2.2 billion and underscoring the popularity of technology IPOs. Coupons.com is the third technology company to go public this year, after the successful debuts of Care.com Inc and Varonis Inc..
BOCA RATON, Fla., Feb 23- Investors are growing impatient with the makers of global brands like Cadbury chocolate, Campbell Soup and Tide laundry detergent, as these stalwart consumer products companies try to boost profits through cost cuts and brand makeovers while smaller rivals take risks and grab market share.
Feb 18- Colgate-Palmolive Co, the world's largest toothpaste maker, said it expected a one-time loss of $180 million to $200 million in the current quarter after Venezuela devalued its foreign exchange rate.
NEW YORK, Feb 13- Procter& Gamble Co is considering current and former executives of the world's largest household products maker as it begins the search for candidates to succeed Chairman and Chief Executive A.G. Lafley, according to sources familiar with the situation.
OTTAWA, Feb 12- Proposed legislation to crack down on companies that unjustifiably charge more for goods in Canada than in the United States has raised eyebrows among experts on the issue as it is seen as being ineffective in lowering prices.
*Procter& Gamble drags on Dow, S&P 500 after outlook. TripAdvisor rallies after results; Lorillard, Intuit fall. NEW YORK, Feb 12- The S&P 500 rose slightly on Wednesday as a slide in Procter& Gamble's shares kept gains in check after a four-day rally took the benchmark index within striking distance of a record high.
*Procter& Gamble drags Dow, S&P after outlook. NEW YORK, Feb 12- U.S. stocks were little changed on Wednesday, as a decline in Procter& Gamble kept gains in check after a four-day rally left the S&P 500 within striking distance of a record high.