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  • For billionaire Warren Buffett, P&G's tide has crested Thursday, 13 Nov 2014 | 5:38 PM ET

    NEW YORK, Nov 13- Procter& Gamble Co., one of Warren Buffett's top portfolio holdings, is about to lose the billionaire's influential backing at a time when it appears the company's own fortunes have peaked. Thursday's agreement by Buffett's Berkshire Hathaway Inc. to turn over the $4.7 billion in shares it owns in the world's largest consumer products company...

  • Nov 13- Warren Buffett's Berkshire Hathaway Inc said it would buy Procter& Gamble Co's Duracell battery business in exchange for its entire $4.7 billion stake in the world's No. 1 household products maker. "I have always been impressed by Duracell, as a consumer and as a long-term investor in P&G and Gillette," Berkshire Hathaway Chief Executive Warren Buffett...

  • The European staples resisting Russia's downturn Thursday, 13 Nov 2014 | 2:20 AM ET
    A Carlsberg advertisement

    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.

  • *Worst of Russia pain, rouble slide still to come. Whether due to' recession-proof' products or because the companies have been able to offset pain in Eastern Europe with growth elsewhere, brewer Carlsberg and detergent-and-cosmetics group Henkel are among firms whose third-quarter results beat market forecasts, despite their exposure to Russia.

  • Detergent pods pose poisoning risk to children     Tuesday, 11 Nov 2014 | 11:00 AM ET

    Laundry detergent pods, that are sometimes mistaken for candy or toys, have accidentally poisoned thousands of children, according to a new study.

  • Online shaving start-up takes on the big blades Monday, 10 Nov 2014 | 9:19 AM ET
    Harry's Razors product

    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.

  • BEIJING, Nov 8- 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 that could prompt policymakers to roll out more stimulus measures. Exports rose 11.6 percent in October from a year earlier, slowing from a 15.3 percent jump in September, the General...

  • China's October trade data another sign of fragility Friday, 7 Nov 2014 | 10:07 PM ET

    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.

  • BEIJING, Nov 8- 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 that could prompt policymakers to roll over more stimulus measures. Exports rose 11.6 percent in October from a year earlier, slowing from a 15.3 percent jump in September, the General...

  • BUENOS AIRES, Nov 4- Procter& Gamble Co, the world's No. 1 household products maker, has no plans to lay off staff in Argentina despite having to suspend commercial operations in the country while it grapples with a tax fraud probe, a source familiar with the matter said on Tuesday. Argentina accused P&G on Sunday of hiding income and over-billing $138 million in...

  • BUENOS AIRES, Nov 3- Procter& Gamble said on Monday it had temporarily suspended operations in Argentina after the country's tax authority, which has accused the company of tax fraud, said it started meetings with the world's No.1 household products maker. On Sunday, Argentina accused the company of hiding income and over-billing $138 million in imports to get...

  • P&G says temporarily halts operations in Argentina Monday, 3 Nov 2014 | 7:27 PM ET

    CHICAGO, Nov 3- Procter& Gamble, the largest household products maker in the world, said it has temporarily suspended operations in Argentina. On Sunday, Argentina accused the company of hiding income and over-billing $138 million in imports to get money out of the country, which three years ago introduced stringent capital controls in order to protect its...

  • BUENOS AIRES, Nov 3- Argentina's tax authority said it started meetings on Monday with Proctor& Gamble Co after accusing the world's No. 1 household products maker of tax fraud, as the South American nation continues to ramp up interventions in the economy. On Sunday, Argentina accused the company of hiding income and over-billing $138 million in imports to get...

  • Argentina accuses Procter & Gamble of tax fraud Monday, 3 Nov 2014 | 6:10 AM ET
    The Procter and Gamble baby care offices stand at P&G's headquarters in Cincinnati, Ohio,.

    Argentina has accused Procter & Gamble of tax fraud and said it suspended its operations in the South American country.

  • Nov 2- Argentina has accused Procter& Gamble, the world's No. 1 household products maker, of tax fraud and said it suspended its operations in the South American country, according to a statement issued on Sunday by the country's AFIP tax authority. Argentina accused the company of over-billing $138 million in imports to get money out of the country, according to...

  • Nov 2- Argentina has accused the world's No. 1 household products maker, Procter& Gamble, of tax fraud and suspended its operations in the South American country, according to a statement issued on Sunday by the AFIP tax authority. "P&G funneled currency abroad and hid income that was subject to tax in Argentina," it said. Argentina has restrained access to foreign...

  • Clorox profit beats; demand for products rises Friday, 31 Oct 2014 | 12:51 PM ET

    U.S. cleaning products maker Clorox reported better-than-expected quarterly sales and adjusted profit, helped by strong demand for household products.

  • Oct 31- U.S. cleaning products maker Clorox Co reported better-than-expected quarterly sales and adjusted profit, helped by strong demand for its household products and price increases in international markets. Net income from continuing operations rose to $145 million, or $1.10 per share, in the first quarter ended Sept. 30, from $139 million, or $1.05 per...

  • *Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stocks closed out their best week in nearly two years on Friday, helped by earnings from Microsoft and Procter& Gamble and as concerns eased over the possible spread of Ebola in the United States. Shares of Microsoft rose 2.5 percent to $46.13, after the company reported higher-than-expected...

  • *Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stocks advanced on Friday, as earnings from Microsoft and Procter& Gamble coupled with easing concerns over the possible spread of Ebola in the United States helped put the S&P on track to snap a four-week losing skid. Microsoft was up 1.7 percent at $45.91, after it reported...