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VIENNA, June 6- The central and eastern European banking empire that Herbert Stepic forged at Austrian lender Raiffeisen may be the casualty of a power struggle at the group exposed by his sudden exit.
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VIENNA, June 6- The central and eastern European banking empire that Herbert Stepic forged at Austrian lender Raiffeisen may be the casualty of a power struggle at the group exposed by his sudden exit.
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June 5- Procter& Gamble Co, the world's largest household products maker, on Wednesday announced a reorganization amid speculation by analysts that the heads of its new units are in the running to replace CEO A.G. Lafley.
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NEW YORK, May 24- The S&P 500 declined for a third day on Friday, with the three major U.S. stock indexes posting their first negative week since mid-April on lingering concern that the U.S. central bank may scale back its stimulus measures to support the economy.
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NEW YORK, May 24- U.S. stocks mostly declined for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering concern that the U.S. central bank may scale back its stimulus measures to support the economy. The Dow edged into positive territory by late afternoon trading, buoyed by a 4 percent gain in Procter& Gamble.
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NEW YORK, May 24- U.S. stocks fell for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering concern the U.S. central bank may scale back its stimulus measures to support the economy.
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NEW YORK, May 24- U.S. stocks fell for a third day on Friday, putting indexes on track for their first negative week since mid-April, on lingering concern the U.S. central bank may scale back its support to the economy.
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*Durable goods orders rise more than expected. NEW YORK, May 24- U.S. stocks fell for a third day on Friday amid lingering concern the U.S. central bank may scale back its support to the economy.
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NEW YORK, May 24- U.S. stocks were set to open lower on Friday, setting up Wall Street for its first weekly decline since mid April, amid concern the U.S. central bank may scale back its support to the economy.
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NEW YORK, May 24- U.S. stock index futures fell on Friday, setting up Wall Street for its first weekly decline since mid April, amid concern the central bank may scale back its support to the economy.
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May 24- Procter& Gamble Co will pay A.G. Lafley, the former chief executive it brought back on Thursday to run the world's largest household products maker, a base salary of $2 million a year, it said in a regulatory filing on Friday. Lafley, who was CEO 2000 to 2009, on Thursday replaced his successor, Bob McDonald, and was also named chairman and president.
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May 23- Procter& Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald in the roles of chairman, president and chief executive officer effective immediately. Its fiscal year ends on June 30. McDonald, 59, is set to retire on June 30, after 33 years at P&G.
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Inbound M&A into India totals $9.86 billion this year, the highest in Asia, Thomson Reuters data shows, pointing to growing confidence among overseas firms in the potential of a 1.2 billion-strong consumer market. "India as a country is under-consumed. In 2012, foreign direct investment into India dipped about 7 percent to $29.3 billion.
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May 9- Canadian Tire Corp, best-known for its namesake automotive and homeware stores, said it plans to create a C $3.5 billion real estate investment trust through an initial public offering in the fall of 2013..
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May 9- Canadian Tire Corp, best-known for its namesake automotive and homeware stores, said it plans to create a C $3.5 billion real estate investment trust through an initial public offering in the fall of 2013.. Canadian Tire- owned properties currently occupy about 25 million square feet across Canada.
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The Israel- based company, which has submitted a bid with two partners to build a semiconductor plant in India, also said on Thursday it had been advised a decision would be made by the government in the next few weeks.
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*Change comes as Diageo seeks emerging markets expansion. LONDON, May 7- Diageo reshuffled its management on Tuesday, with a company insider becoming the boss of the world's biggest spirits firm, suggesting there will be no signficant change in strategy.
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May 6- World Kitchen, which makes and distributes popular kitchen and housewares products under brands including Pyrex, Corelle and CorningWare, is exploring a sale of the company, according to three sources familiar with the matter. After being spun off from Corning, World Kitchen was acquired by Borden for about $600 million, according to reports at the time.
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MUMBAI/ LONDON, April 30- Unilever plans to pay up to $5.4 billion to raise its stake in its Indian subsidiary, making its biggest deal in 13 years a huge bet on the strength of demand for personal care and food products in Asia's third-largest economy.
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MUMBAI, April 29- Hindustan Unilever Ltd will intensify a price war against lesser-known detergent and skincare brands this year as it seeks to win back India's increasingly thrifty shoppers and reverse four consecutive quarters of slowing sales.
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