The Stoxx Europe Personal and Household goods sector was down 1.3 percent, the biggest sectoral faller, as other luxury firms with China exposure such as Richemont, Burberry and Kering also suffered. French companies Danone and Lafarge were both in negative territory after missing consensus forecasts.» Read More
Under Chief Executive Frans van Houten, the Dutch company- which started out 120 years ago as a pioneer in electric lighting- has been shifting away from the consumer electronics sector in a restructuring which has involved more than 5,000 job cuts and the sale of its television business.
*Logista value could be circa 1.1 bln stg- analyst. LONDON, June 10- Imperial Tobacco Group plans to list its European logistics division Logista on the Spanish stock market, the British company said on Tuesday.
BERLIN/ BRUSSELS, June 5- Soaring euro zone retail sales and a rebound in German industrial orders on Thursday offered a sign that a fragile economic recovery which has yet to reach many European households may be gaining momentum. That suggests output in Europe's largest economy will pick up in the coming months.
BURGHAUSEN, Germany/ GEISMAR, Louisiana, June 2- Nestled in the green hills of southern Germany, chemical giant Wacker Chemie churns out a wide range of products, from an ingredient for chewing gum to the polysilicon crystals in solar cells.
Washington- based market research company Osterman Research expects the global file synchronization and sharing market to double to about $80 billion by 2017. Eighty to 90 percent of this revenue will come from business.
SHANGHAI/ TEL AVIV May 22- China's Bright Food Group Co Ltd has struck a deal to buy control of Israel's largest food company, gaining new products and technology as it chases rivals that have overtaken it in China's fast-growing cheese and dairy markets.
*Indonesia ban akin to cut-off of Saudi supplies in oil. LONDON/ SINGAPORE, May 14- Nickel is likely to see a deeper retreat than Wednesday's 5 percent fall, but it is also due to bounce back as long as top exporter Indonesia keeps squeezing supply and stainless steel producers can absorb higher prices.
*Results from SocGen, Carlsberg show Ukraine crisis has started to hit. LONDON, May 7- European stocks edged lower on Wednesday, as a selloff on Wall Street unsettled investors and results from brewer Carlsberg and bank Societe Generale showed the Ukraine crisis was starting to hurt large western companies.
Bayer will acquire the consumer care business of U.S.-based Merck & Co for $14.2 billion in cash, the company said in a statement Tuesday.
The debate over the scale of disinflation in Europe has dominated major currency markets this week, and lower than expected April price growth of 0.7 percent initially sent the euro to a three-week low against the dollar.
LONDON, April 30- The euro trod water in early European trade on Wednesday with all eyes on euro zone inflation numbers due later, while offshore rates for China's yuan fell again, taking it to an 18- month low against the dollar.
BRUSSELS, April 30- Belgian diaper maker Ontex is set to list on the Brussels stock exchange, with the group's private equity owners planning to sell about half of the company, Belgian business daily De Tijd reported on Wednesday.
LONDON, April 24- Consumer goods giant Unilever opened its first European tea shop in London on Thursday, aiming to cash in on the growing appeal of unusual and luxury cuppas and ignite fresh enthusiasm for the national drink.
LONDON, April 23- The loud welcome given by investors to this week's deal for Novartis and GlaxoSmithKline to trade more than $20 billion of assets could trigger more pacts in the pharmaceuticals sector and beyond.
April 23- Procter& Gamble Co, the world's largest household products maker, reported a higher quarterly profit on Wednesday, helped by cost cutting and stronger sales of items like detergent and air freshener.
April 23- Procter& Gamble Co, the world's largest household products maker, reported a higher quarterly profit on Wednesday, helped by an increase in sales of its home care products. Sales were unchanged at $20.6 billion.
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.
April 18- Procter& Gamble Co is planning to offer a new kind of razor, with a swiveling ball hinge and a pricey tag, to move forward with its strategy to push premium products, according to the Wall Street Journal on Friday. The company's Chief Financial Officer Jon Moeller had in January blamed a movement by the Movember Foundation for weak razor sales.
PARIS, April 15- Privately owned luxury group Labelux has hired Bank of America Merrill Lynch to advise it on a possible London market flotation of Jimmy Choo this autumn that could value the upmarket shoemaker at over 900 million pounds, industry and financial sources said.
April 10- Family Dollar Stores Inc, seeking to reverse declining sales and profit, said on Thursday it is slashing prices to win shoppers, cutting jobs, and shutting hundreds of stores. Family Dollar Chief Executive Howard Levine, on a call with investors, pointed to "a more financially constrained consumer," echoing recent comments from rivals.