BUENOS AIRES, Nov 27- Argentina has charged HSBC with aiding more than 4,000 clients to evade taxes by stashing their money in secret Swiss bank accounts, the country's AFIP tax authority said on Thursday. AFIP said it received the information on the secret accounts from France, which last week placed HSBC's Swiss private banking arm under formal investigation...» Read More
July 30- Energizer Holdings Inc, the maker of Energizer and Eveready batteries, reported a 26 percent fall in quarterly profit as household goods sales fell nearly 11 percent due to higher competition and the loss of two key retail customers.
LONDON, July 29- Weak consumer spending and intense competition among retailers are forcing some makers of packaged goods to lower their prices, intensifying the threat of euro zone deflation.
SHANGHAI/ HONG KONG, July 29- With green-tea flavoured toothpaste and pickled plum juice, an army of Chinese retailers is tapping local tastes to whittle away market share from global rivals that are banking their future growth on the world's second-largest consumer market.
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.
*Amazon expected to expand food sales at home and abroad. BERLIN, July 8- Big retailers are taking a calculated hit to margins to invest in online grocery operations, in the hope they can persuade consumers to add more profitable items like clothes and computers to their orders of fruit and vegetables.
*Recent data suggests Ukraine, Iraq weighing on demand. BERLIN, July 4- German industrial orders fell in May for the first time in two months and more sharply than expected due to a perceived increase in geopolitical risk, the Federal Statistics Office said on Friday.
BEIJING, July 1- Foreign brands in China's consumer goods market are facing stiffer competition from domestic rivals, with about 60 percent of firms overseas losing market share last year, a private study of 40,000 households showed on Tuesday.
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.
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.
Today Show investigative correspondent Jeff Rossen ordered flowers from some of the biggest names in the business, including 1-800-Flowers, and compared the arrangements to their advertisements.
A Reuters study found that Iran's Ayatollah Khamenei controls a massive financial empire built from property seizures from ordinary Iranians.
Kasper Rorsted, Henkel CEO, provides his views on the state of the global economy and Europe's economic recovery.
Amid a slow-growth environment for US manufacturing, one American company is bucking the trend as Americans embrace juicing, which has driven sales higher.
WD-40 has been a staple in American households. Now, they aim to fix the world’s problems. "There's still lots of squeaks in China and lots of rust in Russia!" the CEO said.
The tragic Sandy Hook shooting sparked a surge in sales of an unexpected product: bullet-proof backpacks.
The stock market is risky as it is, Cramer said, adding investors should have to worry about software glitches, as well.
It might have a broken stock, but “Mad Money” host says it’s not a broken company.