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Carrefour SA

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  • SAO PAULO, Dec 17- Brazilian billionaire Abilio Diniz agreed to buy a 10 percent stake in Carrefour SA's Brazilian unit, a source with direct knowledge of the situation said on Wednesday, potentially strengthening its ability to take on the supermarket chain Diniz's father founded. Under terms of the deal, Diniz, whose Peninsula Participações holding...

  • SHANGHAI, Dec 12- It took China's biggest retail chain Suning all last year to generate sales of about $17 billion. Big retailers like Suning Commerce Group Co Ltd and foreign rivals Wal-Mart Stores Inc and Best Buy Co Inc are struggling to attract customers to their traditional stores in China, where online shopping is booming. This week, Wal-Mart said it had...

  • SHANGHAI, Aug 25- The entanglement of H.J. Heinz Co. in China's latest food scare highlights a key concern for international and local firms- how to keep track of ingredients from diverse sources in a country where food supply tracing technologies are far from the norm.

  • Early movers: GM, F, CAT, AAL, JPM, FB, T & more Thursday, 24 Jul 2014 | 8:05 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Abenomics and Modinomics: New BFFs? Sunday, 20 Jul 2014 | 6:53 PM ET
    An Indian schoolgirl hold the national flags of India and Japan.

    Cross-investment between India and Japan has been relatively small, but economic reboots via Abenomics and Modinomics may change that, Nomura said.

  • European shares close lower on Russia; ITV soars Thursday, 17 Jul 2014 | 11:57 AM ET

    European shares closed lower on Thursday, as investors shunned riskier assets due to a resurgence in concerns about Russia and sanctioning.

  • Under-fire Tesco management plead for patience Friday, 27 Jun 2014 | 7:33 AM ET

    Tesco management pleaded with shareholders to remain patient at a heated annual meeting on Friday.

  • Bernard Arnault fashions an empire out of opulence Tuesday, 29 Apr 2014 | 7:00 AM ET

    Combined a host of luxury brands into the LVMH conglomerate, along the way distilling a magic elixir of design, production, and above all marketing.

  • Tesco sees tough trading environment ahead Wednesday, 16 Apr 2014 | 3:58 AM ET
    A customer carries Tesco-branded shopping bags as she leaves one of the company's stores.

    British supermarket giant Tesco reported a dip in group sales compared to last year, highlighting the challenges it faces in the U.K. and Europe.

  • Europe's biggest retailer grows sales in Spain Thursday, 10 Apr 2014 | 2:47 AM ET

    Carrefour, Europe's biggest retailer, said underlying sales growth accelerated in the first quarter, driven by Brazil, the group's second largest market.

  • E-commerce revolution drives Europe's IPO rush Thursday, 13 Mar 2014 | 10:42 AM ET

    European retailers are flocking to list in 2014, but traditional high-street chains have been replaced by the online, discount and convenience players that are shaking up shopping.

  • European stocks closed lower on Wednesday, with investors responding to talks between the U.S. and Russia on Ukraine.

  • Carrefour says Spain turns positive in fourth quarter Thursday, 16 Jan 2014 | 3:21 AM ET

    Carrefour said sales in austerity-hit Spain returned to growth in the fourth quarter for the first time since 2008.

  • Buy these French stocks to avoid France's problems Monday, 13 Jan 2014 | 4:50 AM ET

    Investors should differentiate between companies domiciled in France, versus companies exposed to the domestic French economy, analysts warn.

  • Wal-Mart recalls donkey product in China Thursday, 2 Jan 2014 | 12:55 AM ET
    A Wal-Mart store in the Shekou district of Shenzhen, China.

    Wal-Mart Stores has recalled donkey meat sold at some outlets in China after tests showed the product contained the DNA of other animals.

  • Carrefour to buy 127 malls for $2.75 billion Monday, 16 Dec 2013 | 2:13 AM ET

    France's Carrefour is buying a portfolio of 127 shopping malls in France, Spain and Italy from real estate group Klepierre.

  • Harleys, Hogs and Hells Angels ride on Africa Thursday, 5 Dec 2013 | 9:16 AM ET

    Harleys as a status symbol appeal to an increasing number of Africans—a continent that historically relied on motorcycles for basic transportation.

  • Ikea struggles to stay true to its culture Thursday, 28 Nov 2013 | 11:35 PM ET
    The app works on Android and iOS devices.

    Despite cultural misstep that was quickly corrected, the tension between Ikea and its far-flung outposts remains. The FT reports.

  • Europeans fault American safety effort in Bangladesh Monday, 18 Nov 2013 | 10:17 PM ET
    Bangladeshi rescue workers look on at the scene following a blaze that engulfed a garment factory in Sripur on October 9, 2013.

    Tensions broke on Monday between an American and European group of retailers that formed to improve factory safety in Bangladesh. The NYT reports.

  • EU stocks close narrowly higher after debt deal Thursday, 17 Oct 2013 | 12:05 PM ET

    European equities closed narrowly higher on Thursday, with investors underwhelmed by U.S. lawmakers finally reaching a deal to lift the country's borrowing limit.