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Carrefour SA

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  • SHANGHAI, March 15- Car makers, including Volkswagen AG, Nissan Motor Co and Daimler AG's Mercedes Benz, said they are probing allegations aired late on Sunday by Chinese state TV that the firms oversold repairs and spare parts to drivers. China is the world's top auto market, and media criticism can dent reputations and drag on sales. iPhone maker Apple Inc made a...

  • China consumer show targets Volkswagen, Nissan Sunday, 15 Mar 2015 | 12:38 PM ET

    SHANGHAI, March 15- Carmakers including Volkswagen AG, Nissan Motor Co Ltd and Daimler AG were scrambling late on Sunday after China's annual consumer rights day TV show said the firms oversold repairs and spare parts to drivers. China is the world's top auto market, and media criticism can dent reputations and drag on sales. iPhone maker Apple Inc made a rare...

  • Feb 17- A Russian accused of helping mastermind the largest international data breach ever prosecuted in the United States pleaded not guilty on Tuesday, following his extradition from the Netherlands, the U.S. Department of Justice said. Sixteen companies' networks were infiltrated, including those of Nasdaq OMX Group Inc, 7- Eleven, France's Carrefour SA, JC...

  • SAO PAULO, Feb 4- Any revival in initial public offerings in Brazil seems to hinge on whether new Finance Minister Joaquim Levy can clean up public finances and get the country's economy back on track. Strengthening the market for new listings depends increasingly on how much leeway President Dilma Rousseff will give the University of Chicago-trained...

  • SHANGHAI, Jan 7- U.S. food supplier OSI Group LLC, which came under fire in China last year over allegations it used out-of-date meat, has criticized the handling of the case by the local food regulator, a rare act in China where firms are usually careful not to openly challenge the authorities. The firm, which supplied international fast food chains including...

  • SHANGHAI, Jan 7- Food and drug safety in China is "grim" and will get stronger oversight, the food and drug regulator said on Wednesday, after a series of scares last year hit the reputations of global firms such as McDonald's Corp and Wal-Mart Stores Inc.. Safety scares have affected the reputations and China sales of global companies from U.S. fast-food chains...

  • 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...

  • New Tesco boss Dave Lewis must look at selling assets in Britain and abroad.

  • Europe closes off lows, Greek bond yields near 9% Thursday, 16 Oct 2014 | 11:49 AM ET

    European shares closed lower on Thursday after trimming losses, tracking U.S. markets which partially recovered after visiting correction territory.

  • Carrefour sales growth slows on southern Europe Thursday, 16 Oct 2014 | 2:10 AM ET

    Carrefour, the world's second-biggest retailer, said on Thursday that like-for-like sales growth slowed in the third quarter, reflecting low consumer sentiment in austerity-hit southern Europe, and falling fruit and vegetable prices across the region.

  • 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.