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Carrefour said sales at its French hypermarkets returned to growth in the third quarter while China also improved, further reassuring investors.
U.K. supermarket giant Tesco launched its attempt to tap into the tablet computer market and boost its online shopping and download services Monday when it unveiled its £119 ($190.95) "Hudl".
European shares closed higher on Thursday, with investor sentiment boosted by earnings reports and the news that the U.S. economy accelerated more quickly than expected in the second quarter.
NEWARK, N.J./ BOSTON, July 25- Federal prosecutors said on Thursday they have charged five men responsible for a hacking and credit card fraud spree that cost companies more $300 million and two of the suspects are in custody, in the biggest cyber crime case filed in U.S. history.
U.S. prosecutors said Thursday they have launched the country's largest hacking fraud case and charged six men with credit card theft.
NEWARK, N.J./ BOSTON, July 25- U.S. prosecutors charged six foreign nationals with hacking crimes, including credit and debit card thefts that authorities say cost U.S. and European companies more than $300 million in losses, and charged one of them with breaching Nasdaq computers.
NEWARK, N.J./ BOSTON, July 25- U.S. prosecutors have charged five foreign nationals with payment card theft resulting in more than $300 million in losses for companies in the U.S. and in Europe in what they described as the country's largest hacking fraud case in history.
NEWARK, New Jersey, July 25- The United States on Thursday named major corporations including Nasdaq OMX Group Inc, Carrefour SA, J.C. Penney Co Inc, Visa Inc and MasterCard Inc as among the victims of what federal prosecutors said is the largest hacking and data breach case prosecuted in the nation.
MUMBAI, July 8- Wal-Mart's India expansion is stalled. When India announced last September that it would allow foreign supermarket chains to take majority ownership of their Indian operations, it marked a victory for Wal-Mart Stores Inc, which had spearheaded efforts to open the market and said its first retail store would open within two years.
*Wal-Mart has not opened new India wholesale outlet since October. MUMBAI, June 26- Wal-Mart Stores Inc, hit by a series of setbacks in its efforts to crack the promising but restrictive India market, said its country head had left the company. Wal-Mart, which has run wholesale stores in India since 2009, lobbied for nearly six years to enter the retail segment.
Tesco, the world's third-biggest retailer, slipped back to an underlying sales decline in the U.K. in the first quarter, raising doubts about a costly recovery plan for its home market.
McDonald's will give away more than a million breakfast McMuffins across China on Monday, a few days after Chinese state television airs its annual expose on corporate malpractice to mark World Consumer Rights Day.
Carrefour, Europe's biggest retailer, said it would boost capital spending this year to revive its struggling hypermarkets after 2012 profits fell 2.6 percent, depressed by falling demand in recession-hit Spain and Italy.
Six big French retailers said on Sunday they were recalling lasagna meals and other products suspected of being mislabeled after the discovery of horsemeat in beef products.
European shares slipped on Friday as disappointing economic data in the UK and U.S. dampened sentiment.
European shares closed higher on Thursday afternoon after stronger-than-expected U.S. jobs data.
Carrefour, Europe's biggest retailer, said fourth-quarter like-for-like sales rose 0.4 percent, reflecting further signs of improvement in its core French market but still difficult trading conditions in austerity-hit Spain and Italy.
Foreign retail companies could soon be free to move onto Indian soil after parliament voted to allow foreign direct investment in a fiercely contested debate on Wednesday evening.
PARIS, Oct 11- Carrefour SA:.
PARIS-- Big box retailer Carrefour SA says revenue was up modestly in third quarter, driven by strong sales in its convenience stores and booming regions like Asia and Latin America. Recessions in Spain and Italy weighed on the company's performance in Europe, where sales slipped 2.2 percent.