European stocks closed lower on Wednesday, with investors responding to talks between the U.S. and Russia on Ukraine.» Read More
France's Carrefour is buying a portfolio of 127 shopping malls in France, Spain and Italy from real estate group Klepierre.
Harleys as a status symbol appeal to an increasing number of Africans—a continent that historically relied on motorcycles for basic transportation.
Despite cultural misstep that was quickly corrected, the tension between Ikea and its far-flung outposts remains. The FT reports.
Tensions broke on Monday between an American and European group of retailers that formed to improve factory safety in Bangladesh. The NYT reports.
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.
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.
U.S. prosecutors said Thursday they have launched the country's largest hacking fraud case and charged six men with credit card theft.
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.
EDF Chief Executive Henri Proglio is expected to step down from French utility Veolia's board, French daily Les Echos reported. Europe's car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.