Some of the names on the move ahead of the open.» Read More
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.
**Pilgrim's Pride Corp, the second largest U.S. chicken processor, raised its offer for Hillshire Brands Co, escalating a bidding war with Tyson Foods Inc for the maker of Jimmy Dean sausages. **Germany's Siemens said on Tuesday it called off the sale of its baggage handling and postal automation business.
Combined a host of luxury brands into the LVMH conglomerate, along the way distilling a magic elixir of design, production, and above all marketing.
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.
Carrefour, Europe's biggest retailer, said underlying sales growth accelerated in the first quarter, driven by Brazil, the group's second largest market.
European retailers are flocking to list in 2014, but traditional high-street chains have been replaced by the online, discount and convenience players that are shaking up shopping.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 said sales in austerity-hit Spain returned to growth in the fourth quarter for the first time since 2008.
Investors should differentiate between companies domiciled in France, versus companies exposed to the domestic French economy, analysts warn.
Wal-Mart Stores has recalled donkey meat sold at some outlets in China after tests showed the product contained the DNA of other animals.
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.