Cross-investment between India and Japan has been relatively small, but economic reboots via Abenomics and Modinomics may change that, Nomura said.» Read More
**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.
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.
MUMBAI, March 20- Billionaire Mukesh Ambani's Reliance Retail is poised to perform a rare feat in India's notoriously complex retail market by finally turning a profit.
SHANGHAI, March 16- Japan's Nikon Corp has moved to allay consumer fears in China after being criticised on a closely watched consumer show that said the camera maker had sold defective products in China and denied local consumers fair treatment in aftersales service.
SAO PAULO, March 13- France's Carrefour SA could raise as much as 5 billion reais from the sale of a stake in its Brazilian unit, one source with direct knowledge of the situation said, with potential bidders including Brazilian tycoon Abilio Diniz and a sovereign wealth fund.
European retailers are flocking to list in 2014, but traditional high-street chains have been replaced by the online, discount and convenience players that are shaking up shopping.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.