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Wal-Mart executives resign in latest set-back for U.S. retailer in China
Money & CompanyWal-Mart said Monday it was replacing the head of its operations in China, the latest set-back in the country for the giant U.S. retailer after employees were arrested and detained last week in the western city of Chongqing over a...... -
India's opening to Wal-Mart, other foreign retailers sparks outrage
World NowThe Indian Parliament adjourned in an uproar Friday over the government's decision to let large international retailers enter the country's long-protected market.... -
Carrefour falls back on doubts over emerging market retreat
ReutersPARIS (Reuters) - Carrefour shares dropped over 5 percent on Thursday, reversing gains from the day before, amid concerns the world's No. 2 retailer is pulling out of too many high-growth markets after the surprise sale of a Middle Eastern venture. The...Tags: Brazil, Malaysia, China, Emerging Market, Walmart
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Carrefour sells stake in Middle East venture for $683 million
ReutersDUBAI (Reuters) - Carrefour , Europe's largest retailer, agreed to sell its remaining 25-percent stake in a Middle East joint venture to local partner Majid Al Futtaim (MAF) for 530 million euros ($682.45 million), MAF said in a statement on Wednesday....Tags: Economy, Business and Finance, Joint Ventures, Companies and Corporations, Restructuring and Recapitalization, Credit and Debt
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Exclusive: Carrefour to divest 25 pct stake in Middle East venture - sources
ReutersDUBAI (Reuters) - Carrefour , Europe's largest retailer, is in advanced talks to divest its remaining 25-percent stake in its Middle Eastern joint venture to local partner Majid Al Futtaim (MAF), two sources familiar with the matter said. Family-owned...Tags: Joint Ventures, Restructuring and Recapitalization, Dubai (United Arab Emirates), Walmart
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Taylor Swift rocks blue mini, wins at Billboard Music Awards
Taylor Swift rocked a sparkly blue mini dress by Muhair Zurad, with cutouts across her shoulder blades, when she accepted eight awards, including artist of the year, at the Billboard Music Awards at the MGM Grand in Las Vegas on Sunday. She also wore...
Tags: Entertainment, Taylor Swift, Arrested Development (tv program) , Fort Lauderdale, Movies
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INDIA-PRESS-Walmart, Carrefour seek clarity on retail FDI norms - Hindu Business Line
ReutersMay 13 (Reuters) - () -------------- PREVIOUS ITEM: -------------- Blackstone eyes LIC's 14 pct stake in Stock Holding Corp - Economic Times () ------ Note: Reuters has not verified the story and does not vouch for its accuracy.Tags: Walmart
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China battery plant protest gives voice to rising anger over pollution
ReutersBy Jane Lee and Gabriel Wildau SHANGHAI, May 11 (Reuters) - Hundreds of protesters gathered in the Chinese financial hub of Shanghai on Saturday to oppose plans for a lithium battery factory, highlighting growing social tension over pollution. Police...Tags: Plant Openings, Government, National Government, Shanghai (China), Politics
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INTERVIEW-Colony Capital ups its French bets, sees Hollande shift
ReutersBy Christian Plumb and Dominique Vidalon May 3 (Reuters) - Colony Capital, the $27 billion U.S. investment fund attracting controversy in France over its involvement in Carrefour and Accor, will invest up to 1.5 billion euros in Europe on a bet the...Tags: Economy, Business and Finance, Corporate Officers, Bernard Arnault, Expedia Incorporated, France
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Farms in focus at Agricultural Salon in Paris
PARIS (AP) - Stung by Europe's growing horse meat scandal, French farmers and food industry officials were recently flocking to Paris to show off their wares and defend the reputation of the Western world's culinary heartland. Paris' yearly Agricultural...Tags: Lasagna, Consumers, European Union, Paris (France), New York City
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112 killed in fire at Bangladesh garment factory
DHAKA, Bangladesh (AP) — At least 112 people were killed in a fire that raced through a multi-story garment factory just outside of Bangladesh's capital, an official said Sunday. The blaze broke out at the seven-story factory operated by Tazreen...
Tags: Clothing and Textiles Industry, Dhaka (Bangladesh), JC Penney Company Inc., Bangladesh, Tesco plc
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Wal-Mart under fire, accused of paying bribes in Mexico; Executives could face U.S. prison terms
MEXICO CITY (AP) — Claims that U.S. retail giant Wal-Mart used payoffs to speed zoning and other permits in its break-neck Mexican expansion is sparking soul-searching in Mexico, where crowded government offices are the working grounds of shadowy...
Tags: The Associated Press, Mexico City, Punishment, Bribery, Corporate Crime
Oct 17, 2011
| Los Angeles Times
Nov 25, 2011
| Los Angeles Times
May 23, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
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May 20, 2013
|Story| Los Angeles Times
May 12, 2013
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May 11, 2013
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May 3, 2013
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Mar 8, 2013
|Story| Aberdeen News
Nov 25, 2012
|Story| AP Broadcast
Apr 24, 2012
|Story| Petoskey News
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