A $12 billion for a majority stake in Flipkart would be Walmart’s biggest acquisition everAfter all, e-commerce is expected to grow explosively in India, and it's a market Amazon.com has not yet dominated.
Walmart sheds its grow-everywhere plan in refining strategyWalmart is pursuing faster-growth markets overseas, including China and India, while battling e-commerce giant Amazon.com Inc. in its core ...
Black Friday: UK retailers feel the pinch as shoppers go onlineThis is in stark contrast to the incident two years ago, when fights broke out as consumers sought to snag cut price TVs. But retailers and...
What now? Brexit win sets stage for two years of bitter talksSecuring a comprehensive free-trade deal that keeps that flow moving in both directions without tariffs will be manufacturers’ top priority.
What now? Brexit win sets stage for two years of bitter talksBritish voters have opted to walk out on the European Union, setting up at least two years of bitter talks. Here’s a road map of what’s to ...
How Alibaba made Singles’ day in China a massive consumer phenomenonSingles’ Day is celebrated on November 11 because the date — 11/11 — is reminiscent of “bare branches,” the Chinese expression for bachelor...
Wm Morrisons expected to soften profit blow with property saleWm Morrison is expected to report its lowest annual profit in 5 yrs on Thursday & could also detail plans to sell about 10% of its freehold...
No plans to open retail stores in India: J Sainsbury's plcSharma had said that global retailers, including Tesco and Sainsbury's, have expressed interest in setting up of multi-brand retail stores.
Retailers like Wal-Mart, Tesco & others ship food waste to power plants for electricity generationBioenergy can provide at least 8% of the UK's demand by 2020, valued at about $13 billion at today's oil prices, the government forecasts.
- UK watchdog probes alleged price fixing at supermarkets
Britain’s competition watchdog is investigating allegations of price fixing at the country’s largest supermarkets, a newspaper reported.
- Qatar buys Credit Suisse shares; lines up $15 billion spend
Qatar is buying shares in Credit Suisse and plans to spend as much as $15 billion on European and US bank stocks over the next year.
- Qataris cancel Sainsbury takeover bid
Qatari investment fund Delta Two on Monday terminated a takeover bid for British supermarket group J Sainsbury worth 10.6 billion pounds (1...
- Terra Firma raises Boots bid to $21.8b
Guy Hands’s Terra Firma Capital Partners raised its bid for Alliance Boots, the UK’s largest drugstore chain, to about $21.8 billion to tru...
- Tesco year profit tops 2.5 bln stg, ups cash return
Britain's biggest retailer said on Tuesday it expected to return at least 3 billion pounds to investors, up from 1.5 billion previously.
- CVC drops plan to bid for UK's Sainsbury
CVC Capital Partners ditched its plans to bid for Britain’s J Sainsbury on Wednesday, ending a nearly 10-week battle that pitted private eq...
- Sainsbury turns down CVC offer
Shares in Sainsbury, Britain’s third-biggest supermarket group, fell more than 5% on speculation that CVC would be unable to raise the bid ...
- Anxiety simmers about financial ‘Krakatoa’
It is something of a truism to say that investors are worried - they nearly always are. But with the global asset rally racing close to ent...