NEW YORK: Revlon is buying Colomer Group, which sells hair dye and other products to beauty salons, for about $660 million, saying the deal will help it reach new salon customers and could cut costs.
August 06, 2013
BMW to recall over 143,000 vehicles in China
SHANGHAI: BMW's China joint venture will recall 143,215 vehicles due to a problem related to their electric power steering system, the country's quality watchdog said on Monday.
August 05, 2013
EasyGroup to launch budget supermarket in Britain
EasyGroup Chairman Stelios Haji-Ioannou said on Sunday he planned to open a low-cost food retail business in Britain, easyFoodstore, aimed at undercutting prices at German discount grocers Aldi and Lidl.
August 04, 2013
Dell battle nears end after $350m cash increase
Personal computer tycoon Michael Dell is nearing victory in his battle to take private the company he founded three decades ago, after increasing his cash offer by at least $350m (£229m).
August 03, 2013
Phone company ordered to pay Calif. $24.4M in fees
LOS ANGELES (AP) -- A phone company owned by the world's richest man, Mexican billionaire Carlos Slim, has been ordered by the state's public utility regulator to pay California $24.4 million in unpaid fees and interest.
August 02, 2013
Energy companies to be at September oil conference in Libya
TRIPOLI, Libya, Aug. 2 (UPI) -- Delegates from national and multinational energy companies will address Libyan oil production at a September energy forum in Tripoli, the event organizer said.
August 01, 2013
Facebook shares soar 40% in a week on mobile ad revenue increase
Wall Street likes Facebook again. Shares in the social network todayreturned to their flotation price briefly for the first time since its disastrous initial public offering last year.
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