Search This Blog

August 14, 2013

Domino's Pizza takes 75% stake in Japan business

SYDNEY: Australia's Domino's Pizza Enterprises said on Tuesday it is expanding into Asia, taking a 75 per cent stake in the fast-food brand's Japanese business for 12 billion yen (US $123.4 million).

August 13, 2013

Blackberry forms committee to explore possible sale

Smartphone maker Blackberry is exploring options for its business, which could see the company sold off. Timothy Dattels, a Blackberry board member, will head a new committee that will consider different business models, including partnerships.

August 12, 2013

Nestle sees slowing sales growth in price-conscious Europe

Nestle, the world's biggest consumer food group, says sales and profits are being held back by weak demand in Europe.

August 11, 2013

Tesco in talks with China Resources Enterprise

China Resources Enterprise (CRE) is in talks with the UK retailer Tesco about merging their hypermarkets and supermarkets in China.

August 10, 2013

Samsung Group units to wholly-own Germany's Novaled AG

SEOUL: Samsung Electronics Co Ltd and affiliate Cheil Industries Inc will acquire a 90 percent stake in Germany's Novaled AG for 311 billion won ($279.42 million), Cheil said on Friday.

August 09, 2013

Toyota just keeps roaring back

General Motors (GM, Fortune 500), Ford (F, Fortune 500), and Chrysler have been gaining ground from competitors, posting solid profits, and winning historic praise for the quality and drivability of their products.

August 08, 2013

McDonald's ties nine out of 10 workers to zero-hours contracts

McDonald's has emerged as potentially the biggest zero-hours employer in the private sector after admitting that it employs 90% of its entire workforce in Britain, or 82,800 staff, on the controversial terms.