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Analysis: Axe Hangs over Carrefour Revamp Plan, CEO

A customer walks past a Carrefour outlet in Kuala Lumpur
Carrefour, the world's second-biggest retailer, must slash prices, build more convenience stores and attract online shoppers as dire economic times make the current CEO's hypermarket revival plan increasingly obsolete.
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Danone Q3 growth slows, confident for 2012

French food group Danone SA said softening commodity prices, robust growth in emerging markets and the expected benefits from the acquisition of Unimilk in Russia made it confident for 2012.
Cosmetics company L'Oreal chief executive Jean-Paul Agon, Liliane Bettencourt, heiress to the L'Oreal fortune and her daughter Francoise Bettencourt Meyers arrive for L'Oreal-UNESCO prize for women in Paris

French Judge Gives L'Oreal Heiress's Daughter Control

L'Oreal heiress Liliane Bettencourt's daughter won control over her 88-year-old mother's business affairs Monday almost two years after she first asked to take over on the grounds her mother had been exploited.
Best U.S. Small Towns

Best Small Town in U.S. - Louisville, Colorado: Survey

What do the best U.S. small towns to live in have in common? They all have low crime rates, good schools, and plenty of cultural activities, according to the latest small town survey by Money Magazine, which boasts that it has uncovered some hidden gems.
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Nestle ups outlook as price hikes offset higher costs

The world's biggest food group Nestle raised its full-year outlook on Wednesday after strong demand for its Maggi and Nescafe brands in emerging markets helped it post a forecast-beating 7.5 percent rise in underlying first-half sales.
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Nestle ups outlook after H1 beats forecasts

The world's biggest food group Nestle raised its full-year outlook after strong demand for its Maggi and Nescafe brands in emerging markets helped it post a forecast-beating 7.5 percent rise in underlying first-half sales.
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Nestle stake in kiwi product maker to boost

Food giant Nestle is taking a minority stake in a New Zealand maker of kiwi fruit-based products to prevent and treat constipation, expanding its presence in the field of gastrointestinal diseases.
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Nestle in talks with Chinese sweet maker

Nestle , the world's largest food company, is among companies in talks with Chinese candies and pastries group Hsu Fu Chi International on a deal that could be worth over $2 billion.
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Nestle says upward trend in raw materials to persist

Nestle , the world's largest food group, expects the upward trend in raw material prices to persist, and its global operations provide a natural hedge against the strength of the Swiss franc, its chief executive said on Saturday.
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Nestle chairman wants to stay until 2017: paper

Nestle's chairman hopes to stay on the board until 2017 and reiterated that the food producer has until 2014 to decide on its stake in French cosmetics company L'Oreal , a paper reported on Sunday.
Traders work on the floor of the New York Stock Exchange

World Market Update 22/03/2011

U.S. stocks surged on Monday as sentiment was buoyed after Japan made progress in its battle to control radiation leaks at a crippled plant, and AT&T announced that it will buy T-Mobile USA from German company Deutsche Telekom to create the largest mobile provider in the United States.

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