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Nestlé ready to act if Ebola spreads - CEO

Oct 23 2014 10:53

Nestlé has no plans to curb output in cocoa and coffee-rich West Africa because of Ebola, but is ready to adapt if the disease spreads, says the company's CEO.


Tesco CEO says more ways to win back shoppers

Oct 23 2014 10:30

Tesco CEO Dave Lewis says there is more it can do on prices, but it was not the only way for the embattled British supermarket to win back lost market share.


Tesco scraps outlook on accounting black hole

Oct 23 2014 09:00

Britain's biggest grocer Tesco has reported a larger than expected hole in its accounts, forcing it to scrap its full-year trading profit outlook.


Retail partnership to curb centre robberies

Oct 22 2014 17:50

Retailers and shopping centre owners and managers have formed an anti-crime collaborative forum to stem a spate of shopping centre robberies.


More belt-tightening at Coca-Cola

Oct 21 2014 18:51

US soft-drink maker Coca-Cola say it will broaden a cost-cutting plan after profits dipped 14% in the third quarter.


McDonald's quarterly profit falls 30%

Oct 21 2014 16:27

McDonald's has reported a 30% fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.


Tesco sales continue to slide

Oct 21 2014 14:30

Data shows that Tesco's sales continue to fall and analysts expect the firm to report a 6% drop in sales for its second quarter to August 23.


Reckitt Benckiser sales hurt by sluggish markets

Oct 21 2014 13:06

Sales growth at consumer goods maker Reckitt Benckiser has slowed more sharply than expected in the third quarter, hit by cooling emerging markets.


Taste broadens its jewellery division

Oct 21 2014 11:37

Taste Holdings has acquired watch and jewellery retailer Arthur Kaplan to complement its strategy for competing in the upper income consumer market.


Tesco stems sales decline

Oct 21 2014 11:15

Sales at Britain's Tesco, the leading grocer reeling from an accountancy scandal, has fallen over the last 12 weeks, industry data shows.

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Adidas shares climb on report of Reebok bid

Oct 20 2014 13:50

Shares in Adidas, the world's second largest sports apparel firm, have jumped following a report that an investor group planned a $2.2bn bid to buy Reebok.


Tesco earnings hole may be less than thought

Oct 19 2014 19:02

The world's third largest retailer, Tesco, will reportedly state next week that it overestimated earnings by less than the £250m which it previously announced.

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