Posted by Stephanie Startz on September 25, 2009 09:17 AM
Unilever will purchase Sara Lee's personal-care and European detergent unit for 1.28 billion euros. [Bloomberg
Burberry introduces lower-priced items to US department stores, including a $600 trench coat and $150 boots. [Bloomberg]
HSBC will move its chief executive to Hong Kong. [Times of London]
Bill Clinton praises Wal-Mart, "hardly a left-wing corporation," for green conversion that increased profits. [NPR]
Chinese automaker Geely's $2.5 billion bid to acquire Volvo from Ford moves ahead. [WSJ]
Barclays in talks to purchase retail banking assets in Portugal from Citigroup. [WSJ]
(More headlines: John Lewis sales up, Twitter marketing, Nokia's Brazil woes.) Continue reading...
Posted by Stephanie Startz on September 24, 2009 09:06 AM
Ford introduces the Figo in India, as the car company looks to the Asia-Pacific region for growth. [NY Times]
Pittsburgh hopes the G-20 meeting will boost the city's ailing economy, image. [NY Times]
Cadbury moves closer to accepting Kraft takeover but raises a potential counteroffer from Nestle and Hershey's. [Times of London]
Citigroup will narrow their US branch network to six major cities. [WSJ]
Hilton Hotels announces new identity, name and logo: Hilton Worldwide. [BrandWeek]
HP rebrands EDS as HP Enterprise Services, a year after purchasing the technology services company. [WaPo]
(More headlines: Waitrose, JJB Sports losses, UPS, social media.)Continue reading...