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...

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...