UK-based Tesco stores are celebrating Chinese New Year 2013 with bright red decorations, special food and even a traditional lion dance. Check it out in the video above, which features Georg Fischer, CEO of Tesco Malaysia and Hai Qing Lu, Corporate Affairs Director of Tesco China.

One mooncake wears a thong. Another, called the "full monty," is a bare buttocks. One other mooncake, called "spread my cheeks," is exactly what it says.

The very unconventional line of mooncakes comes from Hong Kong's cheeky design maves at lifestyle brand/retailer G.O.D. (short for "Goods of Desire") and it, according to Jingdaily.com, "puts the 'moon' in mooncakes."Continue reading...

AES to buy DPL in utility-industry consolidation.

AT&T’s first quarter is lifted by wireless growth, even after Verizon gets iPhone.

Aston Martin to sell $4.5-million car in India.

Bank of America to spin off buyout arm.

Burberry gains in China expansion.

Catalina Marketing joins the online boom in discout offers.

Deutsche Bank internal emails reveal extent of bankrolling toxic mortgages.

eBay acquires location-based ad startup WHERE.Continue reading...

McDonald's may be the first brand name that comes to mind when you think of fast food restaurants, but it is actually the restaurant empire of Yum! Brands Inc. that leads the world in QSR (quick service restaurants), with more than 37,000 outlets in over 110 countries and territories.

Yum! is better known, of course, by its brand portfolio, which includes KFC, A&W, Long John Silver's, Pizza Hut, Taco Bell, and Wing Street. The good news for Yum!, according to information the company shared at an investors meeting this week, is that it projects robust growth from areas outside North America and China through its Yum! Restaurants International division.Continue reading...

While much of the blame falls on China for producing and selling counterfeit goods, it's rampant and widespread. Despite actions taken by such luxury brands as Christian Louboutin, Louis Vuitton, and Versace, knock-offs of brand name luxury goods continue to be sold openly on street corners in major cities around the world.

Take Malaysia, for example. In Bukit Bintang, the well-known shopping district of the capital city, Kuala Lumpur, vendors at temporary stalls hawk fakes of such brands as Chanel, Burberry, and Gucci. Faux branded jackets, perfumes, wallets, watches, and other merchandise is available at a fraction of the cost of the real thing.Continue reading...