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Target needs tougher talk on paying less

Author: Admin on Thu Jul 24 19:07:35 PDT 2008
By Nicole Maestri NEW YORK, July 24 (Reuters) - For the past few years Target Corp has focused on the first half of its "Expect More. Pay Less" tagline to lure consumers with the promise...

Luxury Begins at Home for Consumers

Author: Admin on Thu Jul 24 18:57:14 PDT 2008
Domestic buyers have outnumbered overseas investors as dominant consumers of Shanghai's luxury apartments, figures showed Thursday ...

Fund sales keep lid on raw sugar

Author: Admin on Thu Jul 24 18:34:04 PDT 2008
* Trade physical demand for sugar underpins * Weak pound supports London cocoa market By David Brough and Nigel Hunt LONDON, July 24 (Reuters) - Fund selling capped sugar futures on Thursday but...

New Glaxo strategy will take years to deliver

Author: Admin on Thu Jul 24 18:31:35 PDT 2008
By Ben Hirschler LONDON, July 24 (Reuters) - Plans by GlaxoSmithKline Plc to revamp drug research, diversify the company and sell cheap branded generics in emerging markets may align the group for a...

Renault H1 profit margin rises, above forecasts

Author: Admin on Thu Jul 24 02:49:23 PDT 2008
BOULOGNE-BILLANCOURT, France, July 24 (Reuters) - French carmaker Renault on Thursday reported a better than expected first half operating profit margin of 4.1 percent and held on to its margin...

Wal-Mart Samurais show Japan investor demand solid

Author: Admin on Thu Jul 24 02:15:47 PDT 2008
By Rika Otsuka TOKYO, July 24 (Reuters) - Wal-Mart Stores Inc sold 100 billion yen ($926.5 million) in Samurai bonds on Thursday, underscoring robust demand among Japanese investors for U.S....

Centam Coffee-Gourmet coffee eats into Panama forest

Author: Admin on Thu Jul 24 01:07:18 PDT 2008
By Andrew Beatty PANAMA CITY, July 23 (Reuters) - Panama's gourmet coffees fetch record prices for their prized flavors but the strong demand is convincing some growers to clear land illegally and...

Toyota April-June global sales up 1.8%

Author: Admin on Wed Jul 23 03:13:29 PDT 2008
(Adds background) TOKYO, July 23 (Reuters) - Toyota Motor Corp said on Wednesday its global sales for the April-June quarter rose 1.8 percent to 2,406,583 vehicles, likely keeping it ahead of General...

Volvo Q2 pretax tops forecast, eyes Europe slowdown

Author: Admin on Wed Jul 23 03:02:01 PDT 2008
(Adds analyst comment, share price) By Niklas Pollard and Victoria Klesty STOCKHOLM, July 23 (Reuters) - World number two truck maker Volvo posted a bigger-than-expected rise in quarterly pretax...

Consumer price rises slow in Vietnam cities

Author: Admin on Tue Jul 22 18:39:36 PDT 2008
HANOI, July 22 (Reuters) - Consumer prices in Vietnam's biggest cities are rising at a slower pace this month than in June, and that could result in the country's overall inflation also dropping in...

Tobacco sales lift Japan convenience stores

Author: Admin on Tue Jul 22 00:05:49 PDT 2008
By Taiga Uranaka TOKYO, July 22 (Reuters) - Japan's major convenience store chains are set to post double-digit sales growth in July, a welcome boost after years of weak revenue, as cigarette smokers...

Oil back at $130 on Dolly; grains hammered more

Author: Admin on Mon Jul 21 18:55:42 PDT 2008
* Oil up on concerns about storm Dolly * Gold, copper rise on weaker dollar * Grains see further downside from favorable crop weather By Barani Krishnan NEW YORK, July 21 (Reuters) - Fears that...

Soft commods snooze as demand jitters weigh

Author: Admin on Mon Jul 21 18:55:17 PDT 2008
* Sugar, coffee settle little changed * Cocoa staged modest rebound from last week's losses * Concern about economic slowdown weighed on sugar, coffee (Adds dateline and byline. Writes through with...

EU retailers slam "ridiculous" duty on green lamps

Author: Admin on Mon Jul 21 03:18:08 PDT 2008
BRUSSELS, July 21 (Reuters) - Europe's top retailers urged the European Union to axe its "ridiculous" anti-dumping tariffs on Chinese-made energy-saving lightbulbs on Monday, saying they...

Chrysler unit borrowing costs could rise

Author: Admin on Mon Jul 21 01:21:51 PDT 2008
(Recasts, adds details, background, byline) By Megan Davies NEW YORK, July 20 (Reuters) - Chrysler LLC's financing arm could see its borrowing costs rise amid the continuing credit market turmoil, as...

Golden Eagle eyes 30% annual profit growth

Author: Admin on Mon Jul 21 00:19:52 PDT 2008
HONG KONG, July 21 (Reuters) - Golden Eagle, a top China department store chain, expects annual net profit to grow by 30 percent over the long term and is shopping for major acquisitions as it...

Australia's Foster's names acting CEO

Author: Admin on Sun Jul 20 18:31:37 PDT 2008
(Adds details) SYDNEY, July 21 (Reuters) - Foster's Group Ltd <FGL.AX>, Australia's biggest brewer, said it had appointed non-executive director Ian Johnston as acting chief executive officer...

Delhaize warns on slumping confidence

Author: Admin on Fri Jul 18 02:59:54 PDT 2008
By Alexandra Hudson AMSTERDAM, July 18 (Reuters) - Belgian supermarket group Delhaize slashed its 2008 outlook on Friday, joining the ranks of retailers worried about consumer belt-tightening in the...

Shanghai luxury market likely to grow

Author: Admin on Fri Jul 18 02:12:27 PDT 2008
Despite a slowing market, luxury home prices in Shanghai are likely to remain stable or grow in the second half of this year mainly due to the scarcity of land downtown ...

U.S. approves Pernod's purchase of Absolut maker

Author: Admin on Thu Jul 17 20:28:21 PDT 2008
WASHINGTON, July 17 (Reuters) - Pernod Ricard <PERP.PA> of France won approval to buy Vin and Spirit, which makes Absolut vodka, the Federal Trade Commission said on Thursday. Pernod Ricard...

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