Tesco Plc, the troubled British grocery leader, abandoned the sale of its data analytics unit Dunnhumby, raising concern that the company will need to resort to a capital increase to reduce its 21.9 billion-pound ($33 billion) pile of debt.
Jan du Plessis, chairman of SABMiller, only needed a few hours on Wednesday to turn down a �65bn offer for the brewer from Anheuser-Busch InBev, the Belgian-Brazilian producer of Budweiser beer.
Doubts are building about whether American Apparel can stay in the U.S. - and in Los Angeles. Even after the company filed for Chapter 11 bankruptcy protection Monday, American Apparel Chief Executive Paula Schneider said management had no plans ...
We can all agree there's way too much room in the cabin these days, right? Here's an idea: Let's stack passengers on top of each other in some bizarre sardine-Tetris hybrid.
Diageo has struck a three-part deal with Dutch brewer Heineken to swap assets in emerging markets that will strengthen the FTSE 100 company's grip on Africa and see it book a �440m profit.