Danone (DANO.PA) and Unimilk (KUNMI.RTS) plan to merge their fresh dairy businesses in Russia, Ukraine, Kazakhstan and Belarus as the French food group seeks to expand its core division in growth markets.
Leading bank executives held lengthy discussions behind closed doors at the World Economic Forum on Thursday to try to prepare their negotiating stance for talks with government officials, amid rising political pressure for beefed-up financial regulation.
Advanced and emerging economies have a shared responsibility for narrowing imbalances in global growth that could threaten the world’s economic rebound, Bank of Canada Governor Mark Carney says.
BP Chief Executive Tony Hayward heads to Congress on Thursday, where he will personally apologize in the hope of easing lawmakers’ anger over the massive oil leak that is pouring millions of barrels of oil into the Gulf of Mexico.
General Motors has withdrawn a request for a handful of European countries to give it financial aid to help restructure its European subsidiary Opel. GM also said that no further layoffs at Opel were on the cards.
Spanish banking giant Banco Santander SA (STD: 11, 0, 0%) has no liquidity problems, Vice Chairman Matias Rodriguez Inciarte said Thursday.
The Amazonian rainforest, known as the "world´s lung," is hurtling towards destruction. Soya farms, infrastructure projects and new settlements are encroaching on the forest. Almost half of Brazil´s greenhouse gases can be traced back to deforestation.
Google is developing technology that could position it to compete with a new breed of digital media companies that are generating story ideas for the internet by mining online search data for under-covered topics.
Crystallex International Corp. says it is back in the picture in Venezuela.
Brazil is on fire these days, and it’s not just on the soccer pitch.
Shanikwa Bush, 18, said she has seen friends killed and incarcerated. She has watched her eight younger siblings grow up in neighborhoods plagued by gangs and guns.
A government-commissioned report has called for Britain´s drink-driving laws to be toughened to a level that would put some people over the limit after one drink.
Mandatory minimum sentences are too high, restitution for crime victims should be available in all cases, and judge-specific data on sentencing should not be reported, according to a survey of more than 600 federal trial judges.
Move lifts retirement age to 62 from 60 as government looks to balance pension accounts by 2018
US President Barack Obama is due to meet BP executives after vowing to make the oil company pay for the Gulf of Mexico oil spill.
Federal regulators are considering a snack attack on America´s airlines that would restrict or even completely ban serving peanuts on commercial flights.
Australia will take out its own sanctions against Iran as it seeks to help curb the regime´s nuclear program.
The U.S. Supreme Court on Monday sympathized with a Florida death row inmate whose lawyer missed a deadline for his habeas appeal and failed to communicate with him for years despite numerous written pleas for help.
Nestle SA, the world’s biggest foodmaker, began legal action against Sara Lee Corp. in France for alleged patent infringement on its Nespresso coffee system.
Attorney fee awards under a major federal fee-shifting statute are paid to the client, not to the attorney, and can be offset to pay a client´s debt to the federal government, a unanimous U.S. Supreme Court ruled on Monday.
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