Carrefour All News

Shares of Carrefour SA rose Tuesday as the idea the French retailer could turn around its underperforming business gathered speed among investors following an upgrade from J.P. Morgan analysts. "We believe that there is 80% probability of a successful turnaround,"...

Carrefour in the country’s retail sector following its acquisition of supermarket operator PT Alfa Retailindo. The commission suspects the Alfa takeover has violated the 1999 anti-monopoly law...They chose to base their examination on other unqualified evidence instead," he said. "For...