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L'Oreal China disclosed on Thursday that its sales totaled 132.8 billion yuan ($21.69 billion) in 2013, up 10.2 percent year-on-year, marking the 13th consecutive year of double-digit growth...The group relocated its Asia Pacific headquarters from
Carrefour , the world's second-largest retailer, said it would spend more cash to renovate and expand its stores this year to revive its struggling European hypermarkets and expand in the key emerging markets of China and Brazil. Europe's biggest
The Dublin index had been ending each of the previous five days in the black, and broke through the 5,000 milestone on Friday...It was a good first half of the day for the exploration companies, with Providence Resources rising 1.8pc to 2.85 and
ArcelorMittal is planning to start fencing work on the land for its proposed integrated steel project in Karnataka by March 2014, the company said. It also said that a draft feasibility report for the proposed steel plant had been completed and
CAC +0.59%, DAX +0.4% Spot gold gains $US1.28 to $US1324.25 an ounce at 5pm in New York on Friday Brent oil down 50 US cents to $US109.80 per barrel at 5pm in New York on Friday Iron ore little changed, down US0.
Non-motor revenues were also down 12.1pc in both the UK and Ireland, mainly in household insurance due to tariff increases and the scrapping of unprofitable schemes. Personal lines the different policies set out to protect people and representing
AXA , is targeting close to 1.2 billion euros ($1.65 billion) in investments this year, Chief Executive Henri de Castries said on Friday, without saying if they would be aimed at emerging markets. "We have an ambitious investment programme, nearly 1.
Nestle will disclose details of a planned share buyback when the sale of an 8 percent share in L'Oreal closes, its chief financial officer told investors on Thursday. Nestle said on Tuesday it was reducing its stake in L'Oreal to 23 percent, adding
Swiss food giant Nestle is to sell a chunk of its shares in French cosmetics giant L'Oreal, the firms said yesterday, in a signal that Nestle has dropped the option of a takeover. L'Oreal is to buyback a stake of eight percent from Nestle which
The deal under which Nestle will cut its stake in L'Oreal does not pave the way towards a full Nestle's exit from the capital of the French cosmetics group, Nestle's chairman Peter Brabeck said on Tuesday. "This sale is not a first step towards an