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UAE's Majid Al Futtaim Holding (MAF) sole franchise of hypermarket chain Carrefour in the Gulf said it foresaw capital investments of up to $1 billion this year as it steadily expanded its foothold in the region. This did not include a $ 680 million
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World stocks stabilized on Friday, a day after global markets dropped sharply on concerns global growth is slowing and the Federal Reserve could start scaling back its monetary stimulus . Japan 's Nikkei, which had led the previous day's losses with
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Analysis & Opinion General view of Carrefour's Bercy hypermarket in Charenton, a Paris suburb, February 8, 2013. PA ), Europe's largest retailer, is in advanced talks to divest its remaining 25-percent stake in its Middle Eastern joint venture to
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The development of new oil reserves and a more aggressive exploration strategy will enable French oil group Total to meet its targets for boosting production of oil and gas, chief executive Christophe de Margerie said on Friday. Speaking to a general
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MIB index gained, lifted by media company Mediaset on positive expectations of its cost-cutting plans and also on the back of its first quarter earnings released earlier this week...Mediaset advanced 6% to 2.49 euros, bringing its gains in the past
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With sales falling, the share price depressed and net income negative Carrefour does not look to be a suitable investment for anyone. However, Carrefour's losses have not gone unnoticed and during 2012, the company parachuted in new chief executive
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Analysis & Opinion A worker stands in front of a rolling mill in the ArcelorMittal steel factory in Eisenhuettenstadt, 124 km (77 miles) east of Berlin November 26, 2012. Output at euro zone factories rose much more strongly than expected in March,
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Shares in India's Tata Steel Ltd recovered from early losses on Tuesday, after the company booked a heavy impairment charge, amid concerns that the write-down could threaten the steelmaker's financing ability and trigger a rating downgrade. Tata
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The French retail giant said to be unhappy over some tough' policy riders. F rench retail chain Carrefour could review its plans to set up stores in India, if some of the tough policy riders are not relaxed. The euro 80-billion chain, the second-
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Do you know a female leader making a difference in the beauty world? Attention ladies in digital: L'Oreal's looking for three leaders in the beauty industry. Technology has a huge impact on our lives revolutionizing everything from our relationships
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