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Walmart Sells Majority Of Brazil Unit Takes 45 Billion Charge

NEW YORK/SAO PAULO – Walmart Inc (WMT.N) said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent...

As World Cup Approaches Soccer-mad Brazilians Rush To Buy Tvs

SAO PAULO – While still more than a week away, the World Cup has already had a major impact on retailers in the self-described “Country of Soccer,” as...

Metro Will Correct Russia Situation Soon Ceo

FRANKFURT – The chief executive of Metro (B4B.DE) is hopeful that the German retailer will turn around its struggling Russian business soon, he said on Monday....

With Deal To Close This Week Bayer To Retire Monsanto Name

FRANKFURT – Germany’s Bayer (BAYGn.DE) will wrap up the $63 billion takeover of Monsanto (MON.N) on Thursday and also retire the U.S. seeds maker’s 117...

Bayer To Close Monsanto Takeover To Retire Targets Name

FRANKFURT – Germany’s Bayer (BAYGn.DE) will wrap up the $62.5 billion takeover of Monsanto (MON.N) on Thursday this week and also retire the name of the U.S....

Bayer Launches 7 Billion Cash Call To Fund Monsanto Deal

BERLIN – Bayer (BAYGn.DE) launched a 6 billion euros ($7 billion) rights issue on Sunday, a cornerstone of the financing package for its planned $62.5 billion...

Moncler Aspires To Give Its Puffer Jackets A Monthly Makeover

MILAN – Italian label Moncler (MONC.MI) has already turned luxury fashion on its head by transforming casual skiwear into trendy items with its sleek puffer...

They Blocked The Truck Cargo Bandits Disrupt E-commerce In Brazil

GUARULHOS, Brazil – In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of...

Adidas Takes 12-10 Lead Over Nike In World Cup Shirt Deals

BERLIN – Adidas (ADSGn.DE) can declare itself the winner over arch rival Nike (NKE.N) in the upcoming soccer World Cup even before the first match kicks off as it...

Indias E-commerce Wars To Be Reshaped By Private Label Brands

MUMBAI – For Lalit Bisht, buying Roadster jeans and T-shirts off Myntra, Flipkart’s fashion operation, is a no brainer. It may take a week to deliver clothes...