Archive for ‘News & Articles’

729 results.
Jun03

Legendary designer Yves Saint Laurent dies at 71

by admin on June 3rd, 2008 at 11:33 am
Posted In: News & Articles

Yves Saint Laurent, one of the most influential and enduring designers of the 20th century, will be remembered for empowering women through his fashion, a longtime friend and associate said. Saint Laurent died Sunday at his Paris home following a long illness, said Pierre Berge, Saint Laurent’s business partner for four decades. He was 71. […] ↓ Read the rest of this entry…

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Jun04

Yum! Restaurants China Gives Priority To Hiring Sichuanese Job Seekers

by admin on June 4th, 2008 at 5:33 am
Posted In: News & Articles

Yum! Restaurants China, the brand owner of fast food restaurants KFC and Pizza Hut, says that in the coming year both KFC and Pizza Hut will give priority in hiring job seekers from the earthquake areas in Sichuan. Yum! Restaurants China says when considering all the qualified candidates for a position, they will give priority […] ↓ Read the rest of this entry…

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Jun04

INDIA: Govt hikes prices of petrol by Rs 5/L and diesel Rs 3/L

by admin on June 4th, 2008 at 7:16 am
Posted In: News & Articles

NEW DELHI: Amid growing consumer concern, the Cabinet on Wednesday raised prices of petrol by Rs 5 and diesel by Rs 3 to bail out state-run oil firms that have been reeling under unprecedented high crude prices. Prices of domestic cooking gas was hiked by Rs 50 a cylinder effective midnight tonight. The excise duty […] ↓ Read the rest of this entry…

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Jun04

Novartis buys drug firm Protez for up to $400 mln

by admin on June 4th, 2008 at 12:17 pm
Posted In: News & Articles

ZURICH (Reuters) – Novartis has bought U.S. based Protez Pharmaceuticals in a deal worth up to $400 million, giving it rights to an antibiotic which could be used to fight superbugs such as MRSA, the Swiss drugmaker said. “(The) acquisition of Protez Pharmaceuticals provides rights to PZ-601 and further strengthens specialty medicines development portfolio in […] ↓ Read the rest of this entry…

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Jun05

Retailers shield consumers from food price rises

by admin on June 5th, 2008 at 6:24 am
Posted In: News & Articles

The BRC-Nielsen Shop Price Index (SPI) for the UK reports annual shop price inflation of 1.8% in May. This has increased from 1.2% reported in April. Overall inflation can be attributed entirely to food, with both ambient and fresh categories increasing by 5.4% and 6.4%, respectively, while non-food remains deflationary. Overall shop prices increased by […] ↓ Read the rest of this entry…

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Jun05

Indians refuse to sell Cadbury goods

by admin on June 5th, 2008 at 9:14 am
Posted In: News & Articles

Cadbury has received a blow to its ambitions in India after the country’s biggest listed retailer refused to sell the UK company’s products amid allegations of discrimination. Pantaloon Retail alleges that Cadbury has discriminated against it by giving preferential prices and treatment to rival retailers including Germany’s Metro and Shoprite from the US. Kishore Biyani, […] ↓ Read the rest of this entry…

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Jun05

Red Dragonfly Launches GT Store Mode

by admin on June 5th, 2008 at 11:46 am
Posted In: News & Articles

Red Dragonfly Group has opened five GT concept stores in Hangzhou. The group plans to focus on this GT store mode in the next three years and to increase the number of stores to 500. In the past, different kinds of products were sold in single-product stores. With the help of GT store, Red Dragonfly […] ↓ Read the rest of this entry…

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Jun06

500 Mobile Supermarkets Enter Earthquake Areas

by admin on June 6th, 2008 at 6:59 am
Posted In: News & Articles

The Ministry of Commerce has donated 500 trucks to Sichuan Province to set up mobile supermarkets in the disaster areas. After receiving the trucks, the Sichuan Provincial Department of Commerce immediately dispatched them to the Bureaus of Commerce of six earthquake affected cities, including Chengdu, Deyang, Mianyang, Guangyuan, Ya’an, and Aba. The Sichuan Provincial Department […] ↓ Read the rest of this entry…

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Jun07

Oil zooms nearly 9 percent higher to record $139

by admin on June 7th, 2008 at 8:21 am
Posted In: News & Articles

NEW YORK (Reuters) – Oil jumped nearly 9 percent to a record $139 a barrel on Friday, extending a two-day rally to more than $16 as the slumping U.S. dollar and mounting tensions between Israel and Iran attracted a stampede of buyers. Oil prices could top $150 by July 4, one of the busiest U.S. […] ↓ Read the rest of this entry…

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Jun09

Wal-Mart makes the most of US economic slump

by admin on June 9th, 2008 at 8:48 am
Posted In: News & Articles

ARKANSAS: H Lee scott, Wal-Mart Stores’ CEO for the past eight years, is reaping the benefits of demand for his retailer’s discounted goods as the economy slumps and prices soar. Rising gasoline , food and medical costs will drive more customers to Wal-Mart’s more than 3,400 US discount stores and supercenters , Mr Scott told […] ↓ Read the rest of this entry…

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