PARIS Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed amount, taking full ownership of the retail operation.
Suppliers to Sears Holdings Corp told Reuters they are doubling down on defensive measures, such as reducing shipments and asking for better payment terms, to protect against the risk of nonpayment as the company warned about its finances.
SAO PAULO Brazil's two largest food processors are striving to restore confidence in their quality controls as they pursue plans to list overseas units after a scandal over alleged bribery of health officials that triggered bans on Brazilian meat exports.
TOKYO Singapore-based fund Effissimo, established by former colleagues of Japan's most famous activist investor, Yoshiaki Murakami, has become the largest shareholder in Toshiba Corp with an 8.14 percent stake, a regulatory filing showed on Thursday.
WARSAW U.S. aluminum wheel maker Superior Industries International has launched an offer to buy Uniwheels for around $715 million after winning the support of the Warsaw-listed company's biggest shareholder.
TOKYO Japan's Fujitsu Ltd and China's Lenovo Group Ltd will postpone plans to integrate their personal computer operations until next month or later, Japanese public broadcaster NHK reported Thursday on its website.
PARIS French finance minister Michel Sapin on Thursday did not rule out France reducing its stake in Renault , but added any sale would have to take place at the best possible market conditions.
AMSTERDAM Japan's Toyota Industries Corp said on Thursday it had agreed to buy privately-held Vanderlande Industries of the Netherlands, a maker of package and baggage handling equipment and software, for about 1.2 billion euros ($1.3 billion).
DUBAI Amazon.com Inc has agreed in principle to buy Dubai-based internet retailer Souq.com, one of the best-known names in the Middle East's online shopping market, sources familiar with the deal said on Wednesday. | Video
SANTIAGO Wal-Mart Stores Inc's Chilean unit will invest $800 million in the country over the next three years and open 55 to 60 new supermarkets, the company said on Wednesday, a significant outlay at a time of slow economic growth.
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