European retailers had been looking to get more profit through online food businesses as the grocery segment make up around 40% of retail sales.
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Carnival Corporation to invest USD180 million to comply with EPA air emission standards
Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
Good Morning America unveils rules for "ROAR With Katy Perry" contest
Good Morning America unveiled the rules for its "ROAR with Katy Perry" contest. Good Morning America announced the rules for their recently-launched "ROAR With Katy Perry" Contest on their website.
Personalized e-commerce startup Wantful closes up after not able to secure additional investment
A Techcrunch news report said that personalized e-commerce and gift-giving startup Wantful would be shutting its operations down due to its inability to get additional capital.
Smithfield acquisition awaits shareholder approval after US clearance
Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.
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Several local and international banks come together to provide a loan facility worth USD880 million for Atlantis, The Palm.
Edge Products, the manufacturer of high quality parts for vehicle manufacturers, recently filed for Chapter 11 bankruptcy protection.
Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.
Sources told Reuters that Suntory would be acquiring two drink brands of GlaxoSmithKline in a deal worth more than GBP 1 billion.
According to the Latin American Venture Capital Association, there has been a 100% increase in value and volume for the market for the first half of 2013.
Michigan had joined six other states in a lawsuit to block the proposed merger of US Airways and American Airways to create the world's largest airline company.
Glenview Capital Management LLC had joined Hayman Capital Management LP in raising its stake in retailer JC Penney even after the departure of Bill Ackman last month.
According to a Reuters report, the US government would likely give its approval for the Smithfield Food Corp. and Shuanghui International Holdings USD4.7 billion deal.
Versace CEO Gian Giacomo Ferraris announced that the company planned to sell a minority stake privately before launching an IPO.
