The chief executive of Henkel & Co KGaA AG (HNKG_p.DE) poured cold water on speculation the consumer goods maker was preparing to buy hair care firm Wella from Procter & Gamble Co (PG.N), saying his company didn't need big acquisitions to grow.
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Hopes high for Thiam turnaround at Credit Suisse
Tidjane Thiam starts work as CEO of Credit Suisse (CSGN.VX) next month with investors optimistic he can bring about a major change of strategy at the bank, even if he has to raise cash to do it.
Qualcomm Greater China former president Frank Meng returns amid troubled market; former head Wang Xiang moves to Xiaomi
Former Qualcomm Greater China president Frank Meng is returning to chair the U.S. chipmaker's moneymaker market while former head Wang Xiang moves to smartphone maker Xiaomi.
Foxconn to build Apple iPhone plant in India
In the near future, iPhones as well as iPods and iPads may be manufactured in India. The main manufacturing partner of Apple Inc, Foxconn Technology is said to be in talks with the Indian government in order to build its manufacturing units in western Indian state of Maharashtra, according to a Reuters report.
Los Angeles mayor signs $15/hour minimum wage hike into law
Los Angeles Mayor Eric Garcetti on Saturday signed a law hiking the city’s minimum wage from $9 an hour to $15 by 2020, an increase that will affect hundreds of thousands of workers.
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Greek Prime Minister Alexis Tsipras said he was willing to accept unpalatable compromises to secure a deal with international creditors provided he gets debt relief in return, something that Germany refuses to countenance.
BlackRock Inc (BLK.N), the world's largest asset manager, has agreed to buy a Mexican infrastructure investment fund that financed projects for a contractor at the center of a scandal which embroiled President Enrique Pena Nieto.
U.S. authorities are examining payments made by Nike Inc under a 1996 soccer sponsorship deal with Brazil for possible evidence of wrongdoing by the company or others, the Wall Street Journal reported on Friday, citing people familiar with the matter.
The boards of oil company Cairn India and its parent Vedanta Ltd will meet on Sunday, Cairn said, to discuss what could be a potential merger of the company with its parent, the operating unit of London-listed mining and energy group Vedanta Resources Plc.
Shares of Wingstop Inc (WING.O), a Dallas-based chicken wing restaurant chain, rose nearly 70 percent in their market debut on Friday, valuing the company at $914 million.
The Reserve Bank of India is facing a fork in the road for the first time since Governor Raghuram Rajan took office amid much fanfare and started targeting inflation as the central bank’s primary mandate.
To counter the threat possessed by Apple Inc's new Apple Music subscription service, Spotify, the current leader in the music-streaming business organized a new round of funding from investors on Tuesday.
German automaker BMW on Wednesday unveiled its latest version of its BMW 7 Series at its global headquarters in Munich. The BMW 7 Series is top of the line luxury sedan and is a status symbol, especially in European countries.
Google Inc (GOOGL.O) said on Friday that it is launching a live streaming gaming service called "YouTube Gaming", creating a rival to Amazon.com Inc's (AMZN.O) Twitch service.
