Estee Lauder Cos Inc (EL.N) bought French luxury perfume brand Editions de Parfums Frédéric Malle, its third acquisition in less than a month as the company looks to boost its portfolio of high-end luxury perfumes and skin care brands.
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KKR prepares more Samson asset sales as oil prices plunge
KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan, according to people familiar with the matter.
Libya's El Feel oil field shut down, third site within days
An oil field in southwest Libya has closed down, officials said on Sunday, becoming the third oil facility in the chaotic country to shut within a week.
Volvo Cars says begins XC60 production in China
Geely-owned Volvo Car Group said on Sunday it had begun production of its best-selling XC60 crossover at its plant in Chengdu, taking a further step toward supplying locally-produced cars in China as well as opening the door to overseas exports.
Kuroda sprang easing surprise to head off damaging inflation forecast
The Bank of Japan Governor not only surprised the markets with his latest splurge of monetary easing. He sprang it on his own board members just two days earlier, jolted into action to stop them making a low-ball forecast that might have sunk his flagship inflation target.
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The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping told global business leaders on Sunday to dispel worries about the world's second-largest economy.
One of the most powerful men in the Olympic movement has urged the United States to push ahead with its plans to bid for the 2024 Summer Olympics, saying it is the "right time".
U.S. fast food chain Burger King Worldwide (BKW.N) will open about 12 outlets in India over the next 60-90 days, Rajeev Varman, chief executive of the hamburger chain's India unit said on Saturday.
A solar eclipse in March next year will be an unprecedented test of European electricity grids because of the massive increase in solar power production on the continent, French power grid RTE said on Friday.
Australia said on Saturday it was pleased with progress on a long-planned free trade agreement with China and that it would be happy to conclude it by next week when Chinese President Xi Jinping visits.
European Central Bank Executive Board member Benoit Coeure on Friday raised doubts about whether a weaker euro would be the way to ignite growth in the euro zone.
Irish rocker Bono has defended Spotify from criticism it pays too little to people who create music, saying digital music streaming services are opening up new ways for musicians to reach their public.
French Impressionist painter Edouard Manet's "Le Printemps," which set a world record price for the artist when it sold at auction for $65.1 million at Christie's on Wednesday evening, will be going to the J. Paul Getty Museum in Los Angeles.
China's Momo Inc, a mobile-based social networking platform, filed with U.S. regulators on Friday to raise up to $300 million in an initial public offering of its American Depositary Shares (ADS).
