Tags: France
Tycoon Diniz in talks to buy part of Carrefour's Brazil unit
Brazilian tycoon Abilio Diniz is in talks with Carrefour SA about buying a stake in the French retailer's Brazilian unit, a source with direct knowledge of the situation said on Wednesday.
Philippines to get frigates, gunboats, helicopters as tension simmers
The Philippines aims to buy two frigates, two helicopters and three gunboats for deployment in the South China Sea where a territorial dispute with China has lent urgency to the need to bolster forces, a Philippine navy officer said on Wednesday.
World set to end year in brittle economic state
The global economy is ending the year in a fragile state with factory activity shrinking in China, euro zone business growth remaining weak, and emerging market giant Russia in a spiraling currency crisis.
Accor announces strategic partnership with China Lodging
French hotel operator Accor announced a strategic alliance with China Lodging Group on Sunday to create a major new player in the fast-growing Chinese domestic travel and hospitality market.