KFC sales plummet on bird flu fears

SHANGHAI CHINA: Sales of fast food KFC in China slumped an estimated 36% in April, according to parent Yum! Brands, as consumers shunned chicken due to the H7N9 bird flu outbreak in humans. 14 May 2013 08:43

Horse sold as halaal beef: man fined €50k

THE HAGUE, NETHERLANDS: A Dutch businessman under investigation in a Europe-wide probe into a horse-for-beef substitution scandal was on Thursday (3 May) given a suspended sentence and fined for selling horsemeat as Islamic halal beef in France. 3 May 2013 09:45

Apple profit falls for first time in nearly a decade

SAN FRANCISCO: Apple reported on Tuesday that its quarterly profit dipped for the first time in nearly a decade as it squeezed less money from its champions in the competitive smartphone and tablet markets. 25 Apr 2013 12:04

Wet T-shirts and bustles at fashion show

PARIS, FRANCE: From the court of Louis XIV to the dawn of the 20th century, a Paris exhibit last week charted two centuries of European fashion through scores of immaculately-preserved silhouettes, male and female. 18 Dec 2012 08:55

Macy's taps into the Millennial generation

In spring 2012, Macy's department stores and online retailer Macys.com announced its mission to restructure internally and market toward the Millennial generation. According to the retailer, its goal is to attract and retain Millennial customers who are "now America's largest and most diverse age demographic with spending estimated at $65 billion each year," on merchandise similar to what Macy's sells. 15 Nov 2012 06:43

France says Amazon must pay US$252m tax

PARIS, FRANCE: French tax authorities have demanded $252m in back taxes and interest from online retailer Amazon, according to a company document. 14 Nov 2012 08:36

Profits down for Coca Cola Hellenic

ATHENS, GREECE: Coca Cola Hellenic, one of Europe's main non-alcoholic drinks bottlers, reported on Thursday that net profit fell markedly in the first nine months of 2012. 9 Nov 2012 10:10

Burberry profits fall to £85m

LONDON, UK: British luxury clothing and accessories firm Burberry on Wednesday said its net profits slumped by more than a quarter in the group's first half following a sizeable one-off charge. 8 Nov 2012 10:22

L'Oreal opens huge Indonesia plant

JABABEKA, INDONESIA: Cosmetics giant L'Oreal has opened its largest factory in the world in a move that hope is aimed at boosting profits from strong demand for its beauty products in Asia. 7 Nov 2012 15:54

Sao Paulo Fashion Week reflects joy and colour

SAO PAULO, BRAZIL: Sao Paulo Fashion Week (SPFW), the top such event in Latin America, kicked off on Monday with joyful and colorful designs for its 2013 winter collection. 7 Nov 2012 08:16

Voters watching online videos of US campaigns

WASHINGTON - A majority of US voters are watching online videos related to the 2012 election or other political issues, a study showed on Tuesday. 2 Nov 2012 13:46

Cosmetic firms eye beautiful future in emerging markets

MUMBAI: Global cosmetic firms are turning to emerging markets in the hunt for sales, but they face a challenge tailoring their beauty products to suit new customers in India, China and elsewhere. 19 Sep 2012 13:48