A Brazilian retail group to enter French Carrefour's capital

French retail giant Carrefour is currently negotiating a merger of its activities in Brazil with CBD, the leading Brazilian retail group and supermarket franchise. This project could vivid tensions between Carrefour and its main competitor in France, Casino.Carrefour last...

China urges 'calm' as anti-Western protests continue

It looks like the Chinese government doesn't ban all political rallies.  This is starting to get very ugly."BEIJING - China appeared to be trying to rein in a growing nationalistic fervor, urging its citizens to be "calm" and "rational" in the face of anti-Western...

Carrefour expects negotiations to buy Alfa stake completed shortly

""We have just signed a memorandum of understanding for the stake purchase. We hope an agreement can be reached over the next few days," Carrefour Indonesia corporate affairs director Irawan Kadarman told Thomson Financial.Earlier today, the company said it was planning to...

Euro RSCG Worldwide named largest global advertising agency 2nd yr

"Of the Top 100 Global Marketers listed in the report, Euro RSCG Worldwide handles advertising for 32 of these brands including Ford Motor Co., Reckitt Benckiser, Danone Group, PSA Peugeot Citroen, Citigroup, Bayer, Schering-Plough Corp., Carrefour, ExxonMobil, Kraft, IBM,...

Three die in China sale stampede

"Three people have been killed and more than 30 injured in a stampede at a supermarket sale in China. The stampede happened at a branch of the French chain Carrefour, in the city of Chongqing, state media said. The shop was offering large discounts on cooking oil. A crowd...