Company and Personal News
Unilever will cut 20,000 jobs over four years
Date: 2007-08-03 00:00:00
The reductions will occur as up to 50 factories are closed or reorganized and most cost savings will be focused on Europe, the company's biggest market. The company also plans...
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Worldwide 1.5 million toys have been recalled by Mattel
Date: 2007-08-03 00:00:00
Big Bird, Elmo and Dora The Explorer characters' paints may contain excessive amounts of lead when they were manufactured in China. According to the company one million of the leaded...
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Second Enhancement Package for SAP® ERP available
Date: 2007-08-03 00:00:00
Customers can selectively implement software innovations from SAP and activate selected functionalities and enhancements as driven by business demand. All innovations in the second enhancement package for SAP ERP are...
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Green light for Nestle's Gerber acquisition
Date: 2007-08-02 00:00:00
The European Commission has cleared Nestle's proposed acquisition of Novartis's Gerber business, saying it would not lead to an uncompetitive concentration in baby foods and cereals. The activities of the...
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Australian wine in PET bottle at Sainsbury
Date: 2007-08-02 00:00:00
Sainsbury said if the trial suceeds, PET bottles would be rolled out across more wines. This could lead to a wider departure from traditional glass bottles by wine makers. The...
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Profit growth and reorganisation at Danone
Date: 2007-08-01 00:00:00
Danone said net profit came to 656 million euros in the six months through June. First-half revenue rose 9.2 percent to 7.5 billion euros. Danone is selling its core biscuits...
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(HU) Kiválasztották Henkel Awardon induló öt hazai formatervezőt
Date: 2007-08-01 00:00:00
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No timetable for selling Cadbury's american beverage unit
Date: 2007-07-31 00:00:00
Cadbury Schweppes has extended the timetable for taking bids for its U.S. beverage unit because of market volatility. The division includes 7-Up, Dr Pepper and Snapple soft drinks. Wall Street...
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Coca-Cola is still the most valuable brand
Date: 2007-07-30 00:00:00
On the second place is the Microsoft with 3% growth, IBM is the third, with 2% increase on the top Global Brands. The annual BusinessWeek-Interbrand brand survey 'The 100 Top...
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Bunge to bring some production to Hungary
Date: 2007-07-30 00:00:00
Bunge Limited, a leading global agribusiness and food company, has decided to close its plant in Oradea, Romania due to high costs and move some of the plant's capacity's to...
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Calculable, composed growth at Zwack
Date: 2007-07-27 00:00:00
The nett income increased with 3.6% on yr/yr, operating surplus growth with 3.8%, after tax profit with 3%. The export income increased 10%, it was a big goal for managment....
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Dollar billions for healty products at PepsiCo
Date: 2007-07-26 00:00:00
Pepsico may spend $5 million to $2 billion to buy products that would help its offerings more closely mirror the 'food pyramid' created by the US agriculture department. PepsiCo is...
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European sales make Whirpool stronger
Date: 2007-07-23 00:00:00
The income from the old continent grew with 10%. Whirlpool Corp. (WHR), a maker of household appliances, said second-quarter earnings from continuing operations rose 60% to $161 million, or $2...
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Gucci owner gets reins of Puma with $7.3b bid
Date: 2007-07-23 00:00:00
The luxury goods maker has said it aims to step up opening of new Puma stores in developing markets and increase the brand's presence in the United States. PPR SA,...
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Disaffected owners at Bijou Brigitte
Date: 2007-07-20 00:00:00
The Hamburg costume jewelry group, works 962 stores, increased its pre-tax earnings to EUR 165.4 million it is 6.8% growth. The rise is 3.7% less as waited – said company...
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Danone sells Danao in France
Date: 2007-07-20 00:00:00
Danone France is selling its Danao brand, a mixed milk and fruit juice, in the country to cider company Cidreries du Calvados la Fermiere (CCLF). The sale is part of...
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Asda sparks Harry Potter price war
Date: 2007-07-20 00:00:00
The supermarket had earlier put a maximum £8.87 retail price on Harry Potter And The Deathly Hallows – the same as rival chains Tesco and Sainsbury's. The supermarket was...
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Nestle, PepsiCo considered merger
Date: 2007-07-20 00:00:00
Global consumer goods heavyweights Nestle and PepsiCo were reportedly involved in talks over a possible merger earlier in the year, according to a report in the Wall Street Journal. ...
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Qatari Royal Familie will get a grip on Sainsbury
Date: 2007-07-19 00:00:00
The British supermarket group J Sainsbury said it has received a takeover approach from a Qatari investment group. "J Sainsbury plc confirms it has received a preliminary approach from Delta...
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Germany's Hertie not up for sale
Date: 2007-07-19 00:00:00
British private investment group Dawnay Day, which owns German department store chain Hertie, said on Monday that Hertie was not up for sale, denying a report in a German newspaper....
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Britvic continues Robinsons push online
Date: 2007-07-18 00:00:00
Britvic has partnered with Microsoft Digital Advertising Solutions to launch an online marketing push for its Robinsons squash brand in the UK. The drive is built around a website which...
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Wal-Mart tops 2007 Fortune Global 500 list
Date: 2007-07-18 00:00:00
Huge revenues have propelled Wal-Mart Stores Inc. to the top of the 2007 Fortune Global 500 list, and pushed aside Exxon Mobil Corp. to the No. 2 spot on the...
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Johnson&Jonson is doing well
Date: 2007-07-18 00:00:00
The good second quarter's outcome dues to overseas sales Johnson & Johnson posted a 9 percent increase in second-quarter profit. The company reported net income of $3.08 billion, or $1.05...
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Cadbury fined £1m for salmonella offences
Date: 2007-07-18 00:00:00
The confectionery giant Cadbury was fined £1m yesterday over a national salmonella outbreak which gave 42 people food poisoning and put three of them in hospital. The Birmingham-based company was...
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The best bank of the region is Raiffeisen
Date: 2007-07-17 00:00:00
Raiffeisen Zentralbank Österreich AG (RZB) and its CEE-subsidiary Raiffeisen International Bank-Holding AG received the award “Best Bank in Central and Eastern Europe” during a reception of the renowned British financial...
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Accor's deputy managing director leaves the company
Date: 2007-07-17 00:00:00
From the next year Botond Usztoke will manage his own hotel. Since 1995 worked the turistic professional at several Accor Hotels as managing director and form 2006 Januar is he...
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ADT enriched its offer
Date: 2007-07-17 00:00:00
ADT Security Services, a part of Tyco Fire & Security, recently launched a new wide-exit detection system allowing retailers with wide or multiple exits to detect anti-theft alarms and collect...
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Capacity enrichment at Matusz-Vad Ltd.
Date: 2007-07-16 00:00:00
After the HUF 70million investment, the company can bunker extra 460 pallet in its warehouse. Matusz-Vad Ltd. is one of the biggest supplier in the gastronome since 13 years, its...
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Tesco closes 14 stores after bomb hoaxes
Date: 2007-07-16 00:00:00
A number of Tesco stores around the country were closed over the weekend after a series of bomb hoaxes. Sources at the retail giant said the scare was part of...
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