South African businessman Christo Wiese has launched a $5 billion lawsuit against crisis-hit Steinhoff , a retail company in which he was a board member and biggest shareholder until earlier this year,
Wacoal Holdings Corporation has announced that Yoshikata Tsukamoto will become the business’ Representative Director and Chairman and Hironobu Yasuhara will become the Representative Director and President.
Kanye West said on Wednesday that he had fired his manager and suggested he may run for U.S. president in a frenetic Twitter spree in which he promised four new albums and compared himself to Henry Ford and Walt Disney.
South Korea's Lotte Shopping said on Thursday that it has agreed to sell one of its six operators of hypermarket and supermarket stores in China to Wumei Holdings for about 248.5 billion won (165.08 million pounds).
Ebay Inc’s forecast for current-quarter profit and revenue missed Wall Street estimates as the e-commerce company invests heavily to beat the rising competition from the likes of Amazon.com and Alibaba Group.
PayPal Holdings Inc on Wednesday reported first-quarter profit that beat Wall Street estimates as the payment processor benefited from higher volumes of mobile payments and strong merchant services business.
French retailer Carrefour has struck a five-year purchasing alliance with peer Systeme-U, stealing a march over rivals in a deal that will make Carrefour the biggest buyer in its competitive home market.