Developers could be given greater scope to open more supermarkets in Melbourne’s suburbs to break the dominance of Coles and Woolworths.…
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Australian shoppers getting less for their buck.
More than ever, food and beverage manufacturers are shrinking the size of their products without a corresponding price cut in an attempt expand their bottom lines, according to consumer watchdo…
Cathay expects slow recovery for yields
Cathay Pacific Airways expects yields will take a long time to recover as the global recession continues to damp business and leisure travel.
"It’s very unlikely that things will be as good…
Rising inflation may impede pace of recovery: OECD
With inflationary pressures building up at the initial stages of recovery in the Indian economy, choosing the right time for withdrawal of the fiscal and monetary stimulus remains a major challenge fo…
World recover ‘modest’, debt must stop: OECD
China, Asia and the United States are pulling the world out of an economic vortex with surprising if "modest" speed, India’s OECD declared on Thursday.…
Number of Indian billionaires almost doubles in a year
Happier days are back for India’s rich who saw their fortunes dwindle during the recession as the country’s billionaire list has doubled from last year to 52, according to the Forbes annua…
India Inc gets into bear hug with Russian consumers
The Year of India in Russia — as 2009 is officially known — has helped India Inc get into a long bear hug with the Russian consumer. They are lapping up everything — from Ratan Tata&…
Japan’s economy continues growing
Strong figures for a second quarter in a row confirm Japan’s recovery from recession, showing a 1.2% boost over three months.…
China to Coca-Cola: No Deal
Coca-Cola’s acquisition of China’s Huiyuan Juice was blocked on March 18 by the country’s Ministry of Commerce, which said in a statement that the deal would be harmful to market com…
Wal-Mart Nets Mostly Positive Q3 Results
Discount retailer Wal-Mart reported gains in net sales and operating income for its Q3 fiscal 2010 (ended October 31, 2009), but experienced decreases in comparable store sales. Analysis of selected t…