The Edeka food retailer cooperative has been a successful business model or over 100 years.
The founder of budget airline EasyJet Stelios Haji-Ioannou has announced plans to set up a chain of supermarkets in the UK. The effort is aimed at stealing market share from growing German budget grocers Aldi and Lidl.
African and Arab leaders ended a two-day summit in Kuwait on Wednesday by calling for closer cooperation on the political and economic levels, as well as in the fight against terrorism.
Several hundred Amazon workers in Germany have walked off the job demanding better pay and working conditions. But the online retail giant remains defiant, accusing labor unions of blackmail which is hurting customers.
The CEO of New Zealand dairy company Fonterra, Theo Spierings, has said the risk of contracting botulism from the firm’s tainted infant formula has ended. The news comes as more trouble is brewing for the milk giant.
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