The Edeka food retailer cooperative has been a successful business model or over 100 years.
Britain's competition watchdog is to launch a probe into some business practices by the four big retail banks. Lending to small and medium-sized firms and current accounts is not working well for customers, it says.
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.
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.
Bangladesh's Rana Plaza building collapse triggered calls for better conditions in the garment industry. But despite improvements, there is still much to do, Ian Spaulding from the Alliance inspection group tells DW.
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