Industry
Starbucks to pay Kraft $2.76 bn in damages to settle coffee dispute
14 Nov 2013
Starbucks annual retail-grocery coffee sales grew from $50 million to $500 million since signing the deal in 1998, but sales growth fell and market share plunged from 33 per cent in 2005 to about 25 per cent 2010 in premium coffee sales after termination of the agreement
SC stays demolition of Campa Cola building till 31 May
13 Nov 2013
The Supreme Court also said it will consider allowing a new building to house residents of illegal flats, the legal representative for the residents said.
CNPC to buy Petrobras' Peruvian assets for $2.6 billion
13 Nov 2013
CNPC, the most acquisitive Chinese oil company, has conducted a series of purchases this year in order to secure energy security for a rapidly growing economy
Wall Street agog as Anand-Carlsen chess championship begins
By by Jagdeep Worah | 09 Nov 2013
Some of Wall Street's biggest names are focused on India this week as defending chess champion Vishwanathan Anand faces off against prodigy Magnus Carlsen of Norway in Chennai .Jagdeep Worah reports
Swiss luxury goods group Richemont abandons sale of underperforming brands
09 Nov 2013
Richemont, the maker of Cartier jewellery and Piaget watches, says it has abandoned its divestment plans as potential bidders made offers that undervalued its brands
US FDA to phase out trans fats from food on health concerns
08 Nov 2013
Declaring a war of trans fats, the US Food and Drug Administration said yesterday, it would require food makers to gradually phase out all artificial trans fats from its products
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