XML US Business News

Coty's Sales Drop on Promotions

published about 2 hours ago
Coty said its quarterly revenue edged lower, hurt by increased promotions and competition in its nail and fragrance businesses in North America.

Scorpio, BoCom Order Giant Container Vessels

published about 3 hours ago
Scorpio, BoCom Order Giant Container Vessels
Scorpio Group, one of the world's biggest tanker and bulk operators, and China's Bank of Communications Co. have ordered five Triple E container vessels to be leased to Switzerland's Mediterranean Shipping Co.

Dollar General Backs Bid for Family Dollar

published about 3 hours ago
Dollar General reaffirmed its bid to buy Family Dollar, maintaining the antitrust feasibility of its proposal, as the war continues for dominance among so-called dollar store chains.

Zara Pulls T-Shirt Amid Uproar

published about 5 hours ago
Spanish fashion chain Zara withdrew a children's T-shirt resembling garb that was worn by Jewish prisoners in German concentration camps during World War II, following protests.

Kia Wrestles With Sibling Hyundai

published about 6 hours ago
Kia Wrestles With Sibling Hyundai
South Korea's Kia Motors has become one of the world's most successful auto brands some 16 years after it was rescued from bankruptcy by Hyundai. Now it faces a new challenge: overcoming competition from its savior.