Retail

London: Sainsbury's has agreed to buy Walmart's Asda for about £7.3 billion ($10 billion) to create Britain's biggest supermarket group by...

Beijing/Shanghai: China is considering cutting the import duty on passenger cars by about half as part of the country's plan to further open up the...

Beijing: China is well prepared to handle any negative effects from its trade dispute with the United States, the commerce ministry said on Thursday, adding...

Muscat: Nestlé on Monday announced its ambition to make 100 per cent of its packaging recyclable or re-usable by 2025. Its vision is that none of its...

Basel: A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate...

Muscat: Rasasi Perfumes, one of the leading perfume houses in the Middle East, has recorded a 6 per cent overall increase in Oman for 2017. Salim Kalsekar,...

Chicago/New York: When Toys 'R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods...

London: Britain's third biggest company Unilever will scrap its London corporate headquarters and make Rotterdam its sole legal home in a blow to Prime...

New Jersey: Toys 'R' Us Inc, the iconic toy retailer, is shuttering its 735 U.S. stores after failing to find a buyer or reach a deal to restructure...

London: Sainsbury's, Britain's second largest supermarket group, plans to increase the base rate of pay for staff working in stores but stop paid...