Soccer gambling thrives in Cambodian border town
Soccer betting is illegal in Cambodia, but visitors to this seedy frontier town wouldn't know it. In the rundown market where the smell of incense ...
French group PPR 2012 sales rise 20.8 percent
Strong luxury sales outside Europe raised French retail and luxury group PPR's 2012 revenue and profits, after the company behind Gucci and Yves Saint ...
Corona-Bud revise deal to appease regulators
Anheuser-Busch InBev changed the terms of its proposed $20.1 billion acquisition of Mexican brewer Grupo Modelo Thursday in an attempt to push through ...
Nestle makes $11.55 billion profit in 2012
Nestle SA, the world's biggest food and drinks maker, predicted another challenging year ahead but overcame tough global economic conditions to post ...
Rescuer defends Romania's horses from slaughter
The name of his farm translates roughly as "Saving Horses from Wolves." But for Simion Craciun, the real predators are from the nearby slaughterhouse.
Renault earnings slump in 2012 despite Volvo sale
French car maker Renault managed to shore up its cash position in 2012 even though it saw its profits crumble during the year in spite of a big ...
Dutch company eyed in mislabeled horsemeat scandal
A Cyprus-registered company called "Draap Trading Ltd." moved to the center of Europe's horsemeat mislabeling scandal Wednesday, as it emerged that ...
EU ministers call for emergency meat testing
European Union nations on Wednesday called for more intensive testing for a month to try to contain the scandal in which horsemeat was sold as beef.
Norway recalls processed food in horsemeat scare
Officials in Oslo say that processed food products have been recalled from stores in Norway after warnings from the European Union that they may ...
Horsemeat scandal exposes complex food chain
First, there was "pink slime." Then horsemeat. Most recently? "Desinewed meat." Recent revelations that such products have reached dinner tables, ...
Peugeot Citroen posts $6.7 billion loss for 2012
PSA Peugeot Citroen posted a record €5 billion ($6.7 billion) loss last year after Europe's cratering car market forced France's largest automaker to ...
Oil gains on report showing lower US crude stocks
The price of oil moved up closer to $98 a barrel Wednesday, spurred on by a report indicating a fall in U.S. crude stockpiles. By early afternoon in ...
Heineken full-year profit soars on one-time gain
Heineken NV said Wednesday its profit doubled in 2012 following a reappraisal of its Asian business. However, the company's actual performance was ...
Asia stocks up on strong US corporate earnings
Asian stock markets rose Wednesday after strong U.S. corporate earnings sent the Dow close to its record high. Japanese shares faltered, however, as ...
Soccer faces epic fight against match-fixing
Soccer is falling under a cloud of suspicion as never before, sullied by a multibillion-dollar web of match-fixing that is corrupting increasingly ...
UK food agency raids abattoir in horsemeat scandal
British authorities on Tuesday raided a slaughterhouse and a meat processing company suspected of selling horsemeat labeled as beef for kebabs and ...
Romania produced 6,300 tons of horsemeat last year
Romanian food safety officials say the country produced 6,300 tons of horse, mule and donkey meat last year, and that it was correctly labeled when ...
Tire workers confront French police over layoffs
Workers fired flares and paint bombs and riot police answered with tear gas in a standoff Tuesday over layoffs at a French plant for U.S.
Michelin profits rise despite tough car market
Tire maker Michelin says its profits rose 7.5 percent last year despite a struggling car market in Europe, and expects to keep up volumes this year.
Romania: Slaughterhouses did not commit fraud
A maze of trading between meat wholesalers has made it increasingly difficult to trace the origins of food — enabling horsemeat disguised as beef to ...
Bookies offer odds on who will be next pope
Bookmakers have been quick to offer odds on candidates to replace Pope Benedict XVI, with cardinals from Ghana, Nigeria and Canada among the early ...
Ahold selling stake in Scandinavian ICA stores
Dutch supermarket operator Royal Ahold NV says it has agreed to sell its 60-percent stake in Scandinavian retailer ICA for 21.2 billion krona ($3.
France hunting fraudsters in horsemeat scandal
Europe's horsemeat scandal is spreading and threatening cross-border tensions, as France says Romanian butchers and Dutch and Cypriot traders were ...
Beckham weaves some English influences into fall
Of course Victoria Beckham had hot cups of tea at the ready at her New York Fashion Week show on Sunday. It was cold outside, and Beckham knows how ...
Horsemeat scandal reaches Sweden
Sweden on Friday became the newest European country to be hit by a widening meat products scandal, as frozen-food company Findus said it was recalling ...
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