… Nestlé SA NSRGY 0.33% said Monday it agreed to sell Starbucks Corp.'s SBUX 2.76% consumer and food service products world-wide, as the Swiss company embraces coffee as a growth opportunity to offset flagging sales elsewhere.
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[BRUSSELS] French Finance Minister Bruno Le Maire warned that excessive salary demands and strikes by unions at Air France-KLM Group could sink Europe's largest airline.
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The U.S. asked China to reduce support for high-tech industries and help cut a trade deficit in goods that reached a record $375 billion last year, according to a document seen by Bloomberg. As it parries with China, the U.S. is also threatening to impose tariffs on steel and aluminum imports from
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KPMG partner Rosheen Garnon has also been appointed as a new member of the board for a three-year period, following the departure of board member Peggy Lau Flux. Meanwhile, the Australian Accounting Standards Board, which committed before the Senate to doing a report on the decline in audit
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Besides amassing $1.3 billion of net debt, Mattress Firm was also on the hook for $2.7 billion in off-balance sheet lease liabilities related to its sprawling store chain, according to the last accounts it filed. Steinhoff didn't mention those leases, which are similar to debt, in the text of an investor presentation
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