PPR to Unload European Retail, Report Says François-Henri Pinault, chief executive of PPR , is looking to unload the firm’s European retail business to focus exclusively on global consumer and luxury brands, The Wall Street Journal reported.
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BusinessMore... Informa Talks Give Springer Owners Hope Informa , the British media company, said it was in talks to buy Springer Science and Business Media , reigniting hope among Springer’s private equity owners they can finally offload the debt-ridden business.
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Newmont Sells Additional Stake in Indonesia Mine Newmont Mining has agreed to sell a 14 percent stake in an Indonesian gold mine for $494 million, ending a years-long dispute with the Indonesian government over how the mining company should sell shares as required under its contract to operate in the country, The Associated Press reported.
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Wall Street Ends 3-Day Losing Streak Wall Street held on to steep gains on Monday, channeling momentum from rallies in Europe and Asia and a renewed rush for gold.
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Method for AP-Petside.com poll on pets The Associated Press-Petside.com Poll of pet owners on holiday shopping was conducted by GfK Roper Public Affairs & Media from Oct. 1-5, 2009. It is based on landline and cellular telephone interviews with a random sample of 1,166 pet owners. Interviews were conducted with respondents on both landline and cellular telephones.
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