Former M&S boss Rose to lead campaign to keep Britain in EU LONDON, Oct 10- Lord Stuart Rose, former boss of Marks and Spencer and one of Britain's most well-known businessmen, will head the campaign to keep the country in the European Union, the "In Campaign" said. Rose, who is currently chairman of online supermarket Ocado, is a member of the House of Lords, Britain's unelected upper chamber, representing Cameron's...
Paul Prudhomme: Cajun spices and a love of local ingredients NEW ORLEANS- At K-Paul's Louisiana Kitchen during the early 1980 s, chef and owner Paul Prudhomme would drive to his hometown near Opelousas in his pickup truck and come back loaded down with supplies reflecting his native Cajun cuisine. He had no formal training, but sparked a nationwide interest in Cajun food by serving dishes- gumbo, etouffee and jambalaya-...
Source: The Associated Press
| By: By JANET MCCONNAUGHEY and REBECCA SANTANA, Associated Press
UPDATE 3-Samsung Elec tips better-than-expected Q3 profit, shares surge SEOUL, Oct 7- Samsung Electronics Co Ltd forecast a sharp jump in quarterly profit, trumping expectations and sending its shares surging as favorable currency rates and robust component sales appeared have to offset weakness in smartphones. Samsung Electronics estimated July-September operating profit would leap 80 percent from a year earlier to 7.3...
| By: Se Young Lee
UPDATE 2-Samsung Elec sees Q3 profit boost despite smartphone woes SEOUL, Oct 7- Samsung Electronics Co Ltd on Wednesday said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division. "There were worries that overall earnings will continue falling as mobile profits declined, but now the numbers make the case that...
| By: Se Young Lee
EU to close tax loopholes for multinationals Today EU finance ministers agreed to exchange info on cross-border tax rulings to better detect abusive tax practices of multinationals.
| By: By Nasos Koukakis, special to CNBC.com