Worldcrunch
The French dairy group Danone and Denmark’s Carlsberg brewer were in talks with buyers to limit their financial losses in Russia. But the Kremlin’s sudden “temporary” takeover of the two companies Sunday night (involving the seizure of Danone by Chechen leader Ramzan Kadyrov’s “favorite” nephew) may in fact be a sign that business is over once and for all for Western subsidiaries that have pulled out since the war began.
SPOTLIGHT: A PUTIN THINK TANK IN BERLIN Far from both the Transatlantic chattering about Brexit, and the simmering war in Ukraine, a new “Research Institute” was quietly christened in the capital of Germany last week. The “Dialogue of Civilizations” think tank moved its headquarters from Vienna to central Berlin, which German historian Karl Schlögel writes […]
DIE WELT (Germany) Worldcrunch The Verbraucherzentrale Hamburg, a Hamburg-based consumer association, has accused food company of marketing scams, particularly free online games for children, reports Die Welt. “Many parents have complained about the games, which are usually on sites advertising very sugary and high fat products,” says the organization’s nutrition expert Silke Schwartau. “Unlike adults, […]
PARIS – For months, consumption has been stagnating, and purchasing power is not improving. Will the French, like the Spanish, start buying their yogurts one by one instead of in packs as a way to face the global financial crisis? Remarks by Jan Zijderveld, head of European operations for the Anglo-Dutch conglomerate Unilever, on the […]