5 results

Philip Green before the British parliament’s business select committee on the collapse of British Home Stores which he used own. Photograph: Reuters

Sir Philip Green, in some ways, is my ideal man. Last Wednesday British MPs cross-examined Sir Philip for nearly six hours over the sale of BHS, the (...)

Pork at a  supermarket in Nantong, Jiangsu province:  China’s WH Group Ltd, the world’s biggest pork company, has cancelled its IPO because of “deteriorating market conditions and excessive market volatility”. Photograph: Reuters

While Alibaba’s planned stock market flotation was making headlines last week, the cancellation of another IPO, that of WH Group, the world’s largest (...)

Companies did a lot of firing last year and were more imaginative than ever in telling it like it is not. Most famously, HSBC “demised” its managers, Reuters caused staff to be “transitioned out of the company”, while other businesses “disestablished” or even “completed” roles.

Each January for the past eight years I have handed out prizes to the finest, freshest examples of corporate guff spoken or written in the preceding 1(...)

A man confronts police officers during a protest by families outside a poultry slaughterhouse in Dehui, Jilin province, China, where a fire resulted in 120 deaths yesterday.  Photograph: Reuters TV

Relatives of workers killed as fire engulfed a chicken processing plant in rural northeast China blocked traffic and scuffled with police today, dema(...)

China’s Shuanghui International has purchased Smithfield Foods Inc for $4.7 billion to feed a growing Chinese appetite for US pork. Photograph: Reuters

Shuanghui International Holdings is buying Smithfield Foods Inc, the world’s biggest hog producer, for $4.7 billion (€3.6 billion) to feed a growing C(...)