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France's CFAO opens first African mall in Ivory Coast, plans dozens more

By Reuters Staff
2 Min Read
ABIDJAN, Dec 17 (Reuters) - French distribution group CFAO opened its first shopping mall in Africa on Friday, a $66 million centre in Ivory Coast’s commercial capital Abidjan, as part of a major drive to tap into the growth of Africa’s middle classes.
The mall, a collaboration with French retailer Carrefour , is the first of 80 that CFAO plans to open in eight countries in West and Central Africa in the next decade.
CFAO, which stands for Comptoir Francais de l’Afrique de l’Ouest, is active in the vehicle, pharmaceutical and computer sectors and is 97 percent owned by Japanese company Toyota Tsusho Corp. ....

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Poland fines Portuguese firm for misleading 'patriotic' Polish shoppers

By Reuters Staff
2 Min Read
WARSAW, April 26 (Reuters) - Poland’s consumer watchdog fined Portuguese retail group Jeronimo Martins more than 60 million zlotys ($16 million) for labelling fruit and vegetables as grown in Poland when they were imported, it said on Monday.
The regulator UOKiK said consumers who made “patriotic” choices had been misled, at a time when the government has been encouraging Poles to buy Polish products to support the economy during the coronavirus crisis.
Jeronimo Martins, the owner of the Biedronka supermarket chain, said it would appeal the decision, saying it had “serious reservations” about the evidence gathered by the regulator. ....

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U.S. Labor Board says evidence presented by union in Amazon vote 'could be grounds for overturning election'

U.S. Labor Board says evidence presented by union in Amazon vote could be grounds for overturning election
By Reuters Staff
1 Min Read
WASHINGTON, April 28 (Reuters) - The National Labor Relations Board on Wednesday said evidence submitted by the Retail Wholesale and Department Store union “could be grounds for overturning” Amazon.com Inc’s union election in Alabama if introduced at a hearing.
Reporting by Nandita Bose in Washington Editing by Chris Reese ....

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HK shares rise as financials, consumer stocks gain on earnings boost

Yum China, WH Group gain on strong Q1 earnings
China set to report first population drop since 1949
SHANGHAI, April 28 (Reuters) - Hong Kong shares closed higher on Wednesday, with financials and consumer staples leading gains on the back of strong corporate earnings, while investors await cues on policy from politburo meetings due later this week. At the close of trade, the Hang Seng index was up 129.80 points or 0.45% at 29,071.34. The Hang Seng China Enterprises index rose 0.28% to 11,014.69. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector edged up 0.16%, the financial sector ended 0.97% higher and the property sector dipped 0.14%. ....

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Poland to open shopping centres from May 4, hotels from May 8

By Reuters Staff
1 Min Read
WARSAW, April 28 (Reuters) - Poland will reopen shopping centres on May 4, while hotels will be allowed to open and restaurants will be able to serve food outdoors from May 8, Prime Minister Mateusz Morawiecki said on Wednesday, as he presented plans to lift COVID-19 restrictions.
Reporting by Alan Charlish and Pawl Florkiewicz ....

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