Kraft withdraws offer to merge with Unilever

(Reuters) - U.S. food company Kraft Heinz Co withdrew its proposal for a $143-billion merger with larger rival Unilever Plc , the companies said on Sunday, raising questions about Kraft's next steps and whether it could turn its focus to another targe...

Read More »

Ford sees big Russia gamble vindicated as sales finally turn corner

MOSCOW (Reuters) - Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals decided to cut and run.

Read More »