Industrials

P&G taking longer to pay suppliers, offers financing

Procter & Gamble Co is increasing the time it takes to pay for supplies and offering financing to help mitigate the impact a longer payment cycle could have on small and midsize businesses, the household products maker told suppliers earlier this month.

Carrefour eyes plan for Brazil, China growth: FT

Carrefour expects to have a plan in place by 2014 to expand in Brazil and China, its second- and fifth-biggest markets by sales, the Financial Times quoted the French retailer's chief executive as saying.

ThyssenKrupp deems Steel Americas bids low, wants talks: paper

German steelmaker ThyssenKrupp was surprised by the low value of bids for its Cia Siderurgica do Atlantico mill in Brazil and is seeking talks with bidders to raise the offer prices, the Agencia Estado news agency reported Saturday.

Sanofi investors may sue as a class: Judge

A U.S. judge certified on Wednesday a class of investors who have filed a lawsuit accusing Sanofi of misleading them about the status of regulatory approval for a failed anti-obesity pill.