When Hisashi Negishi retired, he paid off his mortgage and bought himself a $6,000 (3,000 pound) flat panel TV and a new car to last the rest of his life. That was two years ago. Since then, he hasn't bought much of anything.
Fuelled by last year's Nobel Prize for a man nicknamed "banker to the poor," microlending to small businesses in the world's poorest countries is booming as individuals discover they can be their own mini World Bank.
L'Oreal , the world's largest cosmetics group, has launched legal action against eBay , alleging the online auctioneer does not do enough to combat the sale of counterfeits, the company said on Monday.
Investors touched up the price of shares in L'Oreal Friday, august 31st after the world's leading cosmetics group posted better-than-expected first-half profits and analysts predicted continued good performance.