1. Jay Z gets Puma gig Rap mogul and businessman Jay Z has been hired by German brand Puma as creative director of its basketball division. He will influence player signings, product design and marketing strategy. Jay Z is the founder of streaming service Tidal and entertainment company Roc Nation. 2. Kellogg’s sued over salmonella allegations Two women have filed the first lawsuits accusing Kellogg’s of being negligent in selling Honey Smacks cereal that was contaminated with salmonella. US health officials say the cereal resulted in 73 people in 31 states becoming ill. The Michigan-based company announced it was recalling an estimated 1.3m cases of its Honey Smacks cereal due to the potential for salmonella contamination.

3. Chanel opens its books In a radical about-turn, Chanel has released its annual results — the first time in its 108-year history. The move to publish is "absolutely not" a precursor to a stock market listing, CFO Philippe Blondiaux says. Chanel recorded n...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.