News

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US GDP Q2 growth revised upward

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US GDP Q2 growth has been revised upward from 4% to 4.2%, after shrinking by 2.1% in the first quarter, the Bureau of Economic...
Cognac

Global Cognac sales down

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Global Cognac sales declined last year, mainly because the fast-growing Chinese market slowed down considerably, says a new just-drinks/The IWSR report. Worldwide shipments of Cognac...

European economic sentiment declines

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In August, European economic sentiment fell in both the whole of the EU and the Eurozone, the European Commission reported today, which says that...
UK

UK grocery market share shifting

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The UK grocery market share is moving away from the established giants to Aldi and Lidl. According to Kantar Worldpanel, 53% of British shoppers...

Kia Motors Mexican investment

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A Kia Motors Mexican investment worth $1 billion has been announced by the South Korean vehicle manufacturer. The company says it has signed an...
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Alibaba sales increased

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Alibaba sales increased significantly, driven by dramatically higher sales through mobile devices, the company reported in its latest quarterly results, probably the last before...

Lagarde negligence investigation

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Will a Christine Lagarde negligence investigation allow the head of the International Monetary Fund to continue for the rest of her term, which ends...
Eurozone

Eurozone economic outlook improves slightly

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The Conference Board reported a slight improvement in Eurozone economic outlook. Its July Leading Economic Index rose by 0.3% while its Coincident Economic Index...

Burger King Tim Hortons acquisition deal agreed

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A Burger King Tim Hortons acquisition deal worth $11.4 billion has been agreed, the two companies announced. The Florida-based multinational hamburger chain’s merger with...
UK

Service sector growth slowdown, UK

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In the three months to August, service sector growth in the UK has slowed down, according to data published by the CBI Services Sector...