US GDP Q2 growth revised upward
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...
Global Cognac sales down
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
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 grocery market share shifting
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
A Kia Motors Mexican investment worth $1 billion has been announced by the South Korean vehicle manufacturer. The company says it has signed an...
Alibaba sales increased
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
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 economic outlook improves slightly
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
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...
Service sector growth slowdown, UK
In the three months to August, service sector growth in the UK has slowed down, according to data published by the CBI Services Sector...