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Brazilian Chiquita offer rejected

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With the Brazilian Chiquita offer rejected, does it mean the merger with Fyffes is going ahead? Fruit juice giant Cutrale and investment conglomerate Safra,...

Eurozone GDP flatlines in Q2

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While Eurozone GDP flatlines in the second quarter, the economies of the other European Union (EU) nations surge ahead. Put simply, the EU is...
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French economy stalled again in second quarter

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The French economy stalled again, posting zero growth in the second quarter, according to statistical agency INSEE. The country has now registered two consecutive...
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German GDP shrank 0.2 percent in second quarter

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During the second quarter, German GDP shrank by 0.2% on the previous quarter, says Destatis, the Federal Statistical Office, which commented that “The German...
UK

UK June unemployment hits six-year low

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UK June unemployment declined by 132,000 compared to May, hitting a six-year low of 6.4%, according to figures published by the Office for National...
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German Leading Economic Index fell in June

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The German Leading Economic Index declined in June after rising marginally in May, while its Coincident Economic Index increased, says The Conference Board. The Leading...
Japan

Japanese economy contracted sharply in Q2

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The Japanese economy contracted by 6.8% (annualized) in Q2, the steepest fall since the 2011 earthquake and Tsunami, according to data released by the...
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Volkswagen passenger car brand deliveries increased 4 percent in July

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In July, 2014, Volkswagen passenger car brand deliveries increased by 4% to 491,600 units compared to 472,800 in July 2013, driven by strong demand...
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US August consumer sentiment plummets

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US August consumer sentiment took a nosedive after rising significantly in July, even as gas prices declined by over 15 cents during the month,...

Brazilian Chiquita bid upsets Fyffes’ plans

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A Brazilian Chiquita bid worth $625 million may upset the planned merger between the American banana giant and Irish fruit multinational Fyffes. Brazilian conglomerate...