Consumer Goods News
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Updated 43 minutes ago
A.P. Moeller-Maersk A/S Chief Executive Officer Nils Smedegaard Andersen said he’ll be forced to prolong cost cuts at the world’s biggest container line as a policy of capacity restraint fails to lift shipping rates.
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Updated 2 hours, 14 minutes ago
North Korean leader Kim Jong Un’s top military deputy met with a senior Communist Party official in China as ties between the allies showed strain over the North’s nuclear ambitions and the seizure of a fishing boat.
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The following is a reformatted version of the prepared testimony today of Federal Reserve Chairman Ben S. Bernanke to the Joint Economic Committee of Congress.
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Emperia Holding SA, a Polish consumer-goods distributor, soared the most in 10 weeks after Erste Group Bank AG recommended buying its shares.
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The following is a reformatted version of the full text of the statement released today by the Bank of Japan in Tokyo.
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Nestle SA, General Electric Co and Berkshire Hathaway Inc are among firms poised to benefit from a consumer-lead “revival” in emerging markets, said Abbas Zuaiter, co-founder of Zuaiter Capital Holdings and former chief operating officer of George Soros’s family office.
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President Barack Obama, turning the U.S. strategic focus to Asia, will meet Chinese President Xi Jinping next month in their first face-to-face talks since China’s power transition ended in March.
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Coca-Cola Femsa SAB, Comision Federal de Electricidad, Grupo Financiero Inbursa SAB, Grupo Famsa SAB and Kimberly-Clark de Mexico SAB are among issuers that plan to sell bonds in Mexico’s debt markets.
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U.K. stocks climbed to a five-year high, extending the benchmark FTSE 100 Index’s fourth straight weekly advance, as banks and mining companies rallied and U.S. consumer confidence topped forecasts.
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European stocks climbed to their highest level in almost five years as a report showed that U.S. consumer confidence rose more than economists had predicted, while banks and carmakers increased.
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