Coca-Cola near deal for organic juice company Suja: sources
(Reuters) – Coca-Cola Co is nearing a deal to buy a minority stake in U.S. organic juice company Suja Life LLC, people familiar with the matter said on Friday, as the soft drink giant tries to identify the next big hit with consumers.
China’s July exports slump 8 percent, raises pressure for more stimulus
BEIJING/SHANGHAI (Reuters) – Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world’s second-larges…
Shipping: Oil tankers sheltered from gas, dry bulk weakness
(Reuters) – Maritime stocks have broadly fallen this year as weak demand for some commodities and goods in Asia and oversupply of ships have hurt much of the industry, with one notable exception: Oil tankers have been doing a booming business and their…
Twitter considers board shakeup, may include exit of Costolo: Bloomberg
(Reuters) – Twitter Inc’s board is weighing a shakeup that could involve the exit of former Chief Executive Dick Costolo, Bloomberg reported, citing people familiar with the matter.
EU officials note progress in Greek bailout talks, deal possible next week
BRUSSELS/ATHENS (Reuters) – Greece is on track to complete a draft deal on a third bailout by Tuesday and possibly get a first disbursement by Aug. 20 to meet a key payment, sources familiar with a conference call of senior EU finance officials late on…
Berkshire profit falls 37 percent on investment, insurance slump
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said on Friday its second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an underwriting loss from insurance operations, which include Geico.
Wall Street now thinks Fed hike in September will be 2015’s only move: Reuters poll
NEW YORK (Reuters) – Top Wall Street banks still expect the Federal Reserve to raise interest rates in September, but a growing number now believe the central bank is likely to only hike once this year, a Reuters poll found on Friday.
Wall St. drops as jobs report augurs for September rate hike
(Reuters) – U.S. stocks ended lower on Friday after solid job growth data for July pried the door open a little wider for a potential interest rate hike by the Federal Reserve in September.
Solid U.S. jobs report bolsters case for Fed rate hike
WASHINGTON (Reuters) – U.S. employment rose at a solid clip in July and wages rebounded after a surprise stall in the prior month, signs of an improving economy that opened the door wider to a Federal Reserve interest rate increase in September.
Oil down, heads for 6th weekly loss on gasoline glut
NEW YORK (Reuters) – Crude oil dipped on Friday, plumbing multi-month lows and heading for a sixth straight week of losses, as the approaching end of the U.S. summer driving season suggested a growing surplus in gasoline supply.
