Campbell Soup profit rises 71 pct
(Reuters) – Campbell Soup Co reported a 71 percent rise in quarterly profit, as more people bought soup during a spell of harsher-than-usual winter weather in the United States.
Stronger-than-expected Germany and France nudge up euro zone growth
BRUSSELS (Reuters) – Slightly stronger-than-expected growth in Germany and France pushed the euro zone’s recovery up a gear in the fourth quarter and offered potential for a more robust 2014, albeit with risks.
No appetite for big consumer goods? Try their suppliers
LONDON (Reuters) – As a slowdown in emerging markets takes the shine off shares in consumer goods makers like Nestle , Unilever , Danone and Procter & Gamble , hungry investors have been sampling more of the companies that supply them.
Ford European sales up 9.2 percent in January on German, UK demand
BERLIN (Reuters) – Ford increased European car sales by 9.2 percent in January, the eighth straight monthly gain, benefiting from strong demand in the region’s top markets Germany and the UK.
Russian retailer Lenta sets price range for share sale
MOSCOW (Reuters) – Russian hypermarkets chain Lenta, part-owned by U.S. private equity firm TPG , has set a price range for its planned London share market offer, valuing the company at up to $5 billion.
Improving euro zone growth lifts shares, euro
LONDON (Reuters) – Evidence of a gradual acceleration in euro zone growth put the region’s shares on course for their best week of the year on Friday and pushed the euro to a three-week high.
Euro zone recovery accelerates more than expected in fourth quarter
BRUSSELS (Reuters) – The euro zone economy grew more than expected in the last quarter of 2013 thanks to stronger expansion in its biggest countries France and Germany, the first estimate from the European Union’s Statistics Office showed on Friday.
VW sales gain in Europe, help to offset falls in U.S., Brazil
BERLIN (Reuters) – Volkswagen group sales grew at the highest rate in four months in January as deliveries in core European markets bounced back, offsetting double-digit declines in the United States and Brazil.
Wells Fargo edges back into subprime as U.S. mortgage market thaws
(Reuters) – Wells Fargo & Co, the largest U.S. mortgage lender, is tiptoeing back into subprime home loans again.
China January inflation tame at seven-month low, producer prices extend slide
BEIJING (Reuters) – China’s consumer inflation hugged a seven-month low in January and showed no signs of accelerating anytime soon, a consolation for the government which may need to loosen policy should economic growth founder.
