U.S. import prices rise less than expected, inflation pressures tame
WASHINGTON (Reuters) – U.S. import prices rose less than expected in July as an increase in the cost of petroleum was offset by the biggest drop in the price of non-petroleum goods in nearly 4-1/2 years, pointing to benign inflation pressures.
New York Times chairman sells some of his shares
(Reuters) – New York Times Co Chairman Arthur Sulzberger Jr. has sold some of his shares in the company.
New York Times chairman sells some of his shares
(Reuters) – New York Times Co Chairman Arthur Sulzberger Jr. has sold some of his shares in the company.
U.S. small business confidence rises in July
WASHINGTON (Reuters) – U.S. small business optimism rose in July, with owners anticipating an improvement in sales and earnings, which could bolster hopes of an acceleration in economic activity in the second half of the year.
Flowers Foods beats estimates as acquisitions boost sales
(Reuters) – Flowers Foods Inc , the No. 2 U.S. baking company, reported better-than-expected second-quarter results, driven by its recent acquisitions of Lepage Bakeries and some of Sara Lee’s bread brands in California.
Global shares, dollar up as investors bet on strong data
LONDON (Reuters) – Evidence that Europe’s economy is finally picking up steam pushed the region’s shares to a 2-1/2 month high on Tuesday, lifted the euro and left safe-haven German government bonds under pressure.
Yum feeling the heat in China as July sales tumble
LOS ANGELES/SHANGHAI (Reuters) – The heat seems to be getting to KFC parent Yum Brands Inc in China, after the fast-food chain saw China sales slide in July, with some market watchers saying a lack of focus on cooling drinks and ice cream meant diners …
German investor morale brightens as euro zone picks up
MANNHEIM, Germany (Reuters) – German analyst and investor sentiment climbed more than expected in August, a leading survey showed on Tuesday, suggesting Europe’s largest economy is gradually regaining momentum after suffering a contraction in late 2012…
German investor morale brightens as euro zone picks up
MANNHEIM, Germany (Reuters) – German analyst and investor sentiment climbed more than expected in August, a leading survey showed on Tuesday, suggesting Europe’s largest economy is gradually regaining momentum after suffering a contraction in late 2012…
UK inflation edges down in July but property prices pick up
LONDON (Reuters) – British consumer price inflation eased slightly in July, helped by lower airfares and clothing costs, but there were further signs of price pressures building in the property market.
