Daily Digit: 43.8 gallons of soda
Americans gobbled an average 43.8 gallons of soft drinks last year and Pepsi is rethinking U.S. pricing to discourage holiday-discount hoarding. Conway G. Gittens reports.
REUTERS BUSINESS - THU MAY 23, 1:04PM CDT
Activists from the charity Platform protest outside Royal Dutch Shell's shareholder meeting in London. As Hayley Platt reports they blame Shell for mass pollution in the Niger Delta.
REUTERS BUSINESS - THU MAY 23, 12:38PM CDT
Young technology entrepreneurs have been the winners in several massive deals in recent months including this week's Tumblr sale to Yahoo. A UK firm has seen the potential. Freeformers runs a scheme to get teenagers creating computer programmes instead of just playing games. Joanna Partridge reports
REUTERS BUSINESS - THU MAY 23, 11:16AM CDT
The downturn across euro zone businesses has eased slightly but a dearth of new orders offers little hope for the second quarter. As ECB boss Mario Draghi prepares for a keynote speech in London many are asking whether it's time to do more than cut interest rates? Kirsty Basset reports.
REUTERS BUSINESS - THU MAY 23, 8:04AM CDT
Concern the U.S. Federal Reserve's may scale back its monetary stimulus and weak Chinese factory data trigger a sharp selloff in world share markets and sends assets perceived by investors as safe haven, like the Japanese yen and German bonds, higher. Ciara Sutton reports
REUTERS BUSINESS - THU MAY 23, 7:50AM CDT
Swiss pilots seeks to make flight history by setting a new distance record on their solar-powered plane. Jessica Gray reports.
REUTERS BUSINESS - THU MAY 23, 7:47AM CDT
The plain-vanilla personal computer industry may be hurting, but Lenovo is still raking in the cash. So what is the Chinese giant's secret formula? Watch and find out.
REUTERS BUSINESS - THU MAY 23, 4:37AM CDT
China’s economy shows fresh signs of faltering, with an advance reading of manufacturing output shrinking for the first time in seven months. That may worry trading partners--but not its leaders.
REUTERS BUSINESS - THU MAY 23, 3:38AM CDT
Summary of business headlines and recap of trading action on Wall Street and across Europe. Conway G. Gittens reports.
REUTERS BUSINESS - WED MAY 22, 5:18PM CDT
Federal Reserve Chairman Ben Bernanke put to rest fears of a near-term pullback on the Fed's aggressive monetary policy, and doesn't think recent stock market gains are fueling a bubble. Bobbi Rebell reports.
REUTERS BUSINESS - WED MAY 22, 1:00PM CDT
Growing concern in European capitals about aggressive tax avoidance by high-profile corporations such as Amazon, Google and Apple steals the agenda of a European Union summit in Brussels. Ciara Sutton reports.
REUTERS BUSINESS - WED MAY 22, 12:30PM CDT
The IMF has called on Britain's government to do more to speed up slow economic recovery, hinting that the country might be able to afford to borrow more to fund investment. Joanna Partridge reports.
REUTERS BUSINESS - WED MAY 22, 11:18AM CDT
Sony’s board says it will assess a proposal from major shareholder Daniel Loeb to sell up to a fifth of the group’s money-making entertainment arm. It’s a radical idea for corporate Japan where change doesn’t come easy. Hayley Platt reports.
REUTERS BUSINESS - WED MAY 22, 9:24AM CDT
Japan's government seeks to boost economy by restarting nuclear facilities as power plants scamble to improve safety measures. Jessica Gray reports.
REUTERS BUSINESS - WED MAY 22, 8:15AM CDT
Pope Francis is again making headlines around the globe for his economic views. As Ciara Sutton reports he criticised "savage capitalism" during a visit to a food kitchen.
REUTERS BUSINESS - WED MAY 22, 7:18AM CDT
Safety review underway at a mine in Indonesia after a tunnel collapse now known to have killed at least 28 people. Paul Chapman reports.
REUTERS BUSINESS - WED MAY 22, 5:26AM CDT
North Korea opens new shipping route to bring Chinese tourists to the coastal Mount Kumgang resort. Paul Chapman reports.
REUTERS BUSINESS - WED MAY 22, 5:26AM CDT
Japan’s property sector has been down in the dumps for decades. But the country's massive stimulus drive is finally convincing people to buy again as they bet interest rates and prices will rise.
REUTERS BUSINESS - WED MAY 22, 4:36AM CDT
A surge in construction and rising property prices have been good news for China's growth figures, says Breakingviews' John Foley, but may not be able to support them for much longer.
REUTERS BUSINESS - WED MAY 22, 3:52AM CDT
Summary of business headlines: Stocks rally after New York Fed President William Dudley says stimulus will stays in place due to economic uncertainty; retailers post mostly upbeat results; Microsoft debuts xBox One; Jamie Dimon keeps both titles. Conway G. Gittens reports.
REUTERS BUSINESS - TUE MAY 21, 5:29PM CDT
J.P. Morgan shareholders have rejected a proposal to split Jamie Dimon's dual roles as Chairman and CEO. Bobbi Rebell reports.
REUTERS BUSINESS - TUE MAY 21, 5:25PM CDT
Microsoft took the wraps its next-generation Xbox- featuring an exclusive "Halo" series produced by Steven Spielberg . Bobbi Rebell reports.
REUTERS BUSINESS - TUE MAY 21, 5:14PM CDT
Apple CEO Tim Cook tells lawmakers "we are a proud American company" but the U.S. tax code has not kept up with the digital age, leading Apple to keep billions of dollars offshore, a practiced which is being criticized for avoiding U.S. tax payments. Conway G. Gittens reports.
REUTERS BUSINESS - TUE MAY 21, 4:45PM CDT
Nick Buckles, the CEO of G4S - the British outsourcing group which oversaw a staffing fiasco at the London Olympics, is stepping down after a string of high-profile setbacks and a profit warning that damaged investor confidence. Ciara Sutton reports
REUTERS BUSINESS - TUE MAY 21, 11:37AM CDT
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