Latest News Stories and Headlines

Sept 02 – Retailers’ August sales beat estimates, as bargain shoppers did some back to school shopping. Jill Bennett reports.

New website empowers consumers to fund fashion designer’s collections and give feedback on their favorite items. Sharon Reich reports.

Sept. 2 – Friday’s August non-farm payrolls report is expected to reflect fading census hires, state and local layoffs and a reluctance by firms to add staff.

Sept. 2 – Reuters Breakingviews U.S. Editor Rob Cox says 3G’s successful experience with consumer businesses like beer-maker InBev could bode well for Burger King’s future and their global market potential.

Sept. 2 – The European Central Bank left interest rates unchanged at 1 percent and extended its liquidity safety-net on worries about vulnerable banks.

Sept 2 – Burger King Holdings agrees to be bought at a 46% premium to it’s pre-rumor price by investment firm 3G Capital.Bobbi Rebell reports.

Sep. 02 – Millions of public sector workers strike in South Africa having rejected a government pay deal.

Sep.02 – Spanish retailer Zara begins selling its fashion collection online.

Basmah Fahim, Reuters.

Sep.02 – Europe’s number two electricals retailer DSG International has met forecasts for first-quarter sales, with trade boosted by strong demand for TVs to watch the soccer World Cup.

Andrew Potter, Reuters

Sep 2 – The Philippine tourism industry suffers blow following deadly hostage-taking.

Sept 2 – Fears about food inflation across the globe are growing – global meat prices have hit a 20-year high and UK shoppers are among many being warned there could be tough times ahead. Hayley Platt reports.

Sep.02 – The wireless music hardware company Sonos has announced a partnership with the music streaming service Spotify for its premium users in Europe.

Matt Cowan, Reuters.

Sep 2 – Asian shares move higher, taking heart from signs that U.S. manufacturing activity was on the rise and Chinese car sales. Dan Sloan reports.

Sep 2 – Sony says it’s optimistic about European recovery and the outlook for the year-end sales season.

Sep.02 – Navis joins other bidders for some of retailer Carrefour’s SouthEast Asian assets.

Basmah Fahim, Reuters.

Sep 01 – Growth in the U.S. manufacturing sector surprisingly quickened pace in August, fueling hopes the labor market will pick up in the not-so-distant future. Conway G. Gittens reports.

Sep.01 – Premier League clubs are spending less in the summer player transfer window as cash-strapped clubs seek to balance their books.

Sept. 1 – European factories are struggling to maintain growth, China considers anti-monopoly enquiry into BHP/Potash deal and BMW looks to China.

Sept. 1 – Manufacturing in the euro zone expands at its slowest rate since February.

Sept. 1 – BMW says it is looking to China and the US for further growth and hoping to save 100 million euros a year through a purchasing cooperation with rival Daimler.

Sept. 1 – China may launch an anti-monopoly enquiry into BHP’s 39 billion U.S dollar bid for Canada’s Potash, said a Chinese newspaper report.

Sep 1 -China’s manufacturing rebound and better-than-expected Australian growth boost Asian share markets. Dan Sloan reports.

Japan’s Panasonic sees a 3D TV price war ahead, saying over-ambitious sales targets have left manufacturers with a glut of panels.

Aug.31 – Greek officials warn thousands of small businesses are at risk of closing leading to a rise in unemployment.

Aug.31 – As the International Cricket Council and British police investigate three Pakistan players accused of corruption, questions are being asked about how widespread corruption is in the game.