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AFRICA INVESTMENT-Africa's emerging middle class drives growth and democracy
ReutersBy Pascal Fletcher JOHANNESBURG, May 10 (Reuters) - After years of headlines about Africa's poverty, its emerging middle class is now grabbing attention as a driver of growth and democracy and an expanding pool of consumers for market-hungry retailers....Tags: Politics, Poverty, International Economic Institution, Africa, Services and Shopping
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WRAPUP 1-Mexico industrial output plummets, cenbank worried on growth
Reuters* Industrial output plummets 4.9 percent compared to last year * Fall is largest annual decline since October 2009 * Central bank sees downside growth risks By Alexandra Alper and Michael O'Boyle MEXICO CITY, May 10 (Reuters) - Mexican industrial...Tags: Central Bank, Industrial Production, North Africa, Productivity, Money and Monetary Policy
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Rising incomes buoy profits at Rwandan brewer Bralirwa
ReutersKIGALI, May 10 (Reuters) - Rwandan brewer Bralirwa reported a 30 percent rise in net profit for 2012 on Friday, citing rising demand from a growing number of people with middling or higher incomes in the fast-growing nation once devastated by genocide....Tags: Genocide, Unrest, Conflicts and War, Massacres, Coca-Cola Co., Rwanda
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China auto sales up 13% in April as consumer market expands inland
China's consumer auto buying, once largely confined to more affluent coastal areas, has begun to spread to inland areas, helping boost April sales in the world's largest market by 13%, experts said. Chinese consumers bought 1.4 million cars in April,...
Tags: China, Services and Shopping, Cadillac, Passenger Cars, Petroleum Industry
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Bank of England holds fire as policymakers await Carney
ReutersLONDON (Reuters) - The Bank of England decided against pumping more stimulus into Britain's fragile economy on Thursday, as policymakers await the arrival of new governor Mark Carney amid signs that a slow recovery may be taking hold. The central bank...Tags: Politics, European Central Bank, Weather, Government, National Government
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INSIGHT-Bangalore on Tagus? Portugal outsourcing gets reforms boost
Reuters* Outsourcing sector defies recession in Portugal * Global leaders in Portugal, Portuguese firms expand abroad * Bailout reforms, incentives to benefit outsourcing firms * Language skills, location, networks are key advantages By Andrei Khalip...Tags: Labor Legislation, Politics, Heads of State, Cisco Systems Inc., Economic Indicator
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Coca-Cola anti-obesity promises include no advertising to kids
Coca-Cola is making major promises to fight obesity – ceasing advertisements directed at kids, slapping calorie counts on all its packaging – as the soda giant stares down a rising tide of concern over sugar-stuffed beverages. On Wednesday,...
Tags: Obesity, Physical Fitness and Exercise, PepsiCo Inc., Weight, New Products
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Analysts raise Groupon price targets after strong N.America sales
ReutersMay 9 (Reuters) - Groupon Inc shares were set to open about 11 percent higher on Thursday after the daily deals company reported a strong quarter for its North American business, prompting at least four brokerages to raise their stock price targets. Some...Tags: Corporate Officers, Prices, Economy, Business and Finance, Marketing, Companies and Corporations
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ANALYSIS-"Dead money" for shareholders a pall over investment hopes
ReutersBy Natsuko Waki LONDON, May 9 (Reuters) - A growing trend for companies to return some of their huge cash piles to shareholders rather than using the money to expand their businesses could spell trouble for the global economy. Their reluctance to invest...Tags: Stock Activities, Companies and Corporations, Economic Indicator, Standard & Poor's Financial Services LLC, Investment Service
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Key lawmaker: House will be 'more thoughtful' on Internet sales tax
WASHINGTON -- A key House committee chairman said his panel would take a "more thoughtful" approach to legislation allowing states to force retailers to collect sales taxes on Internet purchases. His comments signaled that momentum from Monday's easy...
Tags: Justice System, Politics, E-Commerce Industry, Republican Party, Amazon.com Inc.
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COLUMN - Is Europe losing faith in the EU?
ReutersBy Frederick Kempe May 7 (Reuters) - Happy Europe Day! If you don't know May 9 is Europe Day, then you find yourself in good company with a majority of Europeans. Even in the most buoyant time, this holiday - marking the Schumann Declaration,...Tags: Politics, State of the Union Address, Economy, Business and Finance, Germany, International Organizations
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Harris: SEC investigating allegations of bribery by onetime Chinese unit
Investigators with the Securities and Exchange Commission and U.S. Department of Justice are looking into possible bribery activity by a Chinese health-care technology operation formerly owned by Harris Corp., the Melbourne-based company said in a...
Tags: Justice System, Harris Corp., Punishment, Bribery, U.S. Department of Justice
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Reuters
May 10, 2013
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May 9, 2013
|Story| Los Angeles Times
May 9, 2013
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May 9, 2013
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May 8, 2013
|Story| Los Angeles Times
May 9, 2013
|Story| Reuters
May 9, 2013
|Story| Reuters
May 7, 2013
|Story| Los Angeles Times
May 7, 2013
|Story| Reuters
May 6, 2013
|Story| Orlando Sentinel
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