Business articles

Coca-Cola profits fall as it touts healthier drinks

Coca-Cola saw profits drop sharply due to sales of bottling facilities as it moved to expand offerings of low-sugar and non-carbonated beverages amid flagging demand for sweet sodas, the company said Wednesday.

British economy grows 0.3% in second quarter

Britain’s economy grew by 0.3 percent between April and June, a slight increase compared with the first quarter of the year, the Office for National Statistics said on Wednesday.

Nintendo returns to profit on Switch

Nintendo said Wednesday it swung back to profit in the three months to June as the Switch console made more inroads into the global game market.

Peugeot-Citroen revs up profitability

French automaker Peugeot Citroen (PSA) said Wednesday it made a record net profit of 1.26 billion euros ($1.46 billion) in the first half of the year, boosting its operating margin to record levels despite increases in supply costs.

Trump lashes out at EU again on trade

President Donald Trump once again lashed out at the EU on Tuesday for what he called its “protectionist” trade practices, and indicated the United States will focus on a major deal with Britain.

Michael Kors buys Jimmy Choo for £900m

US fashion brand Michael Kors on Tuesday agreed to buy British shoemaker to the stars Jimmy Choo for almost £900 million ($1.2 billion, 1.0 billion euros).

Indian stocks hit record, break 10,000 barrier

India’s stock markets hit record highs on Tuesday with the National Stock Exchange’s much-watched Nifty index breaking the psychological 10,000 point mark for the first time as traders take heart from economic reforms.

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