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COPENHAGEN, DENMARK: Danish conglomerate A.P. Moeller-Maersk reported a drop in net profit and sales in the first quarter of 33% and blamed its performance on the sluggish economies in North America and Europe.
COPENHAGEN, DENMARK: The European Union has given the green light for the sale of a medication that will help quench the urge for alcoholics to drink, the companies behind the new treatment said Thursday (28 February).
LONDON, UK: North America's switch on to energy efficiency has driven their position in the global renewable M&A market in the last 12 months, and could act as a driver for the region to become the dominant renewables market within three years, according to new analysis by PwC. In Europe, however, regulatory uncertainty clouds European deals.
LONDON, UK: Despite huge growth in China, the market for luxury retail in Europe will remain the most lucrative in the world and will grow by nearly US$60 billion (about R431 billion) to be worth US$175 billion (about R1257 billion) by 2015 finds Verdict, one of the Datamonitor group of companies.
Published by Verdict 9 Feb 2011
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.