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U.S. Consumer Spending Soft, Inflation Benign As Economy Slows

U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowe...

Tesco Chief Executive Lewis Calls For Online Sales Levy

Tesco's chief executive, Dave Lewis, has called for the introduction of an online sales levy that could help reduce business rates and level the "tax...

LetterOne Mulls Loan, Starts Talks Over Debt In Bid For Spain's DIA

Russian tycoon Mikhail Fridman's LetterOne (L1) investment fund would consider injecting capital into Spanish retailer DIA if other shareholders accept its...

Unilever To Pick 'Trusted Publishers' For Digital Advertising

Unilever, one of the world's biggest advertisers, will pick a network of "trusted publishers" with which to spend most of its marketing budget, i...

Grain Trade Regional Tie-Ups Likely In Preference To Mega-Deals: LDC

The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants...

Brexit Concerns Increased 'Made in Italy' Exports To The UK In January: Coldiretti

Due to fears over Brexit, exports of 'Made in Italy' agrifood products to Great Britain increased by 17.3% in January, reaching a high of €243 million...

Irn-Bru Maker Says Almost All Drinks Now Exempt From Sugar Tax

Irn-Bru maker A.G.Barr Plc has said that almost all of its soft drinks are now exempt from a sugar tax levied by Britain which sent beverage makers scuttli...

Indonesia Pushes Palm Oil Firms To Take Legal Action Against EU

Indonesia's government has said it will encourage the country's palm oil companies to file lawsuits against the European Union if the bloc goes ahead with...