US

US Hits Scotch Whiskey, Italian Cheese, French Wine With 25% Tariffs

The Trump administration slapped 25% tariffs on French wine, Italian cheese and single-malt Scotch whiskey - but spared Italian wine, pasta and olive oil -...

Italy's illycaffè Sets Five Year Target For US Expansion

Italy's illycaffè could reach its goal of opening 200 cafes in the United States within five years as part of a broader drive to expand its business...

Illycaffè Seeks US Retail Partner To Expand Its Coffee Cafe Network

Premium coffee maker illycaffè is ready to sell a stake in the Italian company to a strategic partner to help it boost its retail network,...

US Consumer Confidence Plunges In September

US consumer confidence fell by the most in nine months in September, far more than expected, as Americans' economic outlooks darkened in the face...

Portuguese Chocolate Brand Expands US Distribution

Portuguese confectionery firm Casa Grande has signed an agreement with Amazon that will see the distribution of its chocolates across the Whole Foods super...

Amazon's Share Of CPG E-Commerce Falls As Rivals Make Gains: Nielsen

New data from Nielsen has found that Amazon's share of the overall CPG e-commerce market has fallen as rival operators make gains, however, the Seattle-bas...

Walmart Raises Earnings Forecast For Year After Jump In Q2 Sales

US retailer Walmart Inc reported an estimate-beating jump in second-quarter US comparable sales on Thursday as shoppers boosted purchases at its stores and...

Shipping Giant Maersk Warns Trade War Could Hurt Container Business

A.P. Moller-Maersk beat second-quarter profit expectations to send the shipping group's shares up almost 7% in early trade on Thursday but warned a trade w...