DIRS.INFO The most relevant business & tech news

☆ French cognac makers surge as Macron hints at cooling of China trade dispute
▼ + stars: | 2024-05-07 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

French President Emmanuel Macron (R) shakes hands with Chinese President Xi Jinping after delivering a joint statement at the Elysee Palace, as part of the Chinese president's two-day state visit in France, in Paris on May 6, 2024. The French president his Chinese counterpart for a state visit on May 6, 2024, seeking to persuade the Chinese leader to shift positions over Russia's invasion of Ukraine and also imbalances in global trade. (Photo by Sarah Meyssonnier / POOL / AFP) (Photo by SARAH MEYSSONNIER/POOL/AFP via Getty Images)Shares of several French cognac makers rallied on Tuesday after France's President Emmanuel Macron suggested that trade tensions between China and the European Union, which could impact the drinks makers, may ease. France's Macron on Monday addressed the ongoing trade dispute with Chinese President Xi Jinping and gifted him a top-range bottle of French cognac which reportedly retails at over $3,200. "I thank the president for his open attitude regarding provisional measures on cognac and for his wish not to implement them," Macron said in a press conference on Monday.

Persons: Emmanuel Macron, Xi Jinping, Sarah Meyssonnier, SARAH MEYSSONNIER, Pernod Ricard, Remy Cointreau, France's Macron, Macron Organizations: Getty, European Union Locations: France, Paris, Ukraine, China, Europe

☆ We got a 2.6% mortgage rate this year to buy our first home. Here's how we did it.
▼ + stars: | 2024-03-06 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

An assumable mortgage allows qualifying buyers to acquire the interest rate, current principal balance, and other conditions of a seller's existing loan. AdvertisementGrace: An assumable mortgage is not a new loan, you're just taking over the owner's loan term and interest rate. Grace: We talked about the assumable mortgage for about a day and decided we were going to go for it. He put us in contact with an assumable loan expert, Mark McDonough, and he quickly became one of the most important people on our side. AdvertisementNow that our assumable mortgage is saving us about $2,000 each month, it makes the stress a little less because we have the option of having more money available.

Persons: —, Grace Lucchese, Mickey Ricard, Mickey, Ricard, It's, Mickey's, Grace Lucchese Mickey, Grace, Mark McDonough, they'd, Mark, Paul, We're, Grace Lucchese Grace, We've Organizations: Service, Business, Lucchese Locations: Westford , Massachusetts, Massachusetts, Lawrence, Framingham, Sudbury, Boston, The couple's Massachusetts

☆ 'No plan B' for Paris opening ceremony after knife attack - sports minister
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

Olympic rings to celebrate the IOC official announcement that Paris won the 2024 Olympic bid are seen in front of the Eiffel Tower at the Trocadero square in Paris, France, September 14, 2017. REUTERS/Christian Hartmann/File Photo Acquire Licensing RightsDec 4 (Reuters) - There is no "plan B" for the opening ceremony of the Paris 2024 Olympic Summer Games, the French sports minister said on Monday, after a man armed with a knife and hammer killed a German tourist and left two people wounded near the Eiffel Tower on Saturday. "We have no plan B, we have a plan in which there are several sub-plans with a certain number of adjustment variables," Amelie Oudea-Castera told France Inter radio. The attack occurred on the Quai de Grenelle - a spot also included in the plans for the opening ceremony. Reporting by Piotr Lipinski and Tassilo Hummel Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Persons: Christian Hartmann, Amelie Oudea, Castera, Jean, Francois Ricard, Pont, Tony Estanguet, Piotr Lipinski, Tassilo Hummel, Bernadette Baum Organizations: IOC, Paris, REUTERS, France Inter, Islamic, Games, Thomson Locations: Paris, France, Islamic State, Grenelle, Chechen, Israel

☆ 'No Plan B' for Paris Opening Ceremony After Knife Attack -Sports Minister
▼ + stars: | 2023-12-04 | by ( Dec. | At A.M. | ) www.usnews.com time to read: +2 min

(Reuters) - There is no "plan B" for the opening ceremony of the Paris 2024 Olympic Summer Games, the French sports minister said on Monday, after a man armed with a knife and hammer killed a German tourist and left two people wounded near the Eiffel Tower on Saturday. "We have no plan B, we have a plan in which there are several sub-plans with a certain number of adjustment variables," Amelie Oudea-Castera told France Inter radio. The 26-year-old suspect, a French national arrested after the attack, had pledged allegiance to Islamic State in a video recorded beforehand, anti-terrorism Prosecutor Jean-Francois Ricard said on Sunday. The attack occurred on the Quai de Grenelle - a spot also included in the plans for the opening ceremony. France has been on high alert since raising its security threshold in October, when a Chechen-origin man with a knife killed a teacher in a school in northern France.

Persons: Amelie Oudea, Castera, Jean, Francois Ricard, Pont, Tony Estanguet, Piotr Lipinski, Tassilo Hummel, Bernadette Baum Organizations: Reuters, Paris, France Inter, Islamic, Games Locations: Islamic State, Grenelle, France, Chechen, Israel

☆ Stock Market Today: Dow Futures Gain, Gloom Stalks European Luxury
▼ + stars: | 2023-11-10 | by ( ) www.wsj.com time to read: +1 min

Another Treasury-market headache: the hack of a U.S. arm of China’s biggest bank , ICBC, which facilitates trading in U.S. government debt. Stock futures were mixed. Two reports—one from Cartier owner Richemont, the other from booze giant Diageo—suggested global consumers are pulling back on spending as economies slow. The cryptocurrency has rallied on hopes the U.S. will approve bitcoin exchange-traded funds, and logged its highest end-of-day level Thursday since May 2022. Hong Kong’s Hang Seng Index fell almost 2%, while shares in Europe also declined.

Persons: Bond, wobbles, Jerome Powell, Richemont, Diageo —, Pernod Ricard, Gucci Organizations: Federal, Treasury, Dow, Nasdaq, Diageo Locations: U.S, ICBC, Cartier, Europe

☆ Kahlúa created a $105 fragrance that smells like an espresso martini
▼ + stars: | 2023-11-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —For those that can’t get enough of espresso martinis, there’s now a gift that smells like the iconic cocktail that’s experiencing a resurgence for its 40th birthday. Absolut Vodka and Kahlúa coffee liqueur, two spirits that are often mixed to create an espresso martini, are releasing a $105 fragrance called “Blend No. The espresso martini is a mix of vodka, coffee liqueur and espresso. The rise of espresso martinis has made the 87-year-old brand more appealing to younger drinkers, according to Rima Sawaya, Kahlúa’s brand director. “The elegance of the espresso martini elevates your cocktail experience at a bar or restaurant, and it also serves as an impressive after-dinner cocktail when entertaining guests at home.”

Persons: there’s, Absolut, ”, McDonald’s, Dick Bradsell, Pernod, Rima Sawaya, Lisa Hawkins Organizations: New, New York CNN, KFC, Pernod Ricard, “, CNN, Council Locations: New York, London, Manhattan

Bottles of Ricard's aniseed-flavoured beverage are pictured at the Ricard manufacturing unit in Lormont, near Bordeaux, France February 15, 2019. REUTERS/Regis Duvignau/File Photo Acquire Licensing RightsPARIS/LONDON, Oct 19 (Reuters) - French spirits maker Pernod Ricard (PERP.PA) said on Thursday it expected to grow sales over the coming year, despite a difficult first quarter marred by big drops in sales in the United States and China. Pernod struggled as a tough economy in China dampened demand and amid inventory adjustments in the United States, where sales are also normalising after a post-COVID surge. "I am confident that we can deliver broad-based and diversified sales growth in FY24," Ricard said in a statement. But, he continued, it's not clear to what degree there will have been improvement in the economic environment hurting Pernod's performance right now.

Persons: Regis, Pernod Ricard, PERP.PA, Pernod, Alexandre Ricard, Ricard, Martell, Mumm, Pernod's, Bernstein, Trevor Stirling, it's, Helene de Tissot, Dominique Vidalon, Emma Rumney, Sherry Jacob, Phillips, Mark Potter Organizations: Ricard, REUTERS, Diageo, Thomson Locations: Lormont, Bordeaux, France, LONDON, United States, China, India, Americas, Paris, London

☆ Suspect in killing of French teacher put under formal investigation
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

French police and firefighters stand in front of the Gambetta-Carnot school, where French teacher Dominique Bernard was killed in a knife attack on Friday, after the school was evacuated following a bomb alert in Arras, northern France, October 16, 2023. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsPARIS, Oct 18 (Reuters) - A 20-year-old man suspected of stabbing a teacher to death and wounded three people at a French school has been placed under formal investigation for murder in connection with a terrorist organisation, the anti-terrorism prosecutor's office said. The main suspect in the Friday attack, known as Mohammed M, had pledged allegiance to the Islamic State group, anti-terrorism prosecutor Jean-Francois Ricard said before the man was placed under investigation on Tuesday evening. Mohammed M's 16-year old brother was put under formal investigation for complicity in murder in relation with a terrorist organisation and their cousin was put investigation for voluntarily abstaining from preventing a crime, the office said in a statement on Wednesday. Reporting by Dominique Vidalon; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Persons: Gambetta, Carnot, Dominique Bernard, Pascal, Mohammed M, Jean, Francois Ricard, Mohammed M's, Gerald Darmanin, Dominique Vidalon, Robert Birsel Organizations: REUTERS, Rights, Islamic State, Thomson Locations: Arras, France, Israel

☆ Read the Notion memo Dharma, a travel startup that crafts travel experiences for creators and brands, used to raise $4.7 million
▼ + stars: | 2023-10-17 | by ( Marta Biino | ) www.businessinsider.com time to read: +2 min

Dharma, a travel startup that plans and sells trips hosted by creators and brands, recently announced $4.7 million in pre-Series A funding. Dharma cofounder and CEO Charaf El Mansouri told Insider the company aims to support creators and brands in organizing exclusive travel experiences by dealing with operations and liaising with local travel operators as needed. "By definition, I'm a yoga teacher, not a professional travel manager. The company's big challenge ahead, which the funds from the raise will be used for, is to achieve scale. Here is the 17-page Notion memo that the cofounders used to raise $4.7 million.

Persons: Stephen Ross, Matt Higgins, Eric Cantona, Charaf El Mansouri, Dharma, Emily, Kelsey Wells, Pernod, El Mansouri Organizations: San, Convivialite Ventures, FJ Labs, Tank, Paramount Global, Netflix, Pernod Ricard Locations: San Francisco, Paris, El

☆ Suspect in Fatal Stabbing of French Teacher Pledged Allegiance to Islamic State -Prosecutor
▼ + stars: | 2023-10-17 | by ( Oct. | At A.M. | ) www.usnews.com time to read: 1 min

PARIS (Reuters) - A 20-year-old man who fatally stabbed a teacher and wounded three others in an attack at a school in the French city of Arras on Oct 13 pledged allegiance to the Islamic state, said French anti-terrorism prosecutor Jean-Francois Ricard.

Persons: Jean, Francois Ricard Organizations: PARIS Locations: French, Arras

☆ An Absolut Vodka and Sprite canned cocktail is coming next year
▼ + stars: | 2023-10-16 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

The new cocktail will contain a mix of Absolut Vodka and Sprite, the companies said. The drink will be available in two versions with Sprite and Sprite Zero Sugar. The announcement didn't say when the Absolut and Sprite drinks would hit the U.S. market. "We are excited about our new relationship with Pernod Ricard and look forward to the introduction of Absolut & Sprite." Vodka is already one of the most popular bases for alcoholic ready-to-drink beverages, and lemon-lime soft drinks such as Sprite are one of the most popular mixers in premixed cocktails.

Persons: Pernod Ricard, Jack, James Quincey Locations: United Kingdom, Netherlands, Spain, Germany

☆ Absolut Vodka and Coke's Sprite to combine in canned cocktail
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

[1/2] A Coca-Cola logo is pictured during an event in Paris, France, March 21, 2019. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - Absolut Vodka and lemonade drinkers will soon be able to sip their preferred cocktail from a can, after drinks makers Pernod Ricard (PERP.PA) and Coca-Cola (KO.N) agreed to a pre-mixed version made from the spirit combined with Sprite. France's Pernod and Coke said on Monday the Absolut & Sprite canned cocktail will be launched in select European markets, including Britain, the Netherlands and Spain, from early 2024. The cans will feature two of the world's most recognisable trade marks, the companies said. Reporting by Emma RumneyOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Pernod Ricard, Coke, Jack Daniels, Emma Rumney Organizations: REUTERS, Thomson Locations: Paris, France, Britain, Netherlands, Spain

Sept 20 (Reuters) - Consumer goods firms like Nestle (NESN.S), Lindt (LISN.S) and Unilever (ULVR.L) may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say. France is a crucial country for consumer goods companies, having long outstripped Germany, Italy, Spain and others as the European Union's biggest market for groceries by supermarket revenues, according to research firm IBISWorld. That means consumer groups will face pressure to rein back prices across the European Union. Because these supermarkets are in different countries and do not compete with one another, they often combine forces to negotiate with consumer goods makers. Consumer goods makers have for more than two years grappled with sky-rocketing input, supply chain and labour costs that they have either absorbed - taking a hit to margins - or passed on to retailers.

Persons: It's, Laurent Thoumine, Thoumine, Ferrero's, Pernod Ricard's Ricard, Systeme, Germany's, Switzerland's, Italy's, Philippe Michaud, Leclerc, Bruno Le Maire, Le Maire, Richard Saldanha, Lindt, Saldanha, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Consumer, Nestle, Unilever, Carrefour, PepsiCo, European, Reuters, European Union, Epic Partners, French Finance, Aviva Investors, Paris, Thomson Locations: Europe, France, Germany, Italy, Spain, Eurelec

☆ Singapore’s central bank boss faces a tough start
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

SINGAPORE, Sept 5 (Reuters Breakingviews) - Central banks pride themselves on being predictable. He is a former deputy to Menon, and currently a permanent secretary at the manpower ministry after spending 18 years in various stints at the central bank. He has led MAS’ financial stability assessment of the city state and completed a two-year secondment to the International Monetary Fund. During his 12-year term, he built up Singapore’s reputation as a global fintech hub and boosted its appeal as a leading financial centre. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Ravi Menon, Chia Der, There’s, Chia, Menon, Pernod Ricard, Una Galani, Katrina Hamlin Organizations: Reuters, Monetary Authority of, MAS, International Monetary Fund, X, Thomson Locations: SINGAPORE, Monetary Authority of Singapore, Singapore, China

☆ Lithium miners’ $4.3 bln dance is a two-way hedge
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +2 min

Albemarle's Chile country manager Ignacio Mehech shows an illustration of brines purification process to obtain lithium carbonate at their lithium plant placed on the Atacama salt flat, Chile, May 4, 2023. REUTERS/Ivan Alvarado Acquire Licensing RightsMELBOURNE, Sept 4 (Reuters Breakingviews) - On the surface, offering a near-100% premium for an as yet unproductive lithium miner may seem over the top. Dig down a bit, though, and U.S.-based Albemarle’s (ALB.N)A$6.6 billion($4.3 billion) sweetened all-cash offer on Monday for Australian rival Liontown Resources (LTR.AX) has financial merit, as well as offering each side a handy hedge. A plan by Chile’s government to nationalise lithium resources adds more reason for the deal. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Ignacio Mehech, Ivan Alvarado, Albemarle, Kathleen, Antony Currie, Pernod Ricard, Una Galani, Thomas Shum Organizations: REUTERS, Rights, Reuters, Liontown Resources, Alpha, X, Thomson Locations: Chile, U.S, Western Australia, EBITDA, Albemarle

☆ Fewer US temp jobs may flag longer lasting concern
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Sept 1 (Reuters Breakingviews) - A steady drop in the temporary worker employment is a concerning blight in an otherwise steady U.S. labor market. Companies that recruit and place temps tend to cut payrolls when the first signs of an economic slowdown emerge. The crest, at 3.2 million, occurred 17 months ago, in March 2022, signaling that weakness could be ahead. Although the jobless rate reached 3.8% in August, its highest since early 2022, there are few other glaring employment concerns. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Ben Winck, Pernod Ricard, Jeffrey Goldfarb, Sharon Lam Organizations: Reuters, Bureau of Labor Statistics, Companies, X, Thomson

☆ India's twin growth engines face turbulent weather
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Sept 1 (Reuters Breakingviews) - India’s gross domestic product grew 7.8% in the April to June quarter, its fastest pace in a year. The print preserves the South Asian nation’s title for the fastest-growing major economy, yet the eye-popping level may not sustain. A patchy monsoon and high food costs threaten the twin engines behind the latest headline figure. Meanwhile, El Nino weather conditions mean the winter agriculture crop could be as weak as the summer yield, keeping prices high for longer. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Narendra Modi’s, Modi, Shritama Bose, Pernod Ricard, Una Galani, Thomas Shum Organizations: Reuters, Tata Consultancy Services, Reserve Bank, India’s, X, Microsoft, Thomson Locations: MUMBAI, El Nino

☆ Thriving US makes Dollar General a tougher sell
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Aug 31 (Reuters Breakingviews) - The U.S. economy’s gain is shaping up to be Dollar General’s (DG.N) loss. Dollar General sales grew a record 16.3% when Covid-19 slammed the U.S. in 2020, but rose only 2.5% when the economy reopened in 2021. During the recession years of 2008 and 2009, sales grew 9% and 9.5%, respectively. Dollar General now reckons earnings in the year to January 2024 could fall as much as 34%, compared to a previous estimate of a drop of up to 8%. Dollar General’s valuation is still far from discounted.

Persons: Jeff Owen, Ben Winck, Pernod Ricard, Peter Thal Larsen, Sharon Lam Organizations: Reuters, Atlanta Federal, X, Microsoft, Thomson

☆ Pernod Ricard shares face a lengthy dry spell
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

A glass of cognac is pictured on a bar in the Manhattan borough of New York City, November 13, 2015. REUTERS/Mike Segar Acquire Licensing RightsLONDON, Aug 31 (Reuters Breakingviews) - Pernod Ricard (PERP.PA) shareholders have few reasons to cheer. The owner of Mumm champagne and Absolut Vodka said that China’s property crunch was making wholesalers cautious and keeping punters out of nightclubs. China has been a key source of growth for drink-makers: helped by Asia, Pernod Ricard’s sales outside of Europe and the Americas grew 17% in 2023. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Mike Segar, Pernod Ricard, Mumm, Remy Cointreau, Aimee Donnellan, Mukesh Ambani’s, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, Investors, Pernod, Diageo, X, Thomson Locations: Manhattan, New York City, U.S, China, Asia, Europe, Americas

☆ Microsoft swerves to avoid EU speeding ticket
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

Microsoft Teams app is seen on the smartphone placed on the keyboard in this illustration taken, July 26, 2021. Yet Microsoft has arguably created a lot more value using its market clout. Back in 2016, Slack was the hottest new product for helping office workers communicate with over 4 million users. Combining Teams with its Office 365 and Microsoft 365 software bundles gave the messaging and collaboration app a big leg up. Microsoft said on a call in April that Teams had over 300 million monthly users.

Persons: Slack, Robert Cyran, Pernod Ricard, Mukesh Ambani’s, Peter Thal Larsen, Sharon Lam Organizations: Microsoft, Reuters, Big Tech, European Union, Apps, X, Thomson Locations: Europe

☆ The ‘World’s Happiest Man’ Shares His Three Rules for Life
▼ + stars: | 2023-08-13 | by ( David Marchese | ) www.nytimes.com time to read: +8 min

Talk The ‘World’s Happiest Man’ Shares His Three Rules for LifeMatthieu Ricard is an ordained Buddhist monk and an internationally best-selling author of books about altruism, animal rights, happiness and wisdom. These skills take time.”It’s not the best thing to say, but I can easily imagine wanting certain people to suffer. That’s compassion; that’s being impartial. Marilyn Silverstone/Shechen ArchivesFor a while now, people have been calling you the world’s happiest man. If we try humbly, with some happiness, to enhance our benevolence, that will be the best way to have a good life.

Persons: Matthieu Ricard, Dalai Lama’s, ”, Ricard, ” It’s, Vladimir Putin, Putin’s, Saddam Hussein, I, Putin, Bashar al, Assad, Donald Trump, Dilgo Khyentse, Marilyn Silverstone, It’s, it’s, Dalai Lama, Philippe Lopez, “, Raphaële, David Marchese, Emma Chamberlain, Walter Mosley Organizations: of Merit, University of Wisconsin, French Senate, Agence France, Presse, Getty Images, Apple, YouTube, Cal Newport Locations: Dalai Lama’s French, Dalai, Paro, Bhutan, French, America

☆ F1 Academy: All 10 F1 teams to have drivers and liveries for 2024 season in all-female single-seater series
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: +2 min

Formula 1 Academy 2023 drivers line up for a group photo at the Red Bull Ring on April 27, 2023 in Spielberg, Austria. All 10 current Formula 1 teams will have one driver and have their livery on a car competing in the all-female F1 Academy from 2024. F1 Academy has five teams — ART Grand Prix, Campos Racing, MP Motorsport, PREMA Racing and Rodin Carlin — with three cars per team to make up a 15-driver grid. From next year, 10 of these drivers will be nominated by Formula 1 teams and each team will have their livery on one car. In 2024 the F1 Academy will join our race calendar, raising the awareness and profile of the series globally and to have the F1 liveries on the grid will be something very special."

Persons: Campos, PREMA Racing, Rodin Carlin —, Susie Wolff, Stefano Domenicali, Susie, Paul Ricard, Marta Garcia, Hamda Al Qubaisi, Lena Buhler, Garcia Organizations: Academy, F1, Prix, Campos Racing, Motorsport, Formula, F1 Academy, Circuit, F1 United States, Monza Locations: Spielberg, Austria, Americas, Hamda

☆ Remy Cointreau confident on H2 rebound after weak start to year
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

PARIS, July 25 (Reuters) - French spirits group Remy Cointreau (RCOP.PA) on Tuesday reported a fall in first-quarter organic sales, reflecting weaker U.S. demand, high year-ago comparables and destocking, and said it was banking on a sharp rebound in sales in the U.S. from the third quarter. The recovery in China, which makes 35% of group sales at par with the United States, was led by all cognac brands including CLUB, VSOP, XO and Louis XIII. During the COVID-19 pandemic, Remy Cointreau and rivals such as Pernod Ricard (PERP.PA) benefited from people drinking more expensive types of alcohol at home. There have, however, been signs that spirits industry growth was slowing, notably in the United States, as positive effects from the pandemic fizzle out. ($1 = 0.9033 euros)Reporting by Dominique Vidalon; Editing by Varun H K and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Remy Cointreau, Remy Martin, Cointreau, Louis XIII, Jefferies, Pernod Ricard, Dominique Vidalon, Varun, Stephen Coates Organizations: CLUB, Louis, Thomson Locations: U.S, China, United States, EMEA, Asia

☆ How Barbie made a surprising comeback
▼ + stars: | 2023-07-14 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +4 min

And now she is getting new life in “Barbie” the movie, distributed by CNN’s parent company Warner Bros. And at HomBom Toys in New York City, ‘movie Barbie’ is sold out. I thought of every child who played with a Barbie doll as my child. She’s thrilled to see Barbie break out of Barbie Land and out of her heels, a sign Barbie may be keeping up with the times. And that introduced a lot of fun and introduced I think people into the world of Barbie that hadn’t been there before,” she said.

Persons: Barbara Millicent Roberts ”, — Barbie —, Barbie, “ Barbie, Margot Robbie, ’ ”, Ricard Dickson, Mattel, There’s, ”, Katie Mancini, Landor, Landor & Fitch, Ken, they’ve, Oppenheimer, ’, Ilene Gayer, “, Patty Steffen, Fort, She’s, Barbie Carol Sanger, she’s, Sanger, Barbies, hadn’t Organizations: CNN, Mattel, Warner Bros ., Landor &, AMC, Barbies Locations: New York City, Fort Wayne , Indiana, Los Angeles

☆ China growth concerns weigh on European shares at open
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of LVMH Moet Hennessy Louis Vuitton is seen during the company's shareholders meeting in Paris, France, April 20, 2023. REUTERS/Gonzalo Fuentes/File Photo/File PhotoJuly 5 (Reuters) - European shares fell on Wednesday as fresh data pointing to China's faltering economic recovery soured investor sentiment, which has been under pressure from uncertainty about future monetary policy steps by major central banks. The pan-European STOXX 600 index (.STOXX) was down 0.4% by 7:02 GMT, following a quiet session on Tuesday when the U.S. markets were closed for Independence Day. Miners (.SXPP) fell 1.0% and were the biggest sectoral decliners as concerns around weak demand from top consumer China, as well as slowing growth in other major economies, hurt metal prices. Reporting by Amruta Khandekar; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: LVMH Moet Hennessy Louis Vuitton, Gonzalo Fuentes, Pernod Ricard, Hermes, Amruta Khandekar, Dhanya Ann Thoppil Organizations: REUTERS, Independence, Thomson Locations: Paris, France, U.S, China

Search resuls for: "Ricard"

25 mentions found