Frances newly elected president Emmanuel Macron faces a diplomatic challenge as he meets with russias vladimir putin. But the countries do have deep economic ties. It used to call itself the worlds favourite airline, but with Flight Disruptions entering a third day, few of bas passengers are likely to agree. Welcome to World Business report. Im jamie robertson. In a minute well have Special Report from sri lanka on why the country is selling chunks of its infrastructure back to the country that built them, china. But first, today the new french president Emmanuel Macron will meet with his russian counterpart, vladimir putin. The kremlin was hoping that the meeting would take place under rather different circumstances in the recent French Election campaign, mr putin had voiced his support for the eurosceptic candidate marine le pen, who lost to mr macron. Nonetheless, the relationship between france and russia remains important to both countries. France is russias biggest foreign invest
Bloombergs European Headquarters in london. Out of the eurozone. Looks like the economy lost some momentum in august. A geisha of private sector growth falling to the lowest evel since 20 from 53. 2. Tion below an earlier estimate of 53. 3 according to ihs markets, largely due to a weaker rate of expansion in germany, the regions largest economy. The report coming days ahead of the ecb holding its first policy meeting after summer break. Lets check in on markets. No trading today in u. S. Or canada because of the labor day holiday. Stocks rising. Getting a boost from the jobs report on friday which came in below expert nations. September rate hike. The pound index, bloomberg pound index rose last week for the third consecutive week. May. Winning stretch since down by a basis point, basis point range for the last seven weeks. That was the last time draghi spoke. Crude oil up. Will we get a deal this month . We asked of saudi arabia and russia . That is the big question. Lets get the blo
Mondelez, Mars Inc. and PepsiCo Inc. had roaring sales in Russia last year, underscoring the strength of the Russian consumer more than a year after President Vladimir Putin invaded Ukraine.
Mondelez, Mars Inc. and PepsiCo Inc. had roaring sales in Russia last year, underscoring the strength of the Russian consumer more than a year after President Vladimir Putin invaded Ukraine. Sales for Mondelez Rus’, which sells Jubilee biscuits and Alpen Gold chocolate, rose 38 percent last year to 92 billion…