European grocers could exceed market expectations for earnings growth this year as they keep prices high even as costs fall, but the spectre of declining inflation and government-imposed price caps is tempering investor hopes.
Anheuser-Busch InBev , the world's largest brewer, reported higher than expected first-quarter earnings on Thursday as consumers bought its beers at sharply higher prices.
Mexico's FESMA , which controls one of the largest Coca-Cola bottlers and a string of convenience store chains, posted a 22% jump in its first-quarter revenue Friday to 180 billion pesos, driven by strong sales in its key businesses.
The Confederation of British Industry (CBI) trade organisation has suspended all policy and membership work until June after a slew of businesses quit following staff complaints about workplace misconduct and allegations of rape by two women.
Almost 25,000 private-sector workers in Norway will go on strike from Monday morning after negotiations with employers broke down, and the industrial action is set to escalate in the following days, two major labour unions said on Sunday.