Higher costs negate rising beer sales for Heineken By Reuters


© Reuters. Higher costs negate rising beer sales for Heineken By Philip Blenkinsop BRUSSELS (Reuters) – Heineken NV (AS:), the world’s second-largest brewer, missed estimates for first-half profit on Monday, as rising input costs offset higher beer sales. The Dutch maker of Heineken, Europe’s top-selling lager, maintained its full-year forecastRead More →

Crude prices slide on signs of rising U.S. inventories


Crude prices fell Wednesday after a report on U.S. crude supplies indicated a sharp jump in inventory, ahead of official data from the Energy Information Administration later. West Texas Intermediate crude for July delivery CLN19, -2.55%  fell 89 cents, or 1.7%, to $52.39 a barrel on the New York MercantileRead More →

China markets retreat on rising trade tensions with U.S.


Chinese stock markets fell in early trading Monday amid increasing trade tensions with the U.S., while markets in most of the rest of Asia gained. On Friday, China’s Commerce Ministry called the Trump administration’s latest tariffs hikes “bullying behavior,” and Chinese state media suggested the government was in no hurryRead More →