Wine uncorks challenge to beer as alcohol drink of choice: StatsCan
Summary from United States, from articles in English
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That helped exporters record some gains, with Toyota rising 2.4 per cent to Y5,550, Nissan gaining 2.5 per cent to Y959 and Canon, which increased 3.4 per cent to Y5,520. (article 1)
Pharmaceutical company Daiichi Sankyo said it plans to buy a controlling stake in India's Ranbaxy, sending the Japanese company's shares 4.9 per cent to Y2,975. (article 1)
Over in Australia, banks helped the S&P/ASX 200 closed up 0.6 per cent to 5,467.3, regaining some losses from Tuesday's pounding. (article 1)
National Australia Bank gained 3 per cent to A$28.80 and Westpac Banking, which was also hurt on Tuesday, gained 3 per cent to A$22.25. (article 1)
Banks, builders and retailers were savaged as confidence drained from the London market, pulling the FTSE 100 to its lowest level in 2 1/2 months. (article 2)
Retail stocks were hit as Citigroup predicted a "brutal slowdown" in consumer spending that would not bottom out for at least a year. (article 2)
It moved to "sell" ratings on eight stocks including Next, down 7.3 per cent to $10.16, and Kingfisher, off 3.3 per cent to 124.2p. (article 2)
Fears about the economy combined with gossip that Toscafund, a leading activist investor in housebuilding and asset management, was in trouble. (article 2)
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Other summaries about this story:
Event tracking:
Story keywords
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cent, alcohol, Beer, Wine, Sales |
Source articles
- Muted gains on battered Asia markets (ft.com, 06/11/2008, 419 words)
- London banks, builders and retailers savaged (ft.com, 06/11/2008, 717 words)
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