President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
A popular ad campaign may be spurring alcohol sales, according to Morgan Stanley.
The firm cited Nielsen data that revealed one-month U.S. beer sales through June 16 rose 3.3 percent year over year, improving from the results over the previous 12-week and 52-week periods.
Anheuser-Busch Inbev, the owner of the Bud Light brand, was a standout, with 1.9 percent volume growth in the one-month period through June 16.
“The biggest improvement came from ABInBev, which gained share for the first time since 2011,” analyst Olivier Nicolai said in a note to clients entitled “Robust demand in June; ABInbev outperforming; Dilly Dilly effect?” Tuesday. “Both Budweiser and Bud Light posted improved momentum in June, down by just -1.4% and -2.3% in volume terms respectively. Dilly Dilly effect?”
Anheuser-Busch Inbev launched its “Dilly Dilly” campaign, created by the Wieden+Kennedy ad agency, in August of last year. The ads feature fictional medieval characters toasting each other with the catchphrase. The campaign became a viral, cultural phenomenon.
Morgan Stanley has an overweight rating for Anheuser-Busch Inbev shares.