Clik here to view.
Recession? Not at Reckitt, really
The recession has hit U.S. consumers, yet Reckitt Benckiser has not felt as much of a pinch. The maker of Lysol disinfectants and Air Wick air fresheners said shoppers did not shy away from its...
View ArticleClik here to view.
Let them eat steak
Tired of paying high prices for everything from soup to cereal? See your butcher. While food makers like Kellogg and Campbell Soup have yet to take back price hikes on boxes of cereal and cans of soup...
View ArticleClik here to view.
Islamic finance just one more crisis victim?
It’s not just traditional western banks that are hurting — the recession is hitting Islamic finance hard, too. The industry, which operates according to Islamic law and hence has an in-built...
View ArticleClik here to view.
Corning CFO and the economist who predicted 8 of the past 4 recessions
When this is recession number seven for you, the state of the economy begins to drop into perspective — even if the pain is still real. The chief financial officer of Corning glass, James Flaws, told...
View ArticleClik here to view.
Retail in recession: bottoms, bananas and breeding
So, what did we learn from executives in the hard-hit luxury and main street retail sectors this week at the Reuters summits? The idea of a “new normal” age of lower consumerism was in vogue, with many...
View ArticleClik here to view.
Welcome to the 2009 Reuters Paper and Packaging Summit
The global paper industry has struggled for more than six years to claw its way out of a slump, as soft demand and overcapacity have kept prices down, leading to poor earnings, production curtailments...
View ArticleClik here to view.
“Rich, retired and gone”
Veteran insolvency expert Nick Hood gave the restructuring summit a sobering reminder of the shortcomings of corporate finance. “Every time we have a recession I sit down with the head of workout for...
View ArticleClik here to view.
Recession’s perfect storm speeds up change in ad industry
Why is it that the United States’ advertising as a proportion of marketing services is at its lowest point since 1977, maybe even lower than since the Second World War? You may have guessed it it’s the...
View ArticleAvoiding another financial crisis
The Global Exchanges & Trading Summit takes place as lawmakers and regulators craft new rules to avoid a repeat of the financial crisis. The rising chorus for more transparency in capital markets...
View ArticleClik here to view.
More or less fun in a recession? It’s a tough call
Still unsure whether economic recession is good or bad for video-games sales, more than a year in? If so, you’re in good company — neither does the world’s biggest games publisher. Electronic Arts’...
View Article
