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...It took just 98 minutes for a dozen ordinary Americans in an Illinois court to unanimously land a $60mn blow against a consumer goods giant based thousands of miles away in the UK....
...“Asahi cannot become a global brand unless it has the American market,” said Morita. “To address this missing piece, M&A will be an effective tool.”...
...There has been much fanfare about non-meat product potential, but as the weak performance of Beyond Meat has shown investors and consumers aren’t fully convinced....
..., has eroded consumer spending power....
...He speaks on the issue for AmCham EU, which represents American investors in the bloc. “European consumer access to redress in cases where genuine harm has been caused by a product is essential....
...The debt concerns come amid polling showing Americans remain gloomy about the Biden economy despite a surging stock market, healthy gross domestic product growth and low unemployment, posing a big threat...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...The chief executive of British American Tobacco has endorsed the UK’s plans for a vaping tax, claiming the cigarette maker has learned to “love regulation”....
...Betting against the American consumer tends to be unwise. But those supplying it with stuff shouldn’t get too comfortable....
...“People want to touch the products before they buy them and they are keen to get good advice,” he said....
...boils down to “things cost more, so we’re making our products smaller”....
...British American Tobacco said on Thursday that it was working on divesting some of its nearly 30 per cent stake in India’s largest tobacco company ITC, potentially paving the way for it to resume share buybacks...
...Following the “GMO wars” in the 1990s and 2000s, in which genetically modified American produce denounced as “Frankenfood” was kept out of the EU, US farmers began to grasp that European consumer resistance...
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...But it is entertaining as well as scholarly, and it sheds interesting light on many of the personalities who have shaped or reshaped the American corporation....
...The chief executive of British American Tobacco has dismissed the idea of moving the company’s listing from London to New York as a “distraction”, after it emerged that the top-10 shareholder who pushed...
...“Even as prices have come down on important items like a gallon of milk and a dozen eggs, some corporations aren’t passing those savings on to consumers,” Lael Brainard, director of the White House’s National...
...He founded and later sold the companies Pharmaceutical Product Development, a contract research organisation, and Furiex Pharmaceuticals, whose leading product was a diarrhoea medication....
...These could include measures to impose standardised labelling for products and support price comparison websites, consumer advisory services and so on....
...The UK government announced a new tax on vapes during the Budget in an effort to discourage non-smokers from taking up the habit, as part of twin tax hikes on tobacco products that will generate more than...
...Such companies would also face penalties of up to €10 ($10.80) per item sold if they fail to take appropriate action on the environmental impacts created when consumers dispose of their products....
...Household debt, for example, has changed drastically since the 2008 crisis when the US consumer was at the eye of the storm....
...What you, American (or victim of American culinary hegemony), call a flapjack is not a flapjack, it’s a kind of pancake....
...The watch division’s sales overtook those for perfume and beauty products in 2022....
...To be fair, the UK’s new policy will not directly hit traditional tobacco manufacturers such as British American Tobacco and Imperial Brands....
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