Coca-Cola’s profit plunges 20 percent on bottling refranchising costs

Coca-Cola reported first-quarter earnings on Tuesday that fell slightly short of Wall Street expectations. The company reported a 20 percent drop in quarterly profit, which was driven lower because of higher costs related to its refranchising efforts in...

‘Two big Brexit themes, pulling in opposite directions’ – experts debate the data

Andrew Sentance Senior economic adviser at the PwC consultancy and member of the Bank’s MPC from October 2006 to May 2011 There are two big themes which stand out from this month’s data, and they show the UK being pulled in opposite directions by the...

A new tariff on Canadian lumber should send a stern trade message to the world, Commerce’s Wilbur Ross warns

The administration’s new tariff averaging 20 percent on Canadian timber imports shows how serious President Donald Trump is about enforcing trade rules, Commerce Secretary Wilbur Ross told CNBC on Tuesday. In an interview on “Squawk Box,” Ross noted,...