Reuters: Non-Cyclical Consumer Goods

UPDATE 3-The Irish loophole behind Apple's low tax bill

Tue, 21 May 2013 21:19:32 -0400

LONDON, May 21 (Reuters) - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.

UPDATE 1-U.S. not respecting WTO ruling on meat labeling -Mexico

Tue, 21 May 2013 19:54:29 -0400

(Updates with agriculture minister's quotes) By Adriana Barrera MEXICO CITY, May 21 (Reuters) - The United States is not respecting a World Trade Organization (WTO) ruling on meat labeling, Mexico's Agriculture Minister Enrique Martinez said on Tuesday, saying it was hurting local industry. The WTO ruled in late June last year that a U.S. program for labeling imported meat unfairly discriminated against Mexico and Canada, putting pressure on the United States to bring the scheme in l

UPDATE 1-Is Sony un-Japanese enough to entertain change?

Tue, 21 May 2013 19:02:09 -0400

TOKYO, May 22 (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business partners and workers rather than shareholders seeking value.

Britvic to outline plans for standalone future -Sky News

Tue, 21 May 2013 18:35:45 -0400

May 21 (Reuters) - Britvic's new chief executive is set to lay out plans for the soft drinks maker to continue as a standalone company, casting further doubt on its proposed merger with A.G. Barr, Sky News reported.

U.S. not respecting WTO ruling on meat labeling -Mexico

Tue, 21 May 2013 18:27:35 -0400

MEXICO CITY, May 21 (Reuters) - The United States is not respecting a World Trade Organization (WTO) ruling on meat labeling, Mexico's Agriculture Minister Enrique Martinez said on Tuesday, saying it was hurting local industry.

UPDATE 2-The Irish loophole behind Apple's low tax bill

Tue, 21 May 2013 18:06:51 -0400

LONDON, May 21 (Reuters) - Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.

U.S. cigarette makers boost discounts as smokers turn away

Tue, 21 May 2013 17:10:01 -0400

WASHINGTON, May 21 (Reuters) - Cigarette companies are boosting the money they spend on giveaways and similar promotions in the United States as they attempt to pitch to a declining pool of cigarette smokers.

Is Sony un-Japanese enough to entertain change?

Tue, 21 May 2013 16:56:24 -0400

UPDATE 1-China's bird flu outbreak cost $6.5 billion

Tue, 21 May 2013 16:51:42 -0400

GENEVA, May 21 (Reuters) - The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets, but caused some $6.5 billion in losses to the economy, U.N. experts said on Tuesday.

UPDATE 2-Herbalife hires PwC as new auditor, shares up

Tue, 21 May 2013 16:08:05 -0400

May 21 (Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading.