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China Economic News for Oct 24th
China Flash HSBC PMI Edges up in Oct but no Indication of Turnaround Yet (Reuters, Oct 23) HSBC/Markit's preliminary purchasing managers' index (PMI) for the Chinese manufacturing sector printed with a headline reading of 50.4 for October, edging out a ...
GLOBAL ECONOMY-Business activity improves in China, euro zone but US slips  Reuters
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P&G Plans to Split Off Duracell as Profit Meets Estimates
Procter & Gamble Co. (PG:US), the world's largest consumer-products company, posted first-quarter profit that met analysts' estimates and said it would exit its Duracell battery business.
CompaniesP&G to power down Duracell batteries business  Financial Times
P&G to split off Duracell battery business  The Globe and Mail
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Canadian Saks Fifth Avenue locations will feature 'food halls' from Pusateri's
TORONTO -- Saks Fifth Avenue, which caters to a clientele with a taste for the finer things in life, is partnering with upscale food merchant Pusateri's in its soon-to-be opened Canadian stores.
Saks Fifth Avenue's food halls in Canada to be operated by Toronto ...  Financial Post
Pusateri's to operate 'food halls' in Canadian Saks Fifth Avenue ...  The Globe and Mail
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Ford Profit Slides Less Than Analysts Estimated on China
Ford Motor Co. (F), making less money while F-150 truck production is suspended, said third-quarter profit fell less than analysts had projected as the company continues to grow in China where it now outsells Toyota.
Ford profit beats Street; sales down on F-150 launch  Reuters
Ford profit falls in third quarter on truck costs  McDowell News
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USDA Moving in Right Direction on COOL
US - National Farmers Union (NFU) President Roger Johnson said that the World Trade Organisation's (WTO) recent ruling on Country-of-Origin Labeling (COOL) clearly shows US Department of Agriculture (USDA) is headed in right direction.
Four Groups Want WTO COOL Decision Appealed  WNAX
WTO rules against U.S. on meat labeling  Sioux Falls Argus Leader
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Highbank Resources praises B.C. LNG export levy
The company's President and CEO, Victor Bryant, said: "The Highbank board of directors whole-heartedly applaud B.C. Premier Christy Clark and her Ministers on their revised B.C.
Highbank Applauds B.C. Government's Reduced LNG Levy  MarketWatch
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Concerns remain over Chinese rival to Asian Development Bank
But Shang-jin Wei also highlighted the governance gaps that some critics say still separate the ADB from its peers in the world's second-largest economy, arguing that Chinese government officials and development banks were beginning to adopt his ...
Chinese finance minister says AIIB open to countries committed to Asian ...  People's Daily Online
AIIB authorized capital amounts 100 billion US dollars  Shanghai Daily (subscription)
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Warmer weather hits retail volumes
Retail sales fell last month as unseasonably warm weather meant that shoppers delayed buying new coats and jumpers. Also in this Section.
UK: ONS Figures Show Retail Sales Fell Last Month  Namnews
Retail sales in UK fell in September 2014: ONS  Retail Business Review
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Which Canadian telecom company is the better pick?
A disturbingly weak set of earnings results from giant U.S. telecommunications giant AT&T Inc. and a drop in profits at Rogers Communications Inc. reported Thursday provide a good catalyst for a close look at Canada's two largest telcos, BCE Inc. and Rogers ...
Rogers profits fall as it faces hockey costs, slow Q3 subscriber growth  The Province
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PotashCorp anticipates steady demand
Despite weaker crop prices, global demand for potash in 2015 should be much like this year's number of 58 to 60 million tonnes, says Potash Corporation of Saskatchewan president and CEO Jochen Tilk.
Demand should remain stable: PotashCorp  Regina Leader-Post
1 Big Reason to Buy Potash Corp./Saskatchewan Inc. Right Away  The Motley Fool Canada
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