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US NEWS ON FASTMOVING

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Mandela wine launched in US

Mandela wine launched in US

04/03/2013 - 07:58
A wine company bearing the name of the former president Nelson Mandela has been established in the United States, the Sunday Sun reported. read more
US businesses bullish towards SA

US businesses bullish towards SA

21/02/2013 - 11:00
Johannesburg - American businesses with operations in South Africa remain “very bullish” about the country and Africa as a whole despite concerns regarding skills‚ competitiveness and the regulatory environment in South Africa‚ US Senator Christopher Coons (Delaware) said on Wednesday night. read more
US: Retail sales results mixed in January

US: Retail sales results mixed in January

11/02/2013 - 09:10
New York -- Although there were some surprising gains among retailers in January, for the most part results were expectedly mixed, as consumers took a hit on their take-home pay from higher payroll taxes but cooler weather gave a boost to others. read more
Global consumer confidence dips

Global consumer confidence dips

05/02/2013 - 08:09
London - Global consumer confidence dipped at the end of last year, a survey showed on Monday, and more than 60 percent of respondents said the next 12 months would not be a good time to spend. read more
Income surge relieves US consumers

Income surge relieves US consumers

01/02/2013 - 07:54
Washington - American income growth surged in December as companies rushed to make dividend payments before higher tax rates set in, while buoyant wage growth also gave a lift to households. read more
US consumer sentiment hits record low

US consumer sentiment hits record low

21/01/2013 - 08:10
New York - US consumer sentiment unexpectedly deteriorated for a second straight month to its lowest in over a year in January, with many consumers citing the recent fiscal cliff debate in Washington, a survey released on Friday showed. read more
China's drugs market to grow by $165bn

China's drugs market to grow by $165bn

13/12/2012 - 09:11
London - Drug companies are spending record amounts on acquisitions in emerging markets, with China the most attractive target nation, reflecting sharply rising sales of western medicines in the country.  read more
Consumer Spending in U.S. Declines as Sandy Reduces Wages

Consumer Spending in U.S. Declines as Sandy Reduces Wages

03/12/2012 - 09:27
Americans unexpectedly pared spending in October as superstorm Sandy depressed wages, showing the world’s largest economy is cooling as lawmakers seek ways to avoid the so-called fiscal cliff.  read more
US CPI rises on jump in shelter cost

US CPI rises on jump in shelter cost

16/11/2012 - 07:29
Washington - US consumer prices rose in October as the cost of shelter surged by the most in over four years, while gasoline prices fell in a boost for consumer spending power. read more
US, China‘s growth to spur global economy

US, China‘s growth to spur global economy

12/11/2012 - 09:16
In the shadow of the US fiscal cliff, it’s difficult to focus on the few promising signs of recovery. But green shoots are sprouting in the world’s two biggest economies – the US and China. read more
US retail sales jump

US retail sales jump

16/10/2012 - 08:06
Americans stepped up their spending at retail businesses in September, reflecting their growing confidence in the US economy. read more
Herborium unveils Kamasutra Exotic Vodka in US

Herborium unveils Kamasutra Exotic Vodka in US

03/09/2012 - 10:29
Herborium Group, a US-based Botanical Therapeutics company developing, licensing and marketing proprietary and botanical-based medicinal products, has made Kamasutra Exotic Vodka with Natural Herbs available in the US on 9 August 2012 at Buy-Rite store in New Jersey. read more
China will be top smartphone market in 2012

China will be top smartphone market in 2012

31/08/2012 - 08:04
San Francisco - China will overtake the United States as the biggest market for smartphones amid a surge in low-cost handsets, a survey said on Thursday.  read more
Oil prices drop after recent rally

Oil prices drop after recent rally

23/08/2012 - 09:46
London - Crude oil prices fell on Wednesday following recent gains, mirroring events across world stock markets, as traders showed caution ahead of Greek talks, Fed minutes and US energy inventory data.  read more
 ‘Credit is throttling US consumer’

‘Credit is throttling US consumer’

21/08/2012 - 08:01
Bankers' reluctance to lend to people with less-than-pristine credit histories is restraining the US economic recovery by holding back consumer borrowing and spending, new research from the San Francisco Federal Reserve Bank shows.  read more
 Soybeans, corn extend gains

Soybeans, corn extend gains

21/08/2012 - 07:57
Soybean and corn prices rose to their highest levels in 10 days on Monday amid the worst drought in half a century, with traders set to get fresh evidence of the extent of damage from the Midwest farm belt.  read more
G20 weighs emergency meeting over food prices

G20 weighs emergency meeting over food prices

14/08/2012 - 07:59
Paris/London - Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. read more
US drought: Obama calls for new farm bill

US drought: Obama calls for new farm bill

13/08/2012 - 07:49
Washington - US President Barack Obama urged members of Congress on Saturday to pass a farm bill that would help the agricultural sector cope with the most severe drought that has struck the United States in half a century. read more
US in costliest drought since 1988

US in costliest drought since 1988

27/07/2012 - 07:43
Cape Town - The drought engulfing the central US is likely to cost $12bn, making it the costliest since 1988, experts say. read more
Futures slightly down as US manufacturing slows

Futures slightly down as US manufacturing slows

05/06/2012 - 08:14
Futures edged down slightly on Monday after data showed that orders for manufactured goods dropped unexpectedly in the US in April. read more
Solid first quarter for SABMiller's US ops

Solid first quarter for SABMiller's US ops

09/05/2012 - 08:13
It has been a solid first quarter for MillerCoors - the joint venture in the US between SABMiller and Molson Coors Brewing Company - driven by strong mix, positive pricing and unseasonably warm weather. read more
US grains drop

US grains drop

08/05/2012 - 08:01
US grain futures dropped on Monday as investors fled riskier assets, after Greek and French polls stoked doubts that struggling euro zone economies could continue to pursue austerity measures crucial to resolving the bloc's debt crisis. read more
Large manufacturers shift operations from China to US

Large manufacturers shift operations from China to US

24/04/2012 - 08:33
More than a third of US-based manufacturing companies with sales greater than $1bn are planning to bring back production to the United States from China  read more
US retail sales may ease growth worries

US retail sales may ease growth worries

17/04/2012 - 08:10
Washington - US retail sales rose solidly in March as Americans shrugged off high petrol prices and bought a range of goods, implying economic growth in the first quarter was probably not as weak as many had feared.  read more
US: Walmart to Lower Grocery Prices by $1B

US: Walmart to Lower Grocery Prices by $1B

30/03/2012 - 09:15
Walmart Stores Inc. plans to lower its grocery prices by $1 billion this year in hopes that customers will be drawn in by the lower prices on food and also make purchases in other areas of the store, according to a published report. The retail giant generated $145 billion in grocery sales last year.  read more
Trade war intensifies between China and US

Trade war intensifies between China and US

14/03/2012 - 09:37
After cooling down following a visit by Chinese vice president Xi Jinping to the United States, trade tensions between China and the westerns world have once again begun to boil over protectionism claims. read more
Milk Price Slumping as Record Profit Spurs Expansion of Herds: Commodities

Milk Price Slumping as Record Profit Spurs Expansion of Herds: Commodities

13/03/2012 - 08:53
Record dairy profits and milder weather are leading to a surge in milk supplies from Auckland to California, turning last year’s best-performing commodity contract into one of the worst of 2012. read more
Maize futures dip on profit taking

Maize futures dip on profit taking

13/03/2012 - 08:06
South African maize futures ended mostly lower on Monday due to some profit taking following last week's strong gains.  read more
Agricultural sector on the mend

Agricultural sector on the mend

09/03/2012 - 07:57
The South African agricultural sector is recovering, as shown by the agricultural indices of the Sake24 and BoE Private Clients' provincial barometers.  read more
US suppliers prepare to cash in on soybean shortage

US suppliers prepare to cash in on soybean shortage

01/03/2012 - 09:51
Worldwide soybean reserves are being depleted at the fasted rate in almost two decades, as demand for food, fuel and animal feed ramp up. read more
US durable goods orders drop

US durable goods orders drop

01/03/2012 - 09:33
New orders for long-lasting US manufactured goods fell in January by the most in three years as demand slumped across the board, suggesting the economy started the year on weaker footing than expected.  read more
Price cuts boost Walmart US in Q4

Price cuts boost Walmart US in Q4

22/02/2012 - 08:54
Chicago - Walmart Stores fourth-quarter profit came in just short of Wall Street's expectations, sending shares down 2.6% as it cut prices to win over US shoppers during the holiday season. read more
Chinese may take place of Americans as spenders

Chinese may take place of Americans as spenders

20/02/2012 - 08:14
The Chinese consumer may not qualify for the description “big spender”. But the traditionally thrifty Chinese may spend more than was previously thought on the things that keep households ticking over every day. read more
Manufacturing to boost fourth quarter GDP

Manufacturing to boost fourth quarter GDP

10/02/2012 - 10:02
Manufacturing production volume grew by 4.1% quarter on quarter (q/q) on a seasonally adjusted annualised basis after contracting in the prior two quarters.  read more
US consumer spending fizzles

US consumer spending fizzles

31/01/2012 - 08:29
US consumer spending was flat in December as households took advantage of the largest rise in income in nine months to boost their savings, setting the tone for a slowdown in demand early in 2012.  read more
US meat and dairy supply to remain 'stable' in 2012

US meat and dairy supply to remain 'stable' in 2012

19/12/2011 - 09:30
The outlook for the commodity protein, produce and dairy sectors will remain "stable" for 2012, market experts have predicted.  read more
US: Retail Sales Climb Less Than Forecast

US: Retail Sales Climb Less Than Forecast

14/12/2011 - 10:20
Retail sales rose in November at the slowest pace in five months, indicating American consumers were trying to live within their means heading into the holiday shopping season as wages dropped. read more
Cotton prices set for big fall

Cotton prices set for big fall

05/12/2011 - 08:54
Falling consumption and a record crop will see cotton prices fall significantly next year according to analysts of the cotton market as stockpiles reach their biggest since 2005. read more
Shipyard Brewing launches Applehead ale

Shipyard Brewing launches Applehead ale

02/12/2011 - 08:56
US-based Shipyard Brewing Company has added a new seasonal beer Applehead to its Pumpkinhead line. read more
Champagne Deutz to implement new brand representation strategy in US

Champagne Deutz to implement new brand representation strategy in US

25/11/2011 - 08:58
French champagne producer Champagne Deutz will implement a new Regional Representation strategy beginning 2012, allowing importers / distributors outside the Champagne Louis Roederer network to represent the brand in the US.  read more
Coffee Supply Crunch Spurring Rebound After Folgers Price Cut: Commodities

Coffee Supply Crunch Spurring Rebound After Folgers Price Cut: Commodities

23/11/2011 - 10:19
Coffee’s biggest slump in three years may be ending as weather damages crops from Colombia to Indonesia, reducing U.S. inventories to the lowest since 2000 just as Kraft Foods Inc. and J.M. Smucker Co. cut prices. read more
SABMiller eyes tougher time in Europe, US

SABMiller eyes tougher time in Europe, US

18/11/2011 - 08:01
London - Brewer SABMiller [JSE:SAB] narrowly missed forecasts with an 11% rise in half-year earnings on Thursday, and warned that trading in Europe and North America will stay tough as its input costs tick higher. read more
US retail sales rise broadly

US retail sales rise broadly

16/11/2011 - 08:35
Washington - US retail sales rose broadly in October and a gauge of New York state manufacturing showed growth this month for the first time since May, suggesting the economy started the fourth quarter with vigour. read more
Walmart uses apps to target shoppers

Walmart uses apps to target shoppers

10/11/2011 - 10:06
Shoppers at US Walmart stores can now research the trove of product data the world’s largest retailer gathers, through a new iPad app and updated app for iPhones. read more
Retailer pessimism sinks US containerised shipping imports

Retailer pessimism sinks US containerised shipping imports

04/11/2011 - 07:50
US containerised import volume fell 6% in September from the previous month as pessimism among retailers over consumer demand heading into the Christmas holiday period intensified. read more