Remy Cointreau SA
European wine and spirits makers urge 0% tariffs as EU-U.S. deal leaves sector in the dark
In a bar in Neukölln there are bottles of spirits on a shelf. Picture Alliance | Picture Alliance | Getty Images European wine and spirit makers are viewing their exclusion from the newly-etched U.S.-EU trade deal with caution as industry bodies call for a sector specific carve-out. European Commission President Ursula von der Leyen said […]
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Europe’s companies sound alarm over tariff hits amid scramble to strike U.S. trade deal
European officials are working to secure a trade deal with the Trump administration, as regional companies sound the alarm over financial hits even before reciprocal tariffs have come into play. Earlier this month , U.S. President Donald Trump said he would slap a 30% tariff on all goods imported to America from the European Union, […]
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Spirit makers face a sobering cocktail of challenges — from tariffs to teetotalers
Various whiskey bottles on shelves in a bar. Hiob | Istock | Getty Images Global spirit makers are staring down a sobering cocktail of challenges as tariffs and brand boycotts threaten to exacerbate wider shifts in drinking habits. French cognac maker Rémy Cointreau on Wednesday became the latest spirits maker, following Diageo and Pernod Ricard, to […]
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Trump threatens to put 200% tariff on French Champagne and other EU spirits
Moet champagne bottles are seen at Berlin Brandenburg airport in Schonefeld, Germany on February 24, 2025. Jakub Porzycki | Nurphoto | Getty Images President Donald Trump said Thursday he plans to put a 200% tariff on alcohol from France and other European nations in the latest escalation of global trade tensions. The U.S. tariff comes […]
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EU challenges Chinese brandy tariffs at WTO
HAIKOU, CHINA – DECEMBER 17: People purchase brandies during the 26th China (Hainan) International Winter Trade Fair for Tropical Agricultural Products at Hainan International Convention And Exhibition Center on December 17, 2023 in Haikou, Hainan Province of China. Meng Zhongde | Visual China Group | Getty Images The EU Commission said on Monday it had […]
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European stocks set to slip at open; Mercedes car earnings plummet
European markets: Here are the opening calls European markets are seen opening mixed on Friday, according to IG data. Germany’s DAX is set to open 33 points lower at 19,416, with France’s CAC 40 down 11 points at 7,497. The U.K.’s FTSE 100 is seen heading for a cautiously brighter start, up 5 points at […]
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French stocks experience even worse to occur from political chance, Goldman strategists say
French shares are likely to take a additional beating from political possibility in the weeks and months forward, but the influence will be centered in specific areas, according to strategists at Goldman Sachs. Blue-chip stocks on Paris’s CAC 40 index past 7 days logged their worst effectiveness considering the fact that March 2022, tumbling additional […]
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A bunch of analysts cut price targets on these 3 stocks this week. Here’s why
Analysts have slashed price targets on three stocks from around the world over the past week: Adobe , France’s Remy Cointreau , and Israeli software provider NICE . Remy Cointreau and NICE shares are also traded in the U.S. CNBC Pro screened for global stocks that have had price target cuts from five or more […]
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Europe stocks close lower as global sentiment falters; euro zone inflation rebounds
U.S. stocks move higher U.S. stocks moved slightly higher Friday, bouncing back from an early-2024 sell-off. However, they remained on course for their first losing week in 10. The Dow Jones Industrial Average was 0.3% higher in morning trade, while the S&P 500 rose 0.6%. The tech-heavy Nasdaq also jumped 0.7%, recovering somewhat from a […]
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These are the stocks that will benefit — and lose out — from the wellness trend, Morgan Stanley says
Weight loss drugs have been in the spotlight. But they’re just one aspect of a growing focus on health — on the part of both consumers and governments. The Covid-19 pandemic was a big factor behind the rising focus on weight and its implications for health, Morgan Stanley noted. “Thus health (or wellness) has become […]
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