General Mills CEO Says U.S. Consumers Very Cautious

July 10 (Bloomberg) -- Ken Powell, chairman and chief executive officer of General Mills Inc., talks about U.S. consumer spending. Powell, speaking with Bloomberg's Matt Miller, also discusses commodity prices, General Mills' Yoplait yogurt products and sales outside of the U.S. (Source: Bloomberg)

Brexit: a Bad Economic Outcome for Europe, Says Burgess
35:33 - A Brexit wouldn’t just weaken the pound -- it would jeopardize its status as a reserve currency used in world trade, according to S&P Global Ratings. Sterling lags only the dollar and euro in central banks’ holdings, a legacy of Britain’s large economy, its trusted legal system and use of the global lingua franca. But a vote to leave the European Union on June 23 may dethrone the pound and would even threaten the nation’s top AAA credit rating, says S&P. Columbia Threadneedle CIO EMEA Mark Burgess discusses the wider implications of a Brexit vote for Europe with "On the Move" host Guy Johnson.
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