Diageo Profit Rises on U.S. Demand Recovery
Diageo Plc, the world’s biggest distiller, reported increased annual revenue and profit as a recovery in demand for spirits in the U.S. and sales in emerging markets help offset tough European conditions.
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Britain Needs Keynesian Stimulus, Says Dryden
48:17 - As Bank of England officials gather this week to decipher the latest post-Brexit reports, they’ll probably assess a nasty outlook of slowing growth and faster inflation. Varying levels of tolerance for accelerating price growth are likely to be a major theme of the debate and are already dividing the nine-member Monetary Policy Committee on the need for stimulus. JPMorgan Asset Management Global Market Strategist Alexander discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."