Diageo Reports Increased Annual Revenue and Profit

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.
Developers Nervous as London Presales Slump: EC Harris
55:25 - (Bloomberg) -- Mark Farmer, head of the residential team at consulting firm EC Harris LLP, says developers are nervous about presales of London homes under construction, which slumped 27 percent to about 5,109 in the second quarter from about 7,046 in the same period last year, according to broker Chestertons, citing data compiled by Molior London Ltd. There's a "sense perhaps that London is just expensive at the moment," Farmer said in an interview with Bloomberg's Neil Callanan. (Source: Bloomberg)
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