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Unilever falls as slow start casts pall over consumer sector

  Bloomberg Unilever shares fell after saying it will get off to a slow start in 2017, casting gloom over the European consumer-staples industry as the sector’s earnings season kicks off. Fourth-quarter underlying sales rose 2.2 percent, the maker of Dove soap said in a statement, the worst result in two years and below the 2.6 percent gain seen by ...

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Spain unemployment falls to 7-year low

  Bloomberg Spanish unemployment fell to a seven-year low in the fourth quarter in a boost for Prime Minister Mariano Rajoy, who has made job creation the centerpiece of his administration. The jobless rate dropped to 18.6 percent in the three months through December, the National Statistics Office said in Madrid on Thursday. That’s down from 18.9 percent in the ...

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UK Brexit boom sees economy plagued by ‘old concerns’

  Bloomberg The UK economy is maintaining its stellar performance since the Brexit vote, but the reasons may be cause for concern. Growth beat expectations again in the fourth quarter, coming in at 0.6 percent, but the make-up of the performance hints at ongoing weak links. The expansion is still being almost entirely driven by services and consumer spending, continuing ...

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