European shares rise on ECB stimulus hopes; Infineon shines *Infineon soars after results, dividend beat expectations. MILAN, Nov 26- European shares rose on Thursday, helped by growing expectations of aggressive European Central Bank action next week, while a solid quarterly report from chipmaker Infineon and a rebound in metal prices also provided support. "Infineon has proven surprisingly resilient and is...
| By: Danilo Masoni
Cognac makers ramp up U.S. efforts as China sips less *US cognac sales set to overtake China this year. The big four producers-- LVMH Moet Hennessy, Remy Cointreau, Pernod Ricard and Beam Suntory-- have turned more of their attention to the U.S. following a drop in sales in China after an anti-graft campaign. On its home turf cognac is seen as the drink of choice for mature gentlemen but in the United States it is often...
| By: Martinne Geller
FACTBOX-The culture of Cognac Here are some facts about cognac and the four main brands: Hennessy, Remy Martin, Martell and Courvoisier. -Louis XIII de Remy Martin, a luxury blend of up to 1,200 eaux de vie which takes over 100 years to make, can cost around $3,000. The brand just made a film staring Hollywood actor John Malkovich that will be stored for 100 years.
UPDATE 1-U.S. Air Force leader backs moves to speed up arms sales approvals DUBAI, Nov 10- U.S. Air Force Secretary Deborah James said on Tuesday it was important to speed up approvals of foreign arms sales, and she was open to creating a White House- level position to oversee the process across government. Bob Durbin, chief operating officer of the Aerospace Industries Association, the largest U.S. aerospace industry trade group, told...
| By: Andrea Shalal