The Artesian blog takes a look at the business headlines, For personalised daily news, contact Artesian
Sainsbury's in battle over Pimm's - Drinks giant Diageo says it will take legal action against supermarket chain Sainsbury's, after alleging it broke copyright rules regarding Pimm's.
The move by the drinks company comes after Sainsbury's launched a gin-based summer drink called Pitchers, which can be mixed with fruit and lemonade. (full story)
Japan emerges from recession after year-long slump - Japan today emerged from its longest and most destructive recession since the Second World War as government stimulus measures at home and abroad finally began to pay off.
Japan’s GDP grew 0.9 per cent in the April to June quarter, with annualised real growth rate of 3.7 per cent, breaking a run of four consecutive quarters of contraction. (full story)
Facebook to face off with new Web rivals - Facebook's vision of becoming a "utility" that offers activities to keep people online for hours could set it on a collision course with the Web's giants.
In recent days, the No.1 social networking company revamped its search engine and bought a start-up that some call a rival to hot micro-blogging service Twitter. It is also testing a stripped-down version of its service to boost growth overseas and is developing an electronic payments system. (full story)
Mandelson unveils £340m aid for Airbus - Lord Mandelson, UK business secretary, on Friday said that the government would give Airbus £340m of repayable launch aid for the A350, a new family of long-haul jets, and launched a sharp attack on US subsidies for its aircraft industry.
The funding is seen as vital to secure the UK’s share of the work on current and future Airbus projects. (full story)
School Leavers Face The Dole Queue - This summer's school leavers could be the hardest hit since the 1929 stock market crash, a new report warns.
The number of young people claiming Jobseeker's Allowance could double to one million if trends follow those of previous recessions, according to the Prince's Trust and the University of Sheffield. (full story)
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