This year will see over a quarter of a trillion dollars spent on IT outsourcing globally, but Western European organisations are holding back investments in the uncertain economy, according to the latest research from Gartner. The analyst ...
Tags: IT outsourcing, investment, IT industry, IT service
Hiring is flat and Europe's economy continues teetering, but IT spending is beating forecasts, says Gartner. Worldwide IT spending is expected to reach $3.6 trillion this year, a 3% increase over last year, reports Gartner. The report, ...
Tags: IT spending, forecasts, Gartne
According to Minister of Economy and Energy Delyan Dobrev, Bulgaria's gross domestic product is expected to mark a total growth of around 1% for 2012. Dobrev in an interview for the Bulgarian National Radio Sunday that "This GDP growth ...
The results of the quarterly Manufacturers Alliance for Productivity and Innovation(MAPI)Survey on the Business Outlook indicate slowing growth for U.S.manufacturing over the next three to six months.But despite posting a 5 percentage point ...
Tags: MAPI, Business Outlook, U.S.manufacturing
Microsoft's Windows 8 operating system and next-generation smartphones launch later this year will accelerate semiconductor revenue growth in 2013 and beyond Worldwide semiconductor revenue is expected to grow by 4.6% in 2012 to $315bn ...
Tags: operating system, smartphones, Microsoft, semiconductor
French retail giant Casino has booked a 35% jump in third-quarter sales, boosted by a strong international showing and a contribution from acquisitions. In a sales update released yesterday (15 October), Casino said group sales increased ...
Volvo has reported a revenue of SEK65.3bn ($9.75bn) for the first half of 2012, an increase of 3.9%, compared to SEK62.9bn ($9.5bn) for the same period in 2011. For the first half of 2012, the company posted a net loss of SEK254m ($37m), ...
Tags: Volvo, revenue up, Plug-in Hybrid
Styron plans to increase polycarbonate prices in Europe by Eur230/mt ($294/mt) in December due to squeezed margins, it said in a statement Wednesday. "Following the elevation in costs of the key raw materials associated with the ...
Increasing possibilities of a free trade agreement (FTA) between India and the EU is upsetting Bangladeshi readymade garment (RMG) exporters, who are already grappling against difficulties posed by Eurozone crisis and troubles in US ...
Tags: FTA, free trade agreement, RMG, Eurozone crisis
Tough times seem to be looming on the Sri Lankan garment sector as European Commission(EC)has forewarned of a further decline in value of Sri Lankan rupee in terms of US dollar. Additionally,the Sri Lankan garment exports have now started ...
Tags: rupee, EC, garment sector
China's lackluster manufacturing sector will continue to struggle in the second half of the year, a newly released government report said, threatening to deprive the world's biggest manufacturing hub of a growth driver. The sector will ...
Tags: market view, machine
The government needs to stimulate the economy to help improve prospects for the manufacturing sector,writes Martin Ford,managing director of Cheshire-based independent franchised distributor,Gateway Electronic Components. British ...
Tags: economy, UK, government
World clothing export growth in 2012 is predicted to be even slower in volume terms than the already modest 5% growth rate seen in 2011, according to a report in the latest issue of Global Apparel Markets, which is published quarterly by ...
Tags: clothing, Apparel, growth, even slower
Italy-based Generali is contemplating to dispose its US life reinsurance business, thus paving a way to exit from US underwriting market. Italian largest insurer by annual premiums has appointed Citigroup to counsel it on the proposed ...
Tags: insurance, life reinsurance, reinsurance, increase
Dutch Financial conglomerate ING posted 17.8% fall in underlying net profit for the second quarter of 2012, which was €1.04bn, compared to €1.52bn during the same period last year. The diversified financial startup blamed ...
Tags: Financial conglomerate, ING, net profit