Brazilian steelmaker Companhia Siderurgica Nacional (CSN)’s mining division announced that its sales revenues totaled BRL1.3 billion in the fourth quarter of 2012, soaring by 39% from a quarter ago. In 2012, CSN’s mining ...
Tags: steel, steelmaker, mining
The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 926 million ($17.05 million) in March, up 5.12 percent compared to the corresponding month of 2012. In terms of units sold, in ...
Tags: Metallurgy, Mineral, Energy, steel
Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips
The Intimate Apparel Association of India (IAAI) expresses its gratitude to the Hon. Finance Minister of India, Shri. P. Chidambaram for his move of rolling back excise duty from the ensuing financial year. The Centre had levied 10% central ...
Hewlett-Packard reported a drop in profit for the last quarter as printer and PC sales both declined, but said cost-cutting measures the company announced last year are starting to pay off. HP reported earnings for the first quarter of ...
Tags: Hewlett-Packard, profit, PC sales
Hewlett-Packard's CEO has dismissed persistent rumors that the company might break itself up in a move that could create more value for shareholders. "We have no plans to break up the company. I feel quite strongly that we are better and ...
Intel is set to launch a web-based video streaming service this year, as the chipmaker attempts to find new means of making profit in the face of declining PC sales. The world's largest computer chip manufacturer has felt the force of a ...
Tags: Intel, web-based video, PC sales
Fresh market share figures for the UK grocery sector show strong gains for discounters Aldi and Lidl as consumer budgets are squeezed by inflation. Aldi and Lidl saw sales rise by 28% and 10% respectively in the 12 weeks to 20 January, ...
Tags: Tesco Stabilises, Aldi, Lidl Pile
Switzerland-based food group Huegli reported a 2% drop in sales for 2012, but added that it has recovered from a "slump" in the third-quarter of the year. Huegli said today (29 January) that net sales for the 12 months to the end of ...
True to their tradition, textile and clothing shops in Spain have started offering discounts (rebajas) on the purchase of their products from the next day of Reyes, the day of the Kings, usually celebrated on January 6 each year. ...
Tags: textile shops, clothing shops, Spain, rebajas, ACOTEX
In terms of mergers and acquisitions, restructuring, portfolio changes and investment projects, one of the most active sectors in the European coatings supply chain is dispersions. Despite a slow growth in demand for coatings, ...
Tags: coatings supply, European, VOCs, dispersions market
French dairy firm Danone has unveiled a cost reduction and adaptation plan to generate EUR200m savings in Europe in the next two years. With this move, the company is seeking to address the significant decline in sales in the region and ...
Tags: dairy firm Danone, cost reduction, adaptation plan, EUR200m savings
Growth in the storage market slowed down during the third quarter, but vendors such as Hitachi, EMC and Fujitsu still had a good three months thanks in part to sales of high-end systems. Revenue totalled US$5.3 billion in the third ...
Amid stiff competition from the likes of Google and Apple, Research In Motion is planning a series of sweeping changes that will see the company delay a key update to its BlackBerry operating system, reduce the number of phones it sells, ...
Tags: RIM, BlackBerry 10, iconic smartphones
Dell’s financials have taken a turn for the worse following a drop in sales of its mobility products. The company reported a 47% fall in profits when compared with the same period in 2011, recording $475m for the third quarter of ...
Tags: Dell, financial, drop, mobility products