Just like Australia Post, the UK's Royal Mail is experiencing a loss of profitability from the parcel boom and mail bust. It is, however, also looking down the barrel of Amazon’s own delivery network, which threatens future growth ...
Tags: Royal Mail, Parcel Pinch, Service
In the third quarter ending September 30, 2014, higher sales volume of high margin ethane-based products, helped net profit at Petronas Chemicals climb 4.1 percent, from a year ago quarter. Net profit in the third quarter of 2014 rose to ...
Just a month after Dutch electronics giant Philips said it would separate its healthcare and lighting businesses, German industrial conglomerate Siemens has announced a similar strategy. Siemens CEO Joe Kaeser announced Thursday that ...
Tags: Siemens, Healthcare Business, Medical Device
U.S. jewelry and watch sales from all retail outlets in September increased 3 percent year on year to $5.521 billion, according to preliminary government figures. As is often the case, the sector's totals for previous months were revised, ...
The diamond and jewelry market, like the global economy, is sending mixed messages ahead of the holiday shopping season. The prevalent claim that the economy is showing its strongest prospects since the 2008 crash is being disputed by ...
Tags: diamond, jewelry market
Brunswick Corporation reported adjusted operating earnings increased 45 percent in the third quarter on a 13 percent revenue gain. Fitness segment sales, including Life Fitness, and Marine Engine segment revenues, each grew 11 percent. Boat ...
Tags: Brunswick, Marine Engine
Did Microchip Technology get ahead of itself last week by suggesting that its downward revenue forecast was a negative bellwether for the whole semiconductor market? Or is there a macro-economic weakness, foreshadowed by Microchip, that ...
Tags: IC Industry, Microchip
The decade of the 1950s saw women's clothing in China lose all aesthetic significance after the founding of New China. After experiencing the Great Leap Forward [*note] and the People's Communalization Movement [*note], Chinese women's ...
Algerian food processor Cevital has filed a binding bid to acquire Lucchini's steelmaking plant in Piombino in Italy's Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero ...
Tags: food processor, Algerian Group
American agribusiness company Cargill has reported net earnings of $425m in the fiscal 2015 first quarter ended 31 August, down 26% from $571m in the year-ago period. Revenues in the first three months totaled $33.3bn, a 2% change from ...
Tags: Cargill, Net Earnings, Food
Demand for specialty biocides in the U.S. is forecast to rise 4.0 percent per year to $3.9 billion in 2018. In volume terms, demand is expected to increase 1.0 percent annually to 1.5 billion pounds over the same period. “A strong ...
Tags: specialty biocides, Biocide demand
Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy the steel complex of Italian steelmaker Lucchini in Piombino, Tuscany, Italy, while not wanting to take on ...
The economic recovery may be continuing to gather momentum, however the latest information from the BDRC Continental SME Finance Monitor highlights the Forum of Private Business's ongoing concern that distrust of the banking sector is ...
Tags: Economy
The global chip-on-board LED market is expected to reach $9179.7m by 2020, according to the report ‘Chip on Board (COB) Light Emitting Diode (LED) Market Analysis By Application (Automotive, Backlighting, Illumination) And Segment ...
Tags: LED Market, COB LED
American Tire Distributors Holdings Inc. posted a net loss of $49.5 million on net sales of more than $1.2 billion for its second quarter ended July 5, 2014. That compares to a loss of $5.8 million on sales of nearly $1 billion for the same ...