The University of Michigan preliminary consumer sentiment index for January rose to an 11-year high of 98.2, helped by a strengthening job market and lower fuel costs. The preliminary reading was the highest since January 2004, and up ...
Tags: job market, fuel costs, Sporting Goods
Nestle, Swiss food giant, is going to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years. Its North East Africa Region CEO said the kind of investments they have made over the last three to four years ...
Tags: Nestle, food giant
Things are looking up for HTC. The troubled smartphone maker has just announced its first sales growth in three years. Sales in the fourth quarter of 2014 hit NT$47.9 billion (£990 million), which is up from NT$42.9 billion in the ...
Tags: HTC, CES, Consumer Electronics
Things are looking up for HTC. The troubled smartphone maker has just announced its first sales growth in three years. Sales in the fourth quarter of 2014 hit NT$47.9 billion (£990 million), which is up from NT$42.9 billion in the ...
Tags: HTC, CES, Consumer Electronics
The Chinese mainland's gold purchases from Hong Kong in 2015 may hold around this year's levels as physical demand in the world's biggest consumer remains stable and the country considers easing restrictions on imports. Net imports ...
Tags: Yellow Metal
Everything you need to know about the Samsung Galaxy S6 The Samsung Galaxy S6 release date is fast approaching, and with 2015 now upon us, a flurry of Galaxy S6 leaks and rumours have started to surface. With the Galaxy S6 release date ...
Tags: Samsung, Consumer Electronics
China's plan to merge its two railway vehicle manufacturers CNR Corp and CSR Corp into one conglomerate will create an industrial giant which will provide a significant boost to the country's export sector.The planned marriage is expected ...
Tags: CNR Corp, CSR Corp, railway vehicle
Royal Philips NV (PHG) plans to buy medical-imaging company Volcano Corp. (VOL) for $1.2 billion, in one of Philips’ largest acquisitions in years, according to a Bloomberg report. The purchase of San Diego–based Volcano will ...
The firm is on track to hit 36.8 billion yen this year, thanks to the launch of the interactive figurines. Nintendo is experiencing a surprise comeback this year, as its profit triples thanks to its new interactive figures, Amiibo. The ...
Tags: interactive figurines, Toys
Posted in Medical Device Business by Nancy Crotti on December 12, 2014 A federal judge has warned C.R. Bard Inc. (BCR) to settle outstanding pelvic mesh lawsuits or face billions of dollars in jury awards to plaintiffs, according to a ...
Tags: mesh lawsuits, plaintiffs, Health
Leshi Internet Information & Technology founder Jia Yueting is planning to apply for a license to manufacture and sell electric vehicles (EV) in China. Leshi Internet makes web-enabled televisions and has already made an electric car, ...
Tags: Leshi, Electric Cars
Volkswagen has reportedly acquired 5% stake in battery maker QuantumScape to develop technology which will help the company boost the range of electric cars it offers. Volkswagen is planning to use the fireproof battery technology in its ...
Tags: Battery, fireproof battery technology, Auto
Honda is planning to expand the Takata airbag related recall to three million vehicles in the US. Previously the company recalled around 2.8 million vehicles mostly in humid areas of the US, where humidity could make the inflators more ...
Universal Sports Network and Lagarde Unlimited announced plans for Beyond the Medals - The Business of Sport, a new, original sports program that provides viewers with an inside look at the world of Olympic sports. Hosted by sports ...
Tags: Rio Olympics, TV Show, Sporting Goods
French yogurt maker Danone is contemplating sale of its 20% stake in Tokyo based dairy-drink producer Yakult Honsha, which if materialised, can raise cash for any future acquisitions by Danone. Bloomberg reported that Danone already had ...
Tags: Danone, Yakult, Agriculture