For its fiscal third-quarter 2016 (to end-January), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $309.2m, down 3.7% on $321.1m last quarter but up slightly on $306.8m a ...
Tags: Finisar
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
Australia-based dairy company Murray Goulburn (MG) is partnering with Indonesian health and infant nutrition company Kalbe Nutritionals and US-based Mead Johnson Nutrition (MJN), to set up $300m infant formula processing facility at Koroit ...
Tags: MG, Kalbe Nutritionals, MJN, Nutrion infant powders
Chancellor of the Exchequer George Osborne delivered his eight Budget today, with some of the main points outlined as such: Business - The headline rate of corporation tax, which is currently at 20%, will fall to 17% by 2020 - ...
Tags: George Osborne, Budget, Chancellor
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
Apple is reportedly the latest company to ditch Amazon and adopt Google for its cloud computing needs. Amazon Web Services and Microsoft's Azure are the two biggest cloud computing platforms in the world, and are where the vast majority ...
Tags: Apple, Google, Cloud services
Children should learn mainly though play up until the age of eight, says head of LEGO Foundation Hanne Rasmussen. The LEGO Group has put £4 million into a new LEGO Professorship at Cambridge University to help forward research in ...
Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
Need a flexible coding option for both primary and secondary packaging?Check out the new Linx 8900 continuous inkjet printer. Able to code three lines of text and numbers, barcodes and symbols from just 1.8mm up to 20mm high, this flexible ...
Spun-off from ITT Corporation in October 2011, Xylem Inc. was formed from ITT's separate water businesses and now operates as a global water technology organization. The company was organized into the five areas of transport, treatment, ...
Tags: Xylem, ITT, Patrick Decker
A new smart toothbrush from Oral-B uses motion sensors and a smartphone camera to ensure users pay due attention to all of their choppers. The Oral-B Genius features Positional Detection Technology to give users a read-out on areas they ...
Tags: Oral-B, Toothbrush, brush
Cold medicine, sanitary pads, silk stockings, condoms and other daily necessities ranked high on Chinese people's overseas shopping list during the country's Lunar New Year when an estimated 6 million Chinese spent a record 90 billion yuan ...
Tags: Cold medicine, sanitary pads
Star Wars was not the only force making a come-back in 2015. The return of generic advertising brought with it a promise of increased profitability for the diamond trade. Even as numerous stories reflecting pain in the industry vied for our ...
Coca-Cola South Pacific is asking its customers to embrace the fun side of life in its latest multi-million dollar Fanta soft-drink marketing campaign. Named ‘Be More Fanta’, Coca-Cola South Pacific says the campaign is ...
Tags: Coca-Cola, outdoor advertisements
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks