The Australian Ministry of Finance has announced that the 30 percent Minerals Resources Rent Tax (MRRT) on coal and iron ore has been finally repealed. The repeal bill is now moving to the House of Representatives where it is expected to ...
Tags: Mining Tax, Mineral
Danish brewer Carlsberg has announced that its annual profits may witness a slump as a result of decreasing consumption in eastern Europe. Consumption in both the countries has dropped due to sanctions and new drinking laws announced by ...
Manchester United has reached a ten year agreement with Adidas for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of 50 million, subject to certain adjustments, beginning with the 2015/2016 campaign. ...
Tags: agreement, Adidas, Sporting Goods
Total sales at Argos grew by 5.2 per cent to £526m in the eight week period to March 1st Home Retail Group has enjoyed a total sales growth at Argos by 5.2 per cent to £526m in the eight week period to March 1st. Electrical ...
Tags: Toys
Collins Pipe & Supply Co., announced that they have successfully reached an agreement in principle for the acquisition of the assets and staff of the Marcus Hook, Pennsylvania location of Apex Remington Pipe & Supply Company, formerly Bear ...
Tags: Processing Machinery
The main story in the UK corrugated industry remains that of material prices, although another seismic bit of industry restructuring may well be afoot (I may be able to say more next month). In the meantime, a gradual dilution in happiness ...
Iceland Foods has big plans for its processing arm and exports that will put reports of falling annual profits and weak sales growth into perspective, according to one director. The discount frozen food chain bought manufacturer Loxton ...
Tags: Agriculture, Food
Telecoms giant BT reported a two per cent rise in its full-year profits to £2.5bn for the year to 31 March, but revenues for the year slipped five per cent to £18bn. BT beat analysts' expectations of a five per cent drop in ...
Tags: Computer Products, BT
The 30 percent Minerals Resources Rent Tax (MRRT) in Australia requiring mining companies to pay tax when their annual profits reach $75 million, a measure designed so as not to burden small businesses, raised only A$126 million in the ...
Tags: Australia, Mining Tax, Metallurgy
Foxconn's Hon Hai Precision Industry posted record annual profits last year, a sign that production of Apple products remains strong despite heightened competition from rival electronics vendors. Hon Hai Precision, the central ...
Tags: Apple, Hon Hai Earns, Annual Profit
An increase in prices has driven improved annual profits at Fresh Del Monte Produce, the company announced today (19 February). Fresh Del Monte booked underlying net income of US$147.4m for 2012, up from $107.4m a year earlier. The ...
Tags: annual profits, Fresh Del Monte Produce, 2012, Profits
US snack manufacturer Snyder's-Lance has set 2013 forecasts below Wall Street consensus, hitting the company's shares. Shares in Snyder's-Lance closed down 3.26% at $25.25 yesterday (12 February) after an earnings forecast that lower than ...
Tags: snack manufacturer, share, profits
The Co-operative Bank could write-down up to £200m of IT investments if it finalises a proposed acquisition of 632 Lloyds Banking Group (LBG) branches. The Co-op Bank's annual profits could be impacted significantly if its ...
House of Marley today introduced its newest collection of earth-friendly,premium quality personal audio and lifestyle products at the 2013 International Consumer Electronics Show(CES),taking place January 8-11,2013 at the Las Vegas ...
Tags: House of Marley, CES, 2013, audio systems
UK food manufacturer Princes has booked an increase in annual profits thanks to its acquisition of canned food assets from Premier Foods last year. The company grew profit after tax by 13% in the year to 31 March to GBP31.1m ...
Tags: Premier Canning, Agriculture Food, FY Profit, Princes