The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
The Australian dollar came under a fresh wave of selling yesterday on news of weaker-than-expected economic growth in the first quarter, which reignited talk of further rate cuts this year. Government figures showed gross domestic product ...
Tags: Australian Dollar, Rate Cuts
Porsche’s former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen. Bloomberg reports Holger Haerter was convicted ...
Tags: Porsche, Fraud, Volkswagen Bid
Global videogame publisher 505 Games today announced its product lineup for this year's Electronic Entertainment Expo (E3) taking place at the Los Angeles Convention Center from June 11-13. PAYDAY 2, Brothers – A Tale of Two Sons and ...
Tags: 505 Games, E3 2013 Lineup
Fashion is among the fastest growing e-commerce category, with online traffic to the sector increasing by seven percent and the number of clothing and accessories sites growing by 126 percent year-on-year, according to a recent report ...
Tags: e-commerce, fashion
Tesco continues to struggle across Europe, with like-for-like sales excluding petrol down 5.5% as “tough economic conditions, challenging competitors and over-dependence upon out-of-favour hypermarkets” take their toll. ...
Tags: chilled convenience meals, frozen beef, Tesco, Darren Shirley
Customers who purchase certain new 2014 Chevrolet, Buick, or GMC vehicles will receive two years or 24,000 miles (whichever comes first) worth of free maintenance. The program, which is typically reserved for premium brands, (Cadillac ...
Tags: GM, Free Maintenance
Amazon.com has set up a website with its brand in India, but will not be selling on the site. In line with Indian government rules, the new marketplace Amazon.in is only offering sales and order fulfillment services to Indian retailers. ...
Foreign media said that China and Costa Rica have inked agreement, according to which China will offer loans worth USD 400 million to Costa Rica. Most of the loans come from The Export-Import Bank of China (China Eximbank). The lender ...
Tags: Loans, Costa Rica
Several online businesses have clarified terms and conditions that could mislead consumers about their rights following action by the Australian Competition and Consumer Commission. Last September, the ACCC joined international consumer ...
Tags: ACCC, Online Shopping, Shopping
After their expectations reached a 24-year low in the previous quarter, businesses are indicating that price rises are on the agenda in the new financial year as they seek to retain profits while compensating for cost pressures and low ...
Tags: Service, Bank, Price Expectations
The Australian dollar is almost half a US cent lower after global investors reacted to yesterday' s interest rate decision. At 7am AEST the currency was trading at 96.50 US cents, down from 96.93 cents at yesterday’s local close. ...
Tags: RBA Statement, Australian Dollar
JoS. A. Bank Clothiers, Inc. announces that net income for the first quarter of fiscal year 2013 was $8.1 million as compared with net income of $14.8 million for the first quarter of fiscal year 2012. Diluted earnings for the first ...
Tags: Clothiers Reports, Apparel
Scottish potato crisp firm Mackie's at Taypack is set to open a new manufacturing facility in Errol with support from Clydesdale Bank. The new facility, which is 60% larger than the company's current unit at Moncur, Perthshire, will ...
Tags: potato crisp, Agriculture
The European Investment Bank (EIB) has granted Renault a 400 million euro ($544 million) loan to aid research and development of its next generation of affordable, environmentally friendly vehicles. Announced at the Renault Group’s ...
Tags: Renault, Fuel-Efficient Vehicle, Loan