Microsoft and Oracle are set to reveal details of a new partnership on Monday, one of a "startling series" of announcements Oracle CEO Larry Ellison promised next week around the Oracle Database 12c. Oracle will be announcing next week ...
Tags: Oracle, Microsoft, Database 12c
The All Pakistan Textile Mills Association (APTMA) has said that the textile mills in the Punjab province of Pakistan are likely to face further losses due to energy crisis in the sector. Spokesperson of APTMA said the electricity ...
Tags: Pakistan, Textile, textile mills
After Philips transferred its Audio and accessories businesses to Japanese companies, this consumer electronics giant has completely taken off the "electronic" coat. It was pointed out in the latest news from Philips that the "Royal Philips ...
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
Is the New Zealand equity market a bubble? With global short-term interest rates at close to zero and a number of central banks pumping liquidity into markets as fast as their printing presses allow, there are clear signs that asset bubbles ...
Tags: Paul Glass, Construction
Renewed demand for banking stocks has driven the overall Australian sharemarket higher. The benchmark S&P/ASX200 index was up 34.1 points, or 0.71 per cent, at 4825.9. The broader All Ordinaries index was up 29.5 points, or 0.62 per ...
Tags: Banking Stocks, Sharemarket
US-based pork producer and processor Smithfield Foods has reported a 62.6% decline in net earnings to $29.7m for the fourth quarter of 2013, compared with $79.5m for the same period a year ago due to rise in feed costs and decline in hog ...
Tags: Smithfield Foods, Net Income
Dorel Industries will lay off 50 people worldwide across the recreational and leisure segment as a result of a soft first half, the company announced in a statement early Thursday. The segment includes Cannondale, Schwinn, GT, Mongoose, ...
Tags: Transportation, bike
To meet the growing demand for gallium in LED manufacturing in North-East Asia, specialty metal and chemical products firm 5N Plus Inc of Montreal, Quebec, Canada is to invest in a new gallium chemicals facility to be located in South ...
Tags: 5N Plus, LED, Electrical, Electronics
Malaysia's re-elected Prime Minister Najib Razak announced yesterday that foreign investors and fund managers would be given five-year multiple entry visas, and that overseas corporations trading in oil and related products in the country ...
Tags: Najib Razak, Foreign Investors
Synutra International, a China-based infant formula manufacturer, has reported that its net earnings for the fourth quarter of 2013 c to $3.3m, compared with $7.5m for the same period in 2012. For the period ended 31 March 2013, the ...
Tags: Net Earnings, Food
The Prada spa Board of Directors reviewed and approved the consolidated results for the quarter ended April 30, 2013 which show steady revenue and earnings growth. Highlights: - CONSOLIDATED NET REVENUES of Euro 782 million, +14% - ...
Tags: Prada Group, Apparel
Mindray Medical International, China-based medical device company, has entered into a definitive agreement to purchase ultrasound systems developer Zonare Medical Systems for $105m. Mindray expects the acquisition deal to strengthen its ...
Tags: Mindray Medical, Medical Systems
The company anticipates earnings per share in the range of $0.39 to $0.43. Texas Instruments (TI) said it expects to post revenue in the range of $2.99bn to $3.11bn for the second quarter of 2013 compared to the previous estimates. The ...
Tags: Electrical, Electronics
Analyst concerns that Galaxy S4 smartphone sales are lagging sent Samsung's shares down 6% early Friday. Samsung's Galaxy S4 The decline in Samsung's stock follows analyst worries that a more affordable Galaxy S4 Mini or the rugged ...