According to the Society of Indian Automobile Manufacturers (SIAM), Indian motor vehicle production in April this year decreased 2.8 percent as compared to April 2012 with 1,721,455 vehicles produced. In the latest Indian fiscal year (from ...
Tags: Motor Vehicle, Mineral
Sun Life Financial has reported operating net income from continuing operations of $448m for the first quarter of 2013, compared to $437m during the comparable period last fiscal. Reported net income from continuing operations stood at ...
Tags: Sun Life, Financial report
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
The Wet Seal, Inc., a leading specialty retailer to young women, reported net sales of $140.4 million and a comparable store sales decline of 2.9% for the 13-week period ended May 4, 2013. The results exceeded prior guidance for net sales ...
Japan's Toshiba says its quarterly net profit has tumbled 62 per cent from a year earlier, with demand for its televisions, computers and other digital products stumbling. The technology and engineering conglomerate said it had earned ...
Tags: Toshiba, net profit
New hydraulic fracturing rules being developed by the Obama administration will drive oil and gas development from federal lands, a panel of industry and state officials said in their prepared testimony to a House committee Wednesday. The ...
Bangladesh has resumed piped natural gas connections to households from Wednesday -- after nearly three years -- amid increasing illegal connections and repeated pleas from affected stakeholders, including the real estate industry, Energy ...
Tags: Gas Connections, Gas
Enbridge, the Calgary-based crude oil carrier, will have to "wait and see" whether it faces a replay of rival TransCanada's Keystone XL regulatory battle as it seeks US State Department approval for changes to its Alberta Clipper (Line 67) ...
Tags: Enbridge, Alberta Clipper
Indian apparel industry is expecting positive growth in the coming years mainly due to the removal of excise duty on branded garments and madeups along with expected revival of overall economy. A report released by Care Research, a ...
Tags: Apparel Sector, Apparel
Fusion-io President and CEO David Flynn has resigned and will be replaced by Shane Robison, the former CTO of Hewlett-Packard. Flynn resigned effective immediately "to pursue entrepreneurial investing activities," according to a news ...
Tags: Computer Products, software
Amsterdam-based ING group has reported 38.2% increase in its total underlying net profit for the first quarter of 2013, which stood at €800m compared to €579m during the same period earlier year. For the three months ended on 31 ...
Tags: ING, Net Profit
Fuji Heavy Industries (FHI), the maker of Subaru automobiles, has reported 13.2% rise in sales to 724,000 units for the financial year 2013 that ended on 31 March, compared to the prior year. The company's net sales reached JPY1,913bn, a ...
Tags: Fuji, automobiles
The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
Holden has announced a net loss of $152.8 million for the 2012/2013 financial year – the second largest in its history – a result it blames predominantly on reduced demand for its Australian-made vehicles. The local ...
Tags: Holden, Second-Biggest Loss
To counter the severe competition and soaring cost of producing carpets, Nepali carpet manufacturers and exporters are now focusing on manufacturing of high-end carpets that face relatively less competition. Due to incursion of ...
Tags: Nepali Carpet, Textile