Consumers worldwide are projected to spend some spend $2.1 trillion in 2012 on digital information and entertainment products, such as mobile phones, computing equipment, digital media and services, according to Gartner. The Gartner ...
Tags: Consumers, 2012, mobile phones, computing equipment
Reuters reported that energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that ...
Tags: Commodities Market, Market Trend, Metallurgy, Mineral Energy
Weak overall economic growth persisted in the third quarter of 2012,increasing by 2.7 percent,and the sluggish pace characteristic of the current expansion is likely to continue,according to the quarterly Manufacturers Alliance for ...
Tags: overall economic growth, current expansion, sluggish pace
Intel warned Tuesday that it expects to see lower-than-anticipated growth for c because consumer spending in Western Europe and North America has not recovered as predicted. The news came as the company posted mixed results for the second ...
Tags: Intel, growth, business outlook
Four BRIC countries (India, China, Brazil and Russia) and a few other Latin American countries like Mexico have proved to be the 'Knight in Shining Armour' for embattled luxury home textile producers and brands across the world following ...
Tags: BRIC countries, Shining Armour, luxury home textile, developed economies
The European Commission (EC) wants to impose pension changes that would cost UK businesses £350bn (eURO440bn) and 180,000 jobs, according to research commissioned by the Confederation of British Industry (CBI). Describing the ...
Tags: EC's Pension Proposals, Health, UK Business
Amazon.com made a net loss in the third quarter, its first loss in nine years, even as revenue increased by 27 percent year on year. The US$274 million third-quarter loss compared with a net profit of $63 million a year earlier. Net sales ...
Tags: Amazon, Kindle, net profit, sales
There were a lot of reasons for Gartner researchers to give a gloomy economic outlook at its Symposium/ITxpo conference here, especially after the latest round of quarterly reports from Intel, IBM and others. But the picture painted by ...
Advanced Micro Devices expects its second-quarter revenue to drop by 11 percent from the first quarter due to slow sales in China and Europe,the company said Monday. AMD had said previously that its revenue for the quarter,ended June ...
Tags: China, Europe, AMD, Advanced Micro Devices, PC market
Retail sales in November, which are typically viewed as the beginning of the holiday shopping season, showed a solid performance with annual and sequential gains, according to data released today by the United States Department of Commerce ...
Tags: retail sales data, sales, sales data, retail sales
Bloomberg quoted Treasurer Mr Wayne Swan before a government report on gross domestic product this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. ...
Tags: iron ore, coal, Australia, resource projects
US chicken manufacturer Pilgrim's Pride returned to profit in the first half of its financial year but has warned of "challenges" ahead. In the six months ended 26 June, the company made a net profit of US$108.5m compared to a net loss ...
Tags: Pilgrim's Pride, net profit, net loss, operating profit
JM Smucker has booked an increase in second-quarter earnings and raised its outlook for the full-year. The US spreads-to-coffee group said that quarterly profits rose to US$148.8m in the three month period, up from $127.2m in the ...
Tags: Smucker, increase, second-quarter earnings, outlook for the full-year
UK confectioner Thorntons has sounded a cautious note ahead of the Christmas period as it booked a drop in first-quarter sales. In the 14 weeks to 6 October, sales fell 1% to GBP46m (US$73.6m), mainly due to the effect of the closure of ...
Tags: sales, confectioner, profit
World demand for protective packaging is forecast to increase 6.3 percent per year to$24.5 billion in 2016,according to a new report titled World Protective Packaging,a new study from The Freedonia Group,Inc.,a Cleveland-based industry ...
Tags: Demand, Protective, Packaging