The European economy is forecast to grow by circa 1.2% this year, given fresh impetus by the €60 billion a month of quantitative easing recently initiated by the ECB. This has caused a significant depreciation of the euro; we’ll ...
The new iPhone sales in China outpaced those in the US for the first time, helped by the Chinese Lunar New Year celebration and it boost Apple's profits in Q1. Apple Inc beat Wall Street's revenue and profit forecasts on Monday on the back ...
Tags: iPhone 6, Apple Watch
Jarden Corp. reported sales at its Outdoor Solutions segment fell 8.6 percent to $624.9 million from $684.1 million a year ago. Segment operating income fell 47.4 percent to $19.1 million from $36.3 million. Excluding acquisition-related ...
Tags: Jarden, Outdoor Solutions
For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...
After a slowdown in demand in the second half of last year in many parts of Europe, coatings companies in the region have become less confident about the short-term future. However, despite economic forecasts of relatively slow growth in ...
China-based solar-grade polysilicon maker Tebian Electric Apparatus had net profit of CNY1.811 billion (US$294 million) for 2014 hiking on year by 31.49%, while fellow maker Daqo New Energy saw operations swing from net loss of US$70.9 ...
Even as most players in India’s e-commerce space are struggling to break-even, a recent report has estimated that the industry may turn profitable at an operating level by around 2020. According to UBS Securities, the Indian ...
Some first-tier China-based PV module firms have asked Taiwan solar cell makers to supply products on credit from, and the suppliers are considering whether to accept the requests, according to industry sources. These China-based PV ...
Tags: PV Module, solar cell
Despite concerns over lethargic industrial output and increasing downward pressure in the first quarter (Q1) of 2015, growth in China's key emergent sectors fed positive sentiment. Industrial output in China grew 6.4 percent year on year ...
Philips originally planned to spin off its wholly-owned subsidiary Lumileds and automobile lighting business to make them an independent company by the end of the first half 2015. But on March 31, Philips announced a deal to sell a 80.1% ...
Tags: Philips, Lumileds, automobile lighting
Magnolia Solar Corp of Woburn, MA and Albany, NY, USA says that its subsidiary Magnolia Solar Inc was recently awarded three additional patents by the US Patent and Trademark Office (USPTO). US Patents 8,921,687, 8,969,711 and 8,981,207 ...
Tags: Magnolia, Solar Flexible CIGS, Electrical
ACCC attacks government’s Competition Review recommendations, while other sectors respond The recommendations published this week in the Harper Competition Review Final Report have been largely welcomed by industry and regulators. ...
Tags: ACCC, Recommendations, Food
IC packaging material and tool distributor Niching Industrial has posted net profits of NT$61.37 million (US$1.96 million) in 2014, up 116% on year and hitting a 3-year high. The earnings translated into a net EPS of NT$1.57. Niching ...
In recent years, environmental protection has become an important issue for the Chinese government and for Chinese citizens from all walks of life, rising to the same status as economic development. According to transport development and as ...
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance