In a speech to be delivered today in Hong Kong, the Treasurer says he is due to hold further talks with Hong Kong financial secretary John Tsang this week in a bid to increase yuan investment and trade with Australia. The negotiations to ...
Tags: Hong Kong, Treasurer, finance, global trade payments
IDG News Service - As the economy improves and at least some of the concerns about the so-called U.S. "fiscal cliff" are resolved, desire for new mobile, analytics and storage technology will drive IT spending this year, according to market ...
Tags: storage technology, tech industry, IT, Software
The HUGO BOSS Group posted profitable growth in the first nine months of 2012. The Group's own retail operations made a particular contribution to this performance with a double-digit increase in sales. Growth was posted in all regions. ...
Tags: HUGO BOSS Group, Claus-Dietrich Lahrs, retail business
In November 2012, H&M Group total sales including VAT in local currencies increased by 7 percent compared to the same month the previous year. Sales in comparable units decreased by 1 percent. Comparable units comprise the stores and the ...
Tags: H&M Group, Apparel, Sales in the fourth quarter, total sales
PTI reported that India and Japan recently signed a currency swap agreement for up to USD 15 billion to address short term liquidity problems. The bilateral swap arrangement between the Reserve Bank of India and the Bank of Japan enables ...
Tags: swap agreement, Reserve Bank of India, Bank of Japan, PTI
Swiss food manufacturer Huegli has blamed higher commodity costs for a plunge in half-year profits. The firm, which makes organic consumer brands and supplies other food manufacturers, as well as retailers and foodservice operators, ...
Tags: Huegli, commodity costs, plunge, half year profits
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry
Swiss food ingredients group Givaudan has booked an increase in first-half profits. In the six months to the end of June, net profit increased 67.5% to CHF201m (US$207.9m). Operating profit amounted to CHF295m, a 27.7% increase on the ...
Tags: food ingredients, flavours, fragrances, net profit
Barry Callebaut, the Swiss B2B chocolate manufacturer, today (5 July) reported a 2% increase in sales for the first nine months of its fiscal year, with contracts in the Americas helping revenue. Sales were up 2.3% to CHF3.59bn ...
Tags: chocolate manufacturer, chocolate, chocolate decorations
Swiss chocolate maker Barry Callebaut has reaffirmed its mid-term guidance, depsite booking a drop in full-year profit. In the 12 months to the end of August, the company reported a net profit of CHF142.6m (US$151.7m), down from CHF178.6m ...
Tags: chocolate maker, chocolate, gourmet business, chocolate products
Clariant, a world leader in specialty chemicals, announced sales of CHF 1.923 billion in the third quarter 2012, up 3% compared to CHF 1.865 billion in the previous-year period. In local currencies, sales were 3% lower. In the third ...
Tags: Specialty chemicals firm, chemicals firm, sales, chemical industry
Greenphire has signed a deal to provide its ClinCard technology platform to an undisclosed pharmaceutical company conducting a long-term clinical trial. Around 1,000 patients from six countries will participate in the five-year Phase III ...
Wabco Holdings, a global technology leader and tier-one supplier to the commercial vehicle industry, has reported sales of $657m for the first quarter of 2012, up 0.5% in local currencies when compared to corresponding quarter previous year ...
Tags: wabco holdings, commercial vehicle, marginal rise, Q1 sales
Wabco Holdings, a global technology leader and tier-one supplier to the commercial vehicle industry, has reported sales of $ 635m for the second quarter of 2012, a decrease of 4.5% in local currencies compared to corresponding quarter ...
Tags: commercial vehicle, Wabco Holdings, earnings per share, operating income
Hennes & Mauritz AB (H&M) releases the Interim Report for the nine month of fiscal year (1st Dec 2011 – 31st Aug 2012). Nine Month The H&M Group’s sales including VAT increased by 11 percent in local currencies and in SEK ...
Tags: H&M, VAT, Karl-Johan Persson, personal style