BÜCHI Labortechnik AG, a leading supplier in key technologies for laboratory equipment, expands its worldwide presence with the opening of the new Moscow office. To enlarge its presence is the consequence of the emerging markets ...
Better management of input costs and higher sales in emerging markets have helped global snacks giant Mondelez International report higher underlying profits in 2012. The Cadbury owner booked a 4% increase in operating income to US$3.64bn ...
Tags: Cost Control, Developing Markets, Mondelez
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
Nestle has dismissed suggestions its days of "easy gains" in emerging markets are over as the group recorded what one analyst described as "sustained weakness" in Asia, Oceania and Africa. The Swiss food giant this morning (14 February) ...
Tags: Nestle, emerging markets, food giant
Global food group Nestle this morning (14 February) booked an increase in full-year profits but slowing underlying sales growth. The company also pointed to 2013 as looking every bit as "challenging" as 2012. Analysts gave a mixed view of ...
Tags: food group, Nestle, 2013
Global snacks giant Mondelez International has affirmed confidence in its ability to increase sales by at least 5% on an organic basis in 2012 amid concerns on Wall Street. Better management of input costs and higher sales in emerging ...
Tags: snacks giant, Mondelez International, sales
Hasbro reported a slight drop in overall revenues and profit for its 2012 financial year, as expected. It said the holiday season was "challenging" in certain territories. Net revenues for the full-year 2012 were $4.09 billion, compared ...
Tags: Hasbro Profits, Toys, overall revenues
Apple is experimenting with watch-like wearable devices with some smartphone capabilities, as the company looks at new product categories for future growth, according to reports. The company has discussed the design with manufacturing ...
Samsung Electronics has launched REX, a new series of "smart feature phones" that it will sell in emerging markets. Countries such as Brazil, Russia, India, Indonesia and China will drive much of the volume growth in the global phone ...
Nokia and LG Electronics have both launched new phones that can handle two SIM cards, as they aim to attract more buyers in developing countries. Offering dual-SIM products has become increasingly important in the last couple of years . ...
Tags: Nokia, LG Electronics, phone market
Old Mutual has completed the acquisition of a majority stake in Oceanic Life, the life assurance operations of the former Oceanic Bank in Nigeria. Financial terms of the transaction, which was originally announced in February 2012, have ...
Tags: Old Mutual, majority stake, Oceanic Life
UK branded chocolate sales will show growth over the next three years, according to a new report by the Economist Intelligence Unit (EIU) and Mintel. In this exclusive video, Peter Ayton, global consumer analyst at Mintel, said consumers ...
Samsung has launched a new series of “smart feature phones” called REX, which the firm will sell in emerging markets. Countries such as Brazil, Russia, India, Indonesia and China will drive much of the volume growth in the ...
Tags: Samsung, smart feature phones, REX, emerging markets
A two per cent profit margin is 'success' for a PC manufacturer, according to Lenovo's COO of EMEA, Gianfranco Lanci. Lenovo overtakes Acer’s EMEA PC sales but HP remains top Analysis: PC makers need to shape up or ship out HP ...
Irrespective of the continued global economic slowdown, the luxury market in India is pegged to grow at 25% in 2013 till 2015 and likely to touch US$ 15 billion from the current level of US$ 8 billion, reveals the ASSOCHAM-Yes Bank study. ...
Tags: Luxury Market, India, 2015