Mazda Motor said it sold a record 775,000 vehicles in the first half of its 2016-17 fiscal year, slightly more than the previous record set last year. Europe contributed 123,000 units, up 12% year-on-year thanks above all to robust sales ...
Tags: Mazda, Mazda Motor
Motorola’s new Moto M smartphone may not be official just yet, but it might as well be. China’s online shopping outlet TMall has already listed the Moto M, despite the phone not being due for launch until later today. The good ...
Tags: Motorola Moto M, smartphone
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
If you're a GTA Online player and you've used a mod, cheat, or glitch to swell your in-game bank accounts, you might be disappointed the next time you load up the game. Rockstar Games has launched a new crackdown on players who have ...
Coca-Cola has reported a 7% decrease in its net sales to $10.6bn for the third quarter of this year, compared to $11.4bn for the same period in 2015. The soft drinks giant has blamed the impact of foreign currency and structural changes ...
Tags: soft drinks, beverage
Crown Holdings announced its financial results for the third quarter ended 30 September 2016. Third Quarter Highlights Earnings per share $1.31 for the quarter; $3.09 YTD versus $2.35 in 2015Adjusted earnings per share $1.33 for the ...
Tags: Crown Reports, Earnings
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
#makethefuture campaign highlights how cooperation between Shell and entrepreneurs is helping the development of more and cleaner energy ideas International musicians including Oscar-winner Jennifer Hudson, Luan Santana and Pixie Lott ...
The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
John Lewis has signalled its commitment to financial services provision by announcing its intention to launch a new John Lewis Finance brand. The brand will encompass John Lewis' growing range of financial services products – which ...
Tags: John Lewis, commitment, Finance brand