Alipay, which has more than 300 million users in China, said it is working on other biometric technologies, which can make it possible for people to confirm payments for a wide variety of goods and services by winking or simply by showing ...
Tags: Mobile Payment, Apple
Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, ...
Tags: Crocs, Sporting Wear
Gaiam Inc. reported net revenue in the first quarter ended March 31 was flat with a year earlier at $37.6 million as it pruned catalog sales ahead of a massive launch of its yoga line at 1,100 Kohl's department stores that kicked off April ...
Tags: Gaiam, Gaiam-branded products, fitness
The annual rate of inflation across the Group of 20 largest economies increased for the second straight month in March. Economists had forecast a smaller rise in the consumer price index (CPI) to 2.6%. Annual inflation has been running ...
Saudi Arabia has imposed a ban on imports of poultry meat and egg products from the Canadian province of Ontario over the detection of avian influenza at three farms. Recently, the Canadian Food Inspection Agency (CFIA) confirmed the ...
Tags: Poultry Imports, poultry meat
India’s e-commerce leader, Flipkart, says it has an ambitious plan to expand its network by increasing the number of sellers by more than 200 per cent by the end of this year. "Right now 30,000 sellers are connected to our network. ...
Tags: e-commerce, Flipkart, Apparel
Lenovo Group, the world's largest personal computer maker, is targeting 40 percent of the PC market in China and revenue of $10 billion in the 2015 fiscal year, said Yang Yuanqing, the company's chairman and CEO. Yang said at the Lenovo ...
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income
The North Carolina Senate has passed a bipartisan bill that would make child-resistant packaging and warning labels mandatory for liquids used with electronic-cigarette vaporizers. Once approved, the law that would be effective from 1 ...
Packaging company Ardagh is almost said to have completed its €3bn acquisition of the glass packaging unit of Saint Gobain. Saint Gobain has been considering the sale of Verallia to focus on higher-margin home and construction ...
Tags: Glass Packaging, Packaging
PSA Peugeot Citron (PSA) and General Motors (GM) will be manufacturing small light commercial vehicles (B-LCV) from their respective brands at the PSA plant in Vigo, Spain. The arrangement is a part of the existing alliance between the ...
Tags: commercial vehicles, PSA, General Motors
China's central bank said yesterday it would cut the level of funds commercial banks must hold in reserve by 1 percentage point, the second such move this year to boost lending.The move, effective today, comes after the world’s second ...
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
Canadian emerging producer of high-grade titanium dioxide (TiO2), Argex Titanium said it has achieved significant milestones during 2014 and also the first few months of 2015. According to an Argex press release, during 2014, it ...
Tags: Argex, titanium dioxide, TiO2
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 ...