The world’s biggest online retailer, Amazon.com reported a net loss in the first quarter ended March 31, 2014 as against net income in the corresponding quarter of 2014. Net loss in the first quarter of 2015 stood at $57 million or ...
Tags: Online Retailer, Amazon
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
Revenues for franchise brands, boys and pre-school categories all increased. Hasbro has reported that net revenues for the first quarter 2015 increased five per cent to $713.5 million versus $679.5 million in 2014. Excluding a ...
The imports of man-made filaments and knitted or crocheted fabrics by the Southeast Asian nation of Indonesia increased in the first quarter of 2015, according to the data from Statistics Indonesia. From January to March 2015, ...
The first ever Global Textile Congress held recently in Bangkok discussed ways to develop lasting business relations between countries producing textile fibres, fabrics, machineries and carrying out extensive research in all related areas. ...
Strauss Group, an Israel-based food and drinks manufacturer, is exploring an initial public offering of its coffee unit on the US stock exchange. Strauss and TPG Capital Management, its partner in Strauss Coffee, have submitted a draft ...
Tags: Strauss Group, Highlander, Food
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
A senior Chinese central bank official said Thursday that the country is "actively communicating" with the International Monetary Fund (IMF) on the possibility of including Chinese currency yuan, or RMB, in the basket of the Special Drawing ...
Tags: SDR Basket, Chinese currency
China's $40 billion Silk Road Fund will be operated under a market-oriented approach and the projects it plans to invest in will not be limited to countries along the "One Belt, One Road" route, the fund's chairperson said on Thursday. ...
With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
Chinese leaders and economists have said China must up its game to boost export growth against the backdrop of an anemic global economic recovery. SIX-PERCENT GROWTH Commerce Minister Gao Hucheng said on Saturday that China is confident ...
Tags: economic growth, export growth
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
Cotton imports by the Southeast Asian nation of Indonesia decreased by 2.16 per cent in 2014, according to the data from Statistics Indonesia. During the year, Indonesia imported cotton (HS Code 52) worth US$ 2.499 billion, compared to ...
Tags: Cotton Imports, Textile