Sweden-based H&M Group’s sales including VAT increased by 15 per cent in local currencies in the first quarter, i.e. 1 December, 2014 to 28 February, 2015, compared to the corresponding quarter last year. Sales in the first ...
Tags: H&M Group, sales including VAT
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday.However, inadequate battery technologies and ...
Tags: Electric Cars, clean energy
China's declining use of coal may be felt from Australia to the United States, especially the US state of Wyoming where coal is major part of the economy. Last week Premier Li Keqiang said China wanted to reduce its energy intensity ...
Tags: Metallurgy, coal, Coal Consumption
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
PV demand has started to increase this month, according to EnergyTrend’s observation. End-market demand for high-efficiency cells/modules has also reflected an uptrend. In the end of 2014, 250W 60-cell multi-si module remained the ...
Tags: PV Module, Solar Cell
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
American chocolate manufacturer Mars’ Indian unit is planning to invest INR1,005 crore ($160m) to establish its first manufacturing plant in Pune, India. Mars International India has now signed a MoU with the government of ...
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. ...
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
US-based company Premier Distribution Center is recalling nearly 50,953 pounds of pork and beef products over misbranding, according to the US Department of Agriculture’s Food Safety and Inspection Service (FSIS). The recall has ...
China's producer price index (PPI), which measures inflation at the wholesale level, declined a record 4.8 percent year on year in February amid weak domestic demand, the National Bureau of Statistics (NBS) said on Tuesday. The ...
Beijing-based Xiaomi Inc has set a more ambitious goal for smartphone sales in 2015, the company's founder and CEO revealed on Friday. Xiaomi is expected to sell between 80 million and 100 million smartphones for the whole of 2015, Lei ...
Tags: Xiaomi, smartphone sales, ambitious goal
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
Improved buyer demand at the beginning of the year pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains in ...
Tags: Pending Home Sales
Australian wholesaler and distributor of groceries Metcash is attempting to stem recent losses in its Liquor division, entering into an agreement in late February 2015 to purchase Southern Independent Liquor Group (SILG), which trades under ...
Tags: Liquor Sales, Food