Rare earth production throughout China – responsible for more than 90% of the world's output – has slowed due to weak downstream demand with output in Guangdong province particularly depressed. China Daily reports ...
Tags: China, Rare Earth, Metallurgy
BlackBerry maker Research in Motion (RIM) has announced another set of disappointing quarterly financial results. The results which reflect BlackBerry's third quarter ending December 1 2012, state that the company made a net profit of $9m ...
Tags: BlackBerry, RIM, disappointing, financial results, smartphones
China Knowledge quoted according the latest statistics released by the National Development and Reform Commission the building material industry realized CNY 140.3 billion in profit in the first half of this year reflecting a decrease of 9% ...
Tags: China Knowledge, latest statistics, building material industry
Business Line reported that Reliance Group has signed an MoU with China based Wanda Group for a strategic long term partnership covering areas of mutual interest such as real estate and multiplexes. Reliance Group said that the Wanda ...
Tags: real estate developer, Reliance Group, Chinese Wanda, Township Projects
Taiwanese PC maker Acer, revising its estimates, does not expect "explosive growth" for Windows 8 devices when the Microsoft operating system launches in October, with its company CEO citing a lack of consumer interest as one of the ...
Tags: PC maker, Acer, explosive growth, Windows 8 devices
Intel warned Tuesday that it expects to see lower-than-anticipated growth for c because consumer spending in Western Europe and North America has not recovered as predicted. The news came as the company posted mixed results for the second ...
Tags: Intel, growth, business outlook
Net profit reaches $3.1m Operating profit climbs to $5.15m Net sales grow 14.9% US frozen-food firm Overhill Farms has recorded what it says is a "substantial" increase in full-year profit and sales, despite a "challenging" economic ...
Tags: FY Profit, Overhill Farms, Agriculture Food
Apple on Tuesday reported revenue for the quarter just ended that was lower than analysts had expected, despite a big jump in iPad sales. At the same time, as if to cushion the blow, Apple said its new Mountain Lion OS will ship on ...
Tags: Apple, revenue, iPad sales
Apple on Tuesday announced record sales of its iPad tablet, but missed Wall Street's consensus on total revenue. During an earnings call with analysts and reporters, Apple said it had sold 17 million iPads, an increase of 84% over the ...
Tags: Apple, record sales, iPad tablet, Wall Street, total revenue
Grasim Industries Limited, an Aditya Birla Group company, announced its results for the second quarter ended 30th September 2012. Revenue for the quarter grew by 15 per cent from Rs.5,755 crore to Rs.6,602 crore. PBIDT for the quarter was ...
Tags: Grasim Industries Limited, Viscose Staple Fibre, Chemical business
Alcatel-Lucent reported a third-quarter loss and declining gross margins, as its cost-cutting programme failed to keep up with declining sales of its network equipment and related services. The company reported a net loss of €146 ...
Tags: Alcatel Lucent, Sales, network equipment, network
Taiwanese PC maker Acer reported a small profit in the third quarter, after a larger loss a year earlier. However, revenue decreased as the company transitions to selling new PCs running Microsoft’s new Windows 8 operating system, it ...
Tags: Acer, Microsoft, net profit, PC, Windows 8
Samsung has announced that net profit nearly doubled in the third quarter on strong sales of its Galaxy S III and Note 2, which also boosted results in its component business. The world’s largest maker of mobile handsets said net ...
Tags: Galaxy S III, Samsung, mobile handsets, mobile
Reliance Industries Limited (RIL) reported its financial performance for the quarter/half year ended 30th September, 2012. Highlights of Half Year’s Performance Revenues (turnover) increased by 14% to Rs 188,191 crore ($ 35.6 ...
Tags: financial performance, RIL, heavy crude oil
Shri Lakshmi Cotsyn Limited, an integrated textile player engaged in manufacturing and processing of a wide range of end-to-end textile products and safety textiles for defence and paramilitary forces, announced that its net sales rose 48% ...