MP Suzan al-Saad, a member of the Oil and Energy Parliamentary Committee, has announced that a committee is to be formed to solve the problems of the employees at the South Oil Company (SOC), who have been protesting against working ...
Hewlett-Packard's CEO has dismissed persistent rumors that the company might break itself up in a move that could create more value for shareholders. "We have no plans to break up the company. I feel quite strongly that we are better and ...
The luxury segment in Germany is booming thanks to its considerable strengths. High quality, technological innovation and unique design demonstrate the expertise of luxury companies and their employees. These virtues are paying off: all ...
Shares in Hewlett-Packard rose six per cent on Wall Street yesterday following better than expected results for the three months to the end of January. While sales dropped by six per cent and profits declined by 16 per cent from the ...
Tags: Hewlett-Packard, sales, company news
Najran Cement, one of the newest cement companies quoted on Saudi Arabia s stock exchange, recorded a 14% decline in profit for 2012 of $53.9m (2011: $62.6m), according to newly-filed figures. The company blamed the drop on a number of ...
Tags: Najran Cement, Saudi Arabia, cement industry
The head of Daimler and Mercedes-Benz has been given three more years to lift his company’s lethargic profits and sales and attempt to close the gap to its luxury German rivals. The supervisory board of Daimler AG voted to extend ...
Tags: Mercedes-Benz, luxury German rivals, BMW
US own-label firm TreeHouse Foods has booked a decline in full-year profits as restructuring and other one-off costs hit earnings. In the 12 months to the end of December, net profit slid 6.3% to US$88.4m, the company reported yesterday ...
Tags: Foods FY, TreeHouse Foods, grocery industry
Don't rush things. That's the bottom-line advice to expectant mothers from the American College of Obstetricians and Gynecologists and the American Academy of Family Practitioners. Asked to identify five tests or procedures that were ...
Wal-Mart Stores today (21 February) set a forecast for first-quarter earnings below analyst estimates amid caution over the economy and consumer confidence. The world's largest retailer said it expects first-quarter earnings per share of ...
French retail Groupe Casino has booked a slight drop in net profit for 2012, as a weaker performance from its domestic business was offset by a strong international showing. Full year underlying net profit was down 0.2% to EUR564m ...
Tags: Casino, retail Groupe, net profit
Asda, the UK's second-largest retailer, saw its underlying sales slow in the last three months of its financial year. The company today (21 February) reported its like-for-like sales, excluding fuel, increased by 0.1% in the 14 weeks to 5 ...
Tags: Asda, underlying sales, financial year
The group reported its full year results and, despite its confidence, posted a 19% dip in pre-tax profits to €371m. It was boosted by revenues, which were up 1% to €5.8bn Mondi said it will focus on further integration and ...
Tags: paper grades, Mondi
Profits earned by steelmakers in China's Hebei province in 2012 amounted to RMB 85.06/mt ($13.6/mt), far exceeding the average profit of RMB 2.68/mt ($0.43/mt) of medium and large steelmakers in China, as announced by provincial government ...
Tags: Steelmakers, Steel, steel exports
Revenue for the full year to 31 December 2012 was at pound 3.3bn, a 2% rise, while underlying pre-tax profit was up 1% to pound 418bn. Graham Chipchase (pictured), Rexam’s chief executive, said: “”In 2012, we made ...
The wide-ranging survey, covering the whole UK plastics sector, also looked into areas such as profitability, exports and skills needs. A total of 100 companies participated and it asked how they saw 2013 shaping up. According to the BPF, ...
Tags: wide-ranging survey, UK plastics sector, profitability