The so-called "Internet of everything," the rapidly approaching world where objects from refrigerators to factory robots can talk to people and other machines, will create a massive business opportunity worth $14.4 trillion over the next ...
Tags: Cisco, Internet, smart energy grid
The World Cocoa Foundation (WCF) and US-based chocolate producer TCHO have entered into a partnership to introduce innovations and quality improvements to cocoa grown in Ghana. As a part of the project, WCF and TCHO will set up a Flavor ...
Tags: WCF, TCHO, Cocoa Crop Project
Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...
Tags: Dell, desktop, laptop PCs
South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits. Earnings for the six month period earnings grew 19.6% to ZAR1.70bn ...
Tags: supermarket operator, Shoprite Holdings, growth pattern
Acquisitions and growth in markets outside the EU have helped dairy giant Arla Foods report higher annual sales and profits. The company said today (20 February) its consolidated net profit jumped by more than a third in 2012 to DKK1.9bn ...
Tags: M&A, Emerging Markets, 2012
Due to rising demand for LED products from the handsets and lighting sectors, market research institutes predict the global LED market output value will reach US$12.4 billion in 2013, representing an on-year growth of 12%. However, the ...
Tags: LED products, LED lighting products, LED light sources
· Profit after tax before significant items of $322.0 million, up 5.7%; · The translation impact from the higher Australian dollar on profit after tax and before significant items was negative $20 million. On ...
Tags: Amcor
An increase in prices has driven improved annual profits at Fresh Del Monte Produce, the company announced today (19 February). Fresh Del Monte booked underlying net income of US$147.4m for 2012, up from $107.4m a year earlier. The ...
Tags: annual profits, Fresh Del Monte Produce, 2012, Profits
The Authentic Food Company has reported a 10% rise in sales and a 15% hike in profits in its latest financial report. Authentic Food said it expected to achieve revenue of pound 50M this year The Manchester-based supplier of Indian, ...
Tags: Authentic Food Company, sales, profits
TECH guru and billionaire Sir James Dyson was on a crusade last night to convince Australians to shell out $1590 for a high-tech bathroom tap that also dries your hands. Its cost is a big step up from, say, the meagre $4 price of a ...
Tags: Dyson tap dryer, bathroom tap, tap
Kewal Kiran Clothing announces results for Q3 FY’13 and YTD FY2012-13 (nine month’s period from April to December 2012). • Factors contributing to increase in profitability a. Increase in apparel sale volume by 14.42% ...
Tags: Kewal Kiran Clothing, Q3, sales
Profit after tax and before significant items was up 5.7% to $322m for the six months up to 31 December 2012. Amcor managing director and chief executive Ken MacKenzie said: “The first half result represented a record underlying ...
Tags: Tobacco Packaging, Specialty Folding Carton Operations
The US Securities and Exchange Commission has launched legal action against unknown traders over claims they broke rules when trading in Heinz options before the US$28bn deal to buy the food giant was announced. The SEC claims traders had ...
Tags: SEC, legal action, Heinz Options
US pasta and pesto manufacturer Armanino Foods has recorded an increase in full-year earnings, despite battling rising raw material prices as a result of the US drought. Net profit amounted to US$2.88bn in the 12 months to the end of ...
Tags: Armanino Foods, full-year earnings, raw material prices
Oman Cement Co has said its net profits after tax grew 37% to OR17.5m during 2012, compared to OR12.79m a year earlier, thanks to higher sales and improvement in margins, Oman Daily Observer has reported. For the final quarter of 2012, the ...
Tags: Oman Cement Co, net profits, company news