Audi has announced to start production of its fully electric SUV in Brussels, the capital of Belgium, starting 2018. This move came as Audi's reshuffle of its operations across Europe as the company tries to focus on electric vehicle ...
Tags: Audi, Fully Electric SUV
For fiscal second-quarter 2016 (to 26 December), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $94.1m (slightly above the $88-94m guidance). This is up ...
Tags: Oclaro, Wireless sales
China on Wednesday lowered its current account surplus for the third quarter and revised its estimate for the capital and financial account from a deficit to a surplus. The third-quarter surplus under the current account was cut to 60.3 ...
The U.S. Commerce Department on Tuesday revised down its estimate for the real gross domestic product(GDP) in the third quarter to a growth of 2 percent, slightly lower than its last projection of 2.1 percent. The growth was on par with ...
Tags: U.S.Economic, Down
Oman is close to awarding construction contracts and reaching financial close for its planned Liwa Plastics petrochemicals complex and Salalah LPG plant, sources close to the projects said Monday. Approximately $5.2 billion of funding is ...
Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...
Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, businesses are reporting lowered ...
When Congress announced the US Renewable Fuel Standard a decade ago the aim was to combat the growing need for foreign oil as well as increase the production and promotion of clean, renewable biofuels. As 2016 approaches, and the ...
Tags: Renewable Fuel, oil, gasoline
Infiniti has unveiled its next generation QX30 premium active crossover which is set to make its global debut at the 2015 Los Angeles and Guangzhou international motor shows. Targeted towards the "new generation of premium buyers" the ...
Dick's Sporting Goods reported adjusted earnings per share rose 10 percent in the third quarter, coming in at the lower end of its guidance. Same-store sales inched up 0.4 percent. The retailer also lowered its EPS and same-store guidance ...
Tags: Dick, Sporting Goods, athletic footwear
Nestlé Lanka, a leading nutrition, health and wellness company in Sri Lanka, posted revenue of LKR 27.1 billion for the nine months period ending 30 September 2015 recording a growth of 8.6% vs previous year. The company reported a ...
Tags: Nestle Lanka, Dairy, milks
Cree, a market leader in LED lighting, announced revenue of US $382 million for its fourth quarter of fiscal 2015, ended June 28, 2015. This represents a 12% decrease compared to revenue of $436 million reported for the fourth quarter of ...
Tags: Cree, LED lighting, Business Restructure
Asics America Group, which includes the United States, Canada, Mexico and Brazil, reported that net sales increased by 3 percent in the third quarter of 2015 and grew 8.5 percent on a currency-neutral basis. Asics America Corporation, which ...
Tags: Asics America, wrestling, beach volleyball
US extruder Bonnell Aluminum posted a 5.8% increase in its third quarter net sales year on year on higher sales volumes, particularly in the automotive and nonresidential building and construction markets, parent company Tredegar said ...
For third-quarter 2015, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $68.7m, down on $114.4m a year ago, negatively impacted by continuing erosion in relevant underlying ...
Tags: chemical products, metal