Anyang, a prefecture-level city in Henan province of China, has established the Anyang City Textile Industry Association to better serve the development of the textile industry and to achieve the tag of ‘China’s knitwear ...
Tags: Textile Industry, knitwear city
Alcatel-Lucent's second-quarter revenue grew 1.9 percent year on year, driven by strong growth in sales of IP networking equipment, one of the markets on which the company is pinning its future. However, the company reported a net loss of ...
Italian insurer The Generali Group has posted net profit of €1.08bn for the first half of 2013, an increase of 28.4% compared to €842m for the same period prior year. Earnings after taxes were €1.16bn in the first half of ...
Tags: Net Profit, insurer
Gildan Activewear Inc. announced its results for its third fiscal quarter ended June 30, 2013. Earnings were a record for a fiscal quarter, and were at the top end of the guidance range which the Company had most recently updated on May ...
Tags: Gildan Activewear, Apparel
International chemical group Solvay announces results for the second quarter & first half year for 2013. Q2 Highlights - Group net sales down (4) % YoY at € 3,062 m, with volumes (1)%, prices (2)% and forex (1)% - REBITDA at ...
Tags: Chemical Group, Solvay
The Jones Group Inc. reported results for the second quarter ended July 6, 2013. Revenues for the second quarter of 2013 were $846 million, as compared with $855 million for the second quarter of 2012. The Company reported adjusted ...
Tags: Jones Group Inc, Apparel
As coal prices remain lackluster due to sluggish demand, Shanxi took measures to stabilize the local coal market and ease the mounting pressure that coal producers in the province have been feeling since January. The Shanxi provincial ...
Tags: Local Coal Market, sluggish demand
Premier Foods will continue to develop its Power Brands and deliver a further £10M of cost savings this year, according to a statement accompanying its half-year results posted today (July 23). Gavin Darby, chief executive officer, ...
Tags: Premier Foods, Agriculture
Akzo Nobel N.V. reported a four percent decrease in revenues in the second quarter compared with the same period last year. The company reported that this was due to divestments and adverse currencies against a backdrop of continued ...
Tags: Akzonobel, Decorative Paints
PPG Industries reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year. Second quarter 2013 reported net income from continuing operations was $341 million, or $2.35 per diluted share. Adjusted ...
Tags: coating, Construction, Decoration
Philips reports second-quarter comparable sales growth of 3% to EUR 5.7 billion; operational results improve by 30% to EUR 530 million Comparable sales in growth geographies up 12%, driven by China EBITA was EUR 603 million, or 10.7% of ...
Chinese banks' recent credit crunch has impacted the LED industry. More than 100 LED manufacturers have defaulted as a result in Eastern and Southern China this year. Taiwanese LED manufacturers have emerged as the beneficiaries of the ...
Tags: LED, Lights, Lighting, LED lighting
After three years, OpenStack has grown into a true enterprise proposition, according to Rackspace VP of Technology and Products, Nigel Beighton, with a user community growing as the technology matures into a viable option for data centre ...
Tags: Computer Products, software
A rebound for IBM failed to materialize in the second quarter, as profit and sales declined along with a slump in revenue from hardware and services. However, in its quarterly financial report Thursday, the company raised its forecast for ...
Tags: IBM, Computer Products, software
Bank of Communications (BOCOM), China's leading commercial bank, released its projections on Monday for China's economy in the second half of 2013, predicting gross domestic product growth of around 7.5 percent by the end of the year. ...
Tags: Economy