Official stats show that China's civil aviation sector has seen record profits of 55 billion yuan, or more than 8 billion U.S. dollars, during the first eleven months of this year. The number is up three quarters compared to the same ...
Tags: China's Civil Aviation
Crows circle around the tract of cleared land that was once Hoya Corp.’s Pentax camera plant in Mashiko, Tochigi Prefecture. All that’s left is a sign directing employees to a dormitory and gymnasium, both pulled down years ago ...
Tags: Pentax camera, Toyota, Electronics
The Consumer Electronics Association (CEA)® today announced that top executives from Condé Nast, Fox Networks Group, Google, McDonald’s, and The Walt Disney Co. will join the Brand Matters keynote at the 2015 International ...
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
The hog market has been a good place to be in the last year. Live hog prices in the last few months have trended almost $20 a head higher than the same period in 2013. So, what's the outlook heading into winter? Feed supplies remain low, ...
Tags: hog market, Agriculture
Archer Daniels Midland Company today reported financial results for the quarter ended Sept. 30, 2013. The company reported adjusted earnings per share1 of $0.46, down from $0.53 in the same period last year. Net earnings for the quarter ...
Tags: Archer Daniels, crop supplies
Highway repair money is running lean in many states, due to decreased revenue from gas tax--a result of cars becoming more fuel efficient and Americans driving less. To plug the crater in highway funding, several states have proposed new ...
Tags: Electric Cars, Hybrids, Taxed Extra
The sharemarket has opened more than1 per cent higher after strong US jobs numbers pushed American stocks to a record high and helped miners outperform the market. At 10.30am AEST the benchmark S&P/ASX200 index was up 54.5 points, or 1.06 ...
Tags: US Jobs Data, Service
Samsung expects a rise in operating profit of 8.7 trillion won (£5.05bn) in the first quarter of 2013, a 53 per cent year-on-year increase. In the first quarter of 2012, the South Korean firm made an operating profit of 5.7tn ...
Two US Senate Democrats Monday introduced bills aimed at cutting some federal support for oil and gas companies. California Senator Dianne Feinstein introduced the Drilling Royalty Relief Prohibition Act, which would prohibit the Interior ...
Tags: oil, gas firms, gas offshore
DNO International ASA, the Norwegian oil and gas company, has announced record 2012 net profit of NOK 1.04 billion on operating revenues of NOK 2.84 billion. Fourth quarter 2012 net profit was NOK 810 million on operating revenues of NOK ...
Tags: DNO, Record Profits, operating revenues
Associated British Foods (ABF) is embroiled in a tax dodging row with the charity ActionAid over its sugar-producing subsidiary in Zambia. Kingsmill owner ABF denied tax dodging in Zambia According to a report published by the charity, ...
Tags: ABF, ax dodging, Zambia
Samsung posted a record net profit of $6.6bn (£4.2bn) in the final quarter of 2012, the firm announced in its Q4 earnings release, but warned of more difficult times to come. It comes one day after rival smartphone producer Apple ...
Tags: Samsung, net profit, smartphone
Writing in the Financial Times, a partner at a London-based financial advisory business suggests Iraq as a true frontier market investment. Citing precedents such as Japan in the early 1960s and Russia in 1995, Richard Greer, a partner at ...
Tags: Iraq, True Frontier Market, Financial Time
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