The world’s biggest watchmaker saw sales of its watches and jewellery grow 2.9 per cent over the latest half year, with income for the Swiss group up 6.8 per cent to £227m.
The German discounter has incurred the wrath of France’s champagne region for taking the name of champagne in vain. It landed the group in a legal dispute that looks to be coming to a head.
Thirty customers – nearly half of all those affected by the scandal – have either received a compensation offer or are in the ‘detailed stages’ of assessment and will receive an offer shortly, the l
In an internal memo dated July 16, the drug giant’s chief executive Pascal Soriot did not confirm or deny reports he had accepted a job with Israel’s Teva Pharmaceutical Industries.
The online payments company received a 590p-a-share takeover offer – worth £2.9bn – from private equity suitors Blackstone and CVC Partners.
Shares in the online auctioneer fell by as much as 7 per cent after markets closed, with the firm revealing that income fell to $493m in the second quarter of the year from $496m a year ago.
London Southend Airport in Essex is using mobile phone technology to monitor where locals are flying as it embarks on an ambitious strategy to reach 2.5m customers by 2018.
The telecoms giant said demand for data had grown 63 per cent in the quarter to June 30 as customers used their phones to browse the web and stream videos.
As a result of Tanzania’s ban on exporting gold concentrate, Acacia said it is now targeting the lower end of gold production for the year in its half year results.
AT&T , the second largest U.S. wireless carrier and largest pay TV operator, is expected to publish its second quarter earnings on July 25,
The company is on course to achieve production guidance while outlook for zinc prices remains strong
Bank made a provision of Rs 130 crore in 1st quarter of current financial year
Bad loan provisions more than double in Q1 to Rs 681 cr from Rs 327 cr for Q1 of FY17
Microsoft announced its earnings for fiscal Q4 on July 20. The company posted 9% year-over-year growth (10% in constant currency) in revenues to $24.7 billion.
Earlier this week, American Express managed to comfortably beat earnings expectations as a jump in card purchase volumes coupled with improving net interest margins helped the company mitigate the imp
Like IBM, Qualcomm got too complacent with its core business. That’s why it has failed to come up with the “next big thing,” with which to leave the competition in the dust, and set up new tollbooths
With sowing of many kharif crops completed in almost 70 per cent of the normal area, farmers would appear to be increasingly responding to price signals.Sowing will continue for some more weeks and sh
A huge market crash is not a distant possibility. But ‘’sell everything and head for the hills’’ is rarely a useful strategy.
Yesterday, Microsoft reported Q4 earnings grew 40% over last year. The stock has now become one of Robert Frazier's top 5 most profitable investments. Microsoft has grown into such a large position th
eBay announced its Q2 2017 results on July 20, reporting 4% growth in net revenues to $2.3 billion. The company’s Marketplaces revenue was up 4% year-over-year to $1.8 billion, while Marketing and Adv
Unilever reported stronger than expected fiscal first half earnings on Wednesday, July 20, as it benefitted from its new growth strategies. The company’s stock has increased by over 40% year-to date,
In talks with SEBI for ‘Advised SIP’ to invest in stocks of investor choice
The rupee on Friday bounced back after a brief overnight deviation and ended with a good 11 paise gain at 64.32 due to a fresh wave of dollar selling by exporters. Upbeat equities and robust capital
The India International Exchange (India INX) will soon be introducing gold kilogram contracts, V Balasubramaniam, MD & CEO of the exchange said.Currently, gold contracts on the exchange are deno.
‘Ambani hedge’ is the new strategy for traders on Dalal Street. Incumbent telecom operators Bharti Airtel and Idea Cellular on Friday lost around ?6,000 crore in market capitalisation as their rival.
The mood was jubilant at Reliance Industries’ annual general meeting here on Friday. For one, it was the fortieth meeting since the company went public in 1977 which saw the company’s market capitali
Shares of broadcasting and cable TV companies today slumped up to 6 per cent after Mukesh Ambani announced the launch of a 4G-enabled feature phone which would also have a cable to connect with TV as
Storage and warehousing of agricultural produce has been exempted from GST, clearly with the intent to reduce the tax burden on the farming sector. This is a continuation of the earlier exemption of
Contrary to expectations, acreage under pulses has gone up this kharif season.Data from the Ministry of Agriculture on Friday showed an increase in area under pulses by 25.8 lakh hectare or 38 per ce
---Ask the reporter to reconfirm the highlit portion in the pernultimate para; one of thew two figures seems odd)---Shopclues, an e-commerce marketplace that is focused on winning markets in tier-II a
The FTSE 100 closed down 34.96 points at 7452.91 as a bout of nerves on European markets spread across the Channel.
Several top fund managers have exited the counter of InterGlobe Aviation, which operates the country's largest airline by market share, IndiGo. Put together, fund mangers sold shares worth Rs 120 cror
As U.S. industry and government continue butting heads over cannabis, some institutions of higher learning are turning to science to elevate the conversation and inform the practice.
The Fed and China are leaning against market speculation and any major short-term asset appreciation, so investors should be careful to stick to fundamental value.