April 10, 2014 11:44 am
The biggest retailer in France and the second-largest one by sales worldwide – Carrefour SA made an official announcement today, posting a revenue for the first quarter of the financial year that matches analysts forecasts. The company, however, explained that its sales were influenced by losses from weakening currencies of emerging markets and lower fuel […]
Read moreApril 10, 2014 8:40 am
The largest apparel retailer on the territory of the U.K. – Marks and Spencer Group Plc, made an official statement today, revealing that it has managed to post a lesser than projected drop in general merchandise sales during the last quarter of 2013, as demand for womens clothing increased. Non-food sales at stores open at […]
Read moreApril 10, 2014 8:08 am
The Motorola Mobility unit of Google Inc. officially announced on its website that the executive of the product management division – Mr. Rick Osterloh was appointed as president of the entire unit. Mr. Osterloh will report directly to the operating board of Motorola Mobility until the planned 2.91-billion-dollar acquisition of the handset business by Lenovo […]
Read moreApril 10, 2014 7:49 am
AT&T Inc. made an official statement today, revealing that it is in advanced process of negotiations over offering the so-called U-verse GigaPower fibre-optic service, which is considered to be the fastest Internet service so far with a speed of up to one gigabit per second. The company has decided to launch the service in six […]
Read moreApril 9, 2014 2:40 pm
Woolworths Holdings Ltd reached an agreement to acquire the Australian retailer David Jones Ltd in a deal estimated to 2.15 billion Australian dollars (2 billion dollars). Woolworths Holdings has been recently trying to expand its reach on the Australian market, which is an attractive destination not only for the company, but also for some of […]
Read moreApril 9, 2014 1:50 pm
The largest retailer worldwide, Wal-Mart Stores Inc., officially announced today that it plans to open 50 new wholesale stores, which will be cash-and-carry outlets, in India. This is going to be the end of the expansion freeze of the company in the region, after dealing with close monitoring and evaluation by the government, as the […]
Read moreApril 9, 2014 11:59 am
Facebook Inc., the leading social network globally, made an official announcement that it has surpassed 100 million active users in India. This proved that India has become social networking groups second-largest national market after the U.S., where such a number has been achieved. This is a considerable growth, given the 8 million users the company […]
Read moreApril 9, 2014 9:32 am
Daimler AG, which manufactures premium cars and commercial vehicles and currently the third-largest luxury cars maker in the world, remains certain about its 2014 forecast after it managed to sell more vehicles during the first quarter of the financial year in comparison with the same period a year earlier. The Chief Executive Officer of Daimler […]
Read moreApril 9, 2014 8:43 am
The largest car manufacturer worldwide – Toyota Motor Corp. made an official statement, revealing that it will recall 6.76 million vehicles all over the world. Considering the fact that some of the vehicles are included in duplicate withdrawals, the total number of companys vehicles is 6.39 million. According to companys statement, a total of 27 […]
Read moreApril 9, 2014 8:07 am
The largest cable company in the U.S. – Comcast Corp. – made an official filing, explaining to countrys regulators that in case it gets the permission to purchase Time Warner Cable Inc. for the sum of 45 billion dollars, it will able to offer advanced video services and distribute high-quality Internet service. The company shared […]
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