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Speculative Bubble In Cotton Prices Forces Next To Rise Prices
Fashion and homewares group Next has warned that it is likely to raise prices of its clothes by up to 8% early next year due to “speculative bubble” in cotton… Read more
Fonterra Wins Exporter Of The Year Award
2010 National Australia Bank agribusiness awards have recognized New Zealand multinational dairy co-operative Fonterra’s Australian arm as the Exporter of the year. Earlier this month, Fonterra, world’s largest dairy exporter,… Read more
Nissan Recalls Over Two Million Vehicles Worldwide
Japanese automaker Nissan has announced that is recalling almost 2.14 million vehicles including Cubes and March subcompacts. As much as 834,759 units are being recalled in Japan itself and almost… Read more
Pearson Raises Its Full Year Earnings Guidance
Based on its encouraging sales and operating profit for the first nine months of the year, British Publication firm, Pearson has raised its full-year profit forecast. The leading global learning… Read more
PayPal Growth Boosts eBay Q3 Profits
American internet company eBay has reported its third quarter net profit of $432 million, or 33 cents a share indicating an increase of 23% as compared to the previous year’s… Read more
Yahoo Revenue Growth Disappoints
One of the world’s most popular online destinations, Yahoo has reported a disappointing sales growth of 2% to $1.6 billion from $1.58 billion last year as compared to the revenue… Read more
New BP Boss Links Employee Bonuses To Safety Performance
Following the Deepwater Horizon oil spill disaster, new BP Chief Executive, Bob Dudley is taking steps to rebuild the company’s image by encouraging the employees to tighten their performance in… Read more
Belgian Strike Action Affects Eurostar Services
High-speed passenger rail service, Eurostar has announced that due to Belgian strike action, Eurostar trains running between UK and Belgium have been cancelled for Monday. Eurostar services from Brussels to… Read more
Court Restores BAA Airport Sale Order
In March 2009, Competition Commission (CC) had ruled that British Airports Authority (BAA) should sell off its Gatwick, London Stansted and either of Glasgow or Edinburgh airports in Scotland. However,… Read more
Hewlett Packard Plans To Cut 1300 Jobs In UK And Switch Overseas
According to Unite union, American multinational computer giant Hewlett Packard is planning to cut further 1,300 jobs in UK, apart from the 900 job cuts the company announced in June… Read more

