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Speculative Bubble In Cotton Prices Forces Next To Rise Prices

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

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

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

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

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

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

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

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

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

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 »