Alibaba's latest gambit in fighting fakes: foster local brands | Reuters
May 26, 2015 at 02:15 | Source:
PUTIAN, China Criticised and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.In the coastal ...
ITC shares fall after lower-than-expected earnings| Reuters
May 26, 2015 at 01:15 | Source:
MUMBAI Shares in ITC Ltd (ITC.NS) fell 2.8 percent on Monday after India's largest cigarette maker reported lower-than-expected earnings as higher taxes on smokes and a government push to discourage tobacco consumption hurt business.ITC said late on ...
Sensex ends down over 1 percent, tracking lower Asia| Reuters
May 25, 2015 at 23:30 | Source:
MUMBAI The BSE Sensex and Nifty fell more than 1 percent on Monday, tracking weaker regional markets as fears about an earlier-than-expected U.S. rate hike weighed on sentiment, while cigarette-maker ITC Ltd (ITC.NS) slumped after disappointing earni...
ITC net profit up 3.6% at Rs 2361 cr; non-cigarette FMCG revenue up 11%
May 23, 2015 at 12:57 | Source:
Diversified group ITC on Friday reported 3.65 percent increase in standalone net profit at Rs 2,361.18 crore for the fourth quarter ended March 31, 2015.The Kolkata-headquartered firm had posted a profit of Rs 2,278.01 crore in the January-March quar...
Beaten and starving, some Rohingya flee boats, return to camps| Reuters
May 20, 2015 at 22:46 | Source:
SAY THA MAR GYI, Myanmar Scores of Myanmar's minority Rohingya Muslims are paying off people smugglers and returning to the squalid camps they used to live in after being held for months on overcrowded ships that were to take them to Thailand but did...
Formula One still struggling to tap the female dollar
May 06, 2015 at 16:34 | Source:
When Claire Williams was appointed vice-principal of the Williams Formula One team, she hoped her promotion and the presence of Susie Wolff as test driver might open the door to an untapped market.With women making up some 40 percent of the audience,...
Youth e-cigarette data prompts new calls to speed regulation| Reuters
Apr 18, 2015 at 22:30 | Source:
WASHINGTON (Reuters) - Public health advocates are stepping up pressure on the U.S. government to quickly regulate and restrict access to e-cigarettes after new data showed use of the products tripled among high school and middle school children last...
Wall Street ends slightly lower as earnings worries linger| Reuters
Apr 17, 2015 at 02:45 | Source:
(REUTERS) - U.S. stocks ended marginally lower on Thursday as lingering worries about upcoming corporate earnings reports offset enthusiasm about a trio of soaring Wall Street debuts. Weighing on the S&P 500 were Apple (AAPL.O) and General Electr...
Wall Street mixed as Netflix surges and investors eye earnings| Reuters
Apr 17, 2015 at 02:30 | Source:
(REUTERS) - U.S. stocks were mixed on Thursday afternoon as soaring Wall Street debuts by online retailer Etsy and trading firm Virtu offset lingering worries about upcoming corporate earnings reports. The S&P 500's top gainer, Netflix (NFLX.O), ...