Inditex is the world’s biggest clothing retailer. Its strategic decision to not provide discounts from September, unlike its peers, have contributed to its continued growth. Inditex, the world’s biggest clothing retailer, has reported a net profit of $2.7 billion (2.4… Read More ›
growth
Pay growth for new recruiters across the UK rise to 3-year high
It is to be seen whether this pay growth will translate to better and stronger earnings across the British workforce. On Thursday, recruiters disclosed the starting salaries across British companies are rising at their fastest rates in recent years, thus… Read More ›
S&P 500 companies likely to boost share buybacks in 2019: Goldman Sachs
Companies are likely to increase their return to shareholders vide buybacks and dividends, opine strategists at Goldman Sachs. Goldman Sachs is of the opinion, S&P 500 companies are likely to boost their cash spending by 13% to $3 trillion next… Read More ›
Global expenditure on advertising to grow at 4.5% through 2018: Zenith
The bulk of the spending on advertising will be allocated to social media ads and paid searches on search engines. As per a report prepared by Zenith, an industry forecaster, companies across the globe would have spend nearly $581 billion… Read More ›
China to publish white paper on trade war with U.S.
Xinhua’s report has not provided any details other than the the time the report is set to be published and that it will include “facts and China’s position”. On Monday, China’s official Xinhua news agency reported that Beijing’s state council… Read More ›
Tesla shifts gear from ‘production hell’ to ‘delivery logistics hell’
Irrespective of which hell it is trying to get out of, luxury carmaker Tesla is moving ahead and streamlining issues surrounding its electric car lineup. Shareholders would be particularly thrilled if it latches on to profitability. In a development that… Read More ›
Marginal slowdown in growth noticed in EU’s fastest growing economy
The Investec Services Purchasing Managers’ Index (PMI) in Ireland fell to 57.4 from 59.5, its lowest level since March 2018. As per the results of a survey released on Friday, growth in the Ireland’s services sector have dipped slightly from… Read More ›
U.S. economic growth could result in faster interest rates hike
Part of the reason why global markets are jittery is due to the chatter of U.S. economic data, for the second quarter, that is streaming in, which could easily cross current analysts’ forecasts of 4.1%. A higher growth rate is… Read More ›
Pace of growth of U.S. economy picks up in first quarter
Gross domestic product (GDP) estimates for the April-June period, are above the 4% annualized rate and are double the 2.0% pace logged in the first quarter. During the second quarter of 2018-2019, the U.S. economy has continued to maintain its… Read More ›
Demand for LNG to outpace crude oil in the next 2 decades
France’s Total SA, a big player in the global LNG market, is positioning itself strategically across the length of the LNG supply chain – from production, liquefaction to shipping and sales, to reap the growing bounty. The global natural gas… Read More ›