Tech news Ericsson Q2 op profit falls short of expectations Ghada Ismail Jul 19, 2016 0 Mobile telecom equipment maker Ericsson posted second-quarter operating profit and sales below market expectations…
Industry & Trade U.S. retail sales, industrial output data suggest strong Q2 GDP growth Noha Gad Jul 16, 2016 0 U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods,…
Industry & Trade French carmaker PSA sales slide on China weakness, sees slight Brexit impact Noha Gad Jul 12, 2016 0 PSA Group's (PEUP.PA) first-half sales fell 0.2 percent, the French carmaker said on Tuesday, citing difficulties…
Industry & Trade China autos rebound takes hold with strong first-half sales Noha Gad Jul 11, 2016 0 Vehicle sales in China rose 8.1 percent in the first half of the year, the automakers association said on Monday,…
Tech news Germany’s electric car discount scheme stimulates new BMW i3 sales Ghada Ismail Jul 11, 2016 0 BMW has recorded rising sales of the latest version of its electric car, the i3, following the Berlin government's…
Tech news Nintendo shares soar on Pokemon Go mobile game hopes Ghada Ismail Jul 11, 2016 0 Shares of Japan's Nintendo Co soared more than 20 percent after Friday's surge, adding $7.5 billion to its market…
Tech news Smartphone sales lift Samsung Electronics to best profit in over two years Ghada Ismail Jul 9, 2016 0 Tech giant Samsung Electronics Co Ltd said on Thursday its second-quarter operating profit likely rose 17.4 percent…
Tech news Panasonic expects to double sales of electric car batteries in three years Ghada Ismail Jul 9, 2016 0 Japan's Panasonic Corp said it expects strong demand for its lithium-ion batteries from Tesla Motors Inc to help…
Industry & Trade U.S. auto sales growth falls short of estimates Noha Gad Jul 2, 2016 0 The pace of U.S. auto sales slowed in June compared to a year ago, as slumping sales of sedans offset strong demand…
Industry & Trade Japan’s May retail sales fall more than expected on gloomy recovery outlook Noha Gad Jun 29, 2016 0 Japan's retail sales fell more than expected in May in a third straight month of annual declines, data showed on…