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At midday: TSX rises as resources lead; oil shares dip

2015-11-04 23:02:10| IT Services - Topix.net

Traders work on the floor of the New York Stock Exchange on October 5, 2015 in New York City. Traders work on the floor of the New York Stock Exchange on October 5, 2015 in New York City.

Tags: resources lead oil shares

 

SoftBank second-quarter profit rises 39 percent on cost cuts,

2015-11-04 08:49:44| Telecom - Topix.net

SoftBank Group's second-quarter operating profit rose 39 percent on cost cuts and some improvement at its struggling U.S. unit Sprint Corp. SoftBank, which purchased a majority stake in U.S. wireless carrier Sprint for more than $20 billion in 2013, said on Wednesday its July-September operating profit climbed to 342 billion yen from 246 billion a year earlier. That beat an average estimate of 329 billion yen from four analysts, according to Thomson Reuters, and the company said the main reasons for the strong results included higher profits from segments such as Sprint.

Tags: cost percent profit cuts

 
 

China cotton imports fall as rest of Asia rises

2015-11-03 12:43:00| Daily apparel & textile news and comment - from just-style.com

China will likely remain the world's largest cotton importer in 2015/16, but its share of world imports has fallen from 55% in 2011/12 to 22% in 2014/15, and may only reach 17% this year, new forecasts suggest. 

Tags: china fall rest asia

 

Bangladesh knitwear makers go organic as demand rises

2015-11-02 13:44:00| Daily apparel & textile news and comment - from just-style.com

Bangladesh's major knitwear manufacturers have scaled up their consumption of organic fibre, meeting increasing demand from global buyers.

Tags: demand organic makers bangladesh

 

Storms, tornadoes lash Texas; death toll rises to 6

2015-11-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The death toll rose to six in Texas as more bodies were recovered on Saturday after another band of strong storms and heavy rain spawned three tornadoes and dangerous flooding in the waterlogged state. It was the second day of turbulent weather in Texas, where at least four people died Friday in flood waters in central Texas. The storms and suspected tornadoes, which forecasters say were caused by an upper-level disturbance from Mexico, socked an already-sodden swath of Texas that was still drying...

Tags: death texas toll rises

 

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