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Myanmar's shoe making sector poised for growth

2015-08-06 18:18:00| Daily apparel & textile news and comment - from just-style.com

New skills programmes and increased foreign investment in footwear manufacturing in Myanmar appear set to generate growth in a sector that, to date, has lagged behind the country's garment industry.

Tags: making growth sector shoe

 

Suntory Beverage & Food ramps up H1 sales, profits on overseas growth

2015-08-06 14:10:02| Daily beverage news and comment - from just-drinks.com

Suntory's soft drinks unit has posted a sharp jump in profits as its overseas unit drove performance despite a sales drop in Europe.

Tags: sales food growth profits

 
 

Annual house price growth 'slows'

2015-08-06 10:09:47| BBC News | Business | UK Edition

Growth in UK house prices slowed in the year to July, according to the country's largest mortgage lender, although they are still rising "robustly".

Tags: price house growth annual

 

Deutsche Telekom Q2 sales up over 15% on US growth

2015-08-06 08:19:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported a strong improvement in second-quarter results, led by the performance of T-Mobile US. Revenue rose 15.3 percent to EUR 17.4 billion, and adjusted EBITDA increased 13.5 percent to EUR 5.0 billion. On an organic basis, revenue was up 5.7 percent, and EBITDA rose 6.7 percent. Net profit was little changed year-on-year at EUR 712 million, due to extra staff-related costs. The German operator invested EUR 2.6 billion in the first half, excluding spectrum licences, an increase of 17.2 percent from a year earlier, while free cash flow still improved 31.1 percent to EUR 4.1 billion. Deutsche Telekom confirmed its guidance for 2015 adjusted EBITDA of around EUR 18.3 billion and free cash flow at EUR 4.3 billion.

Tags: us sales growth deutsche

 

US stocks rise amid tech earnings, stronger services growth

2015-08-06 07:18:11| IT Services - Topix.net

U.S. stocks rose Wednesday for the first time in four days, amid better-than-estimated earnings from technology companies and services-industry data indicated the economy is on track for faster growth. Cognizant Technology Solutions Corp. and First Solar Inc. jumped at least 6.5 percent after their profits exceeded analysts' forecasts.

Tags: services tech growth rise

 

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