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Shareholder power 'hitting growth'

2015-07-24 23:00:19| BBC News | Business | UK Edition

The Bank of England's chief economist has expressed concern that shareholders' power is holding back economic growth.

Tags: power growth hitting shareholder

 

Wal-Mart eyes China growth with Yihaodian buy

2015-07-24 12:05:41| Daily apparel & textile news and comment - from just-style.com

US retail giant Wal-Mart Stores has taken full ownership of its Chinese e-commerce business Yihaodian, as part of its long-term plans to grow its China business.

Tags: buy china eyes growth

 
 

Vodafone organic service revenue growth improves to 0.8%

2015-07-24 08:28:00| Telecompaper Headlines

(Telecompaper) Vodafone showed a small improvement in underlying sales trends in its fiscal first quarter to June. Organic service revenues rose 0.8 percent year-on-year, with a 1.5 percent fall in Europe and 6.1 percent growth in Asia and Africa. Vodafone said it saw a continued recovery in Europe, as the UK grew service revenue 0.2 percent and the drop in organic service revenue slowed in Germany (-1.2%), Italy (-2.0%) and Spain (-5.5%). It also returned to revenue growth in South Africa and saw a strong increase of 15.0 percent in organic service revenue in Turkey and 6.9 percent growth in India. Group total revenue still fell 0.9 percent to GBP 10.1 billion, as negative forex effects took 7.3 percent points off revenue and acquisitions added 3.1 percent. Vodafone CEO Vittorio Colao said the improving revenue trend was due in part to customer demand for 4G and mobile data. Across the group, the total amount of data traffic carried over Vodafone networks grew by 78 percent, with the AMAP region growing 97 percent and Europe 64 percent. Vodafone had 24.1 million 4G customers across 18 markets at the end of June, and 4G accounted for 35 percent of all data traffic in its European markets. In AMAP, the number of active data users increased by 6.6 million in the quarter to 122.2 million. The number of fixed broadband subscribers rose by 264,000 in the quarter to 12.3 million. Vodafonealso added 3.36 million mobile customers in the three months, for a total 449.1 million at the end of June. 

Tags: service growth revenue organic

 

Sika Reports Growth In All Regions With Above-Average Rise in Net Profit

2015-07-24 07:00:00| Coatings World Breaking News

Tags: net reports growth regions

 

Conexant Preps for Growth in Asia Pacific Region, Expands into New Facility

2015-07-24 02:22:45| Electronics - Topix.net

Conexant Systems, Inc. , an audio and imaging innovation leader, has expanded its Asia Pacific AudioSmart TM business by moving into a new facility located in Neihu Technology Park - considered the core of Taipei's Technology Corridor. With this new location, Conexant will provide greater localized support and cutting-edge facilities to serve customers in Taiwan.

Tags: new region growth asia

 

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