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India's rupee crackdown sees money-changers ink-marked
2016-11-16 13:36:51| BBC News | Business | UK Edition
India's rupee crackdown will see people marked with indelible ink to ensure they get only one chance to change their bank notes.
Tags: sees
crackdown
rupee
indias
Reebok sees Brazil sales and sourcing boost
2016-11-08 11:33:00| Daily apparel & textile news and comment - from just-style.com
Sportswear brand Reebok expects sales in Brazil to rise 10% this year - and is planning to source the same amount locally for the first time - after owner Adidas took over the beleaguered franchise last year, brand manager Julian Salguiero has told just-style.
Tags: sales
brazil
sees
reebok
Vimpelcom sees small increase in organic sales, EBITDA in Q3
2016-11-03 08:11:00| Telecompaper Headlines
(Telecompaper) Vimpelcom reported a small increase in organic sales and EBITDA in the third quarter, led by a strong performance in Ukraine and Pakistan. Excluding currency effects, disposals and acquisitions, revenues rose 0.8 percent and EBITDa was up 0.6 percent. On a reported basis, revenue fell 3 percent to USD 2.372 billion, hurt by forex effects and lower sales in Algeria and Russia. Service revenue was also down 3 percent year-on-year, as the drop in voice revenue offset 28 percent growth in mobile data revenue. Total mobile customers increased by 10.1 million to 205.5 million at the end of Q3, mainly driven by the consolidation of Warid's customers in Pakistan from July. Group EBITDA, excluding one-time items, fell 5 percent to USD 962 million, and the margin dropped to 40.6 percent from 41.7 percent a year ago. The net result was a profit of USD 445 million, compared to a loss of USD 1.005 billion a year ago when Vimpelcom took a number of restructuring and legal settlement charges.
Tags: small
sales
increase
organic
Next sees sales fall again in 'difficult' quarter
2016-11-02 08:49:06| BBC News | Business | UK Edition
Retailer Next blames a sharp drop in sales on discounting and tough comparisons to last year.
Tags: sales
fall
difficult
quarter
Oil giant BP sees profits nearly halve
2016-11-01 10:41:05| BBC News | Business | UK Edition
Oil giant BP reports a near 50% fall in third-quarter profits as the sector continues to struggle with low prices.
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