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AO World sees strong revenue growth

2016-03-31 10:05:17| BBC News | Business | UK Edition

Online domestic appliance retailer AO World sees its shares jump after it says its business has "performed strongly".

Tags: world strong growth revenue

 

Tui Group sees higher summer bookings

2016-03-31 09:24:20| BBC News | Business | UK Edition

Tui Group reports higher bookings for summer holidays this year, particularly from UK customers, with Spanish and long-haul destinations most favoured.

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GM sees U.S. market share stabilizing despite cut in fleet

2016-03-30 20:19:20| Automakers - Topix.net

GM cut rental fleet sales to about 400,000 units in 2015 and this year expects to sell about 310,000 to 320,000. DETROIT -- General Motors plans to cut sales to U.S. rental car fleets by 80,000 to 90,000 vehicles this year without surrendering significant market share, the head of the automaker's North American operations said.

Tags: in share market cut

 

World Bank lending arm sees off lawsuit by Indian fishermen

2016-03-30 08:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A Washington DC judge has ruled that the World Bank cannot be sued in a case brought by Indian fishermen and farmers who said that an investment by the Banks private sector arm in a giant coal-fired power plant had destroyed their livelihoods. In 2008 the International Financial Corporation (IFC) branch of the Bank announced a $450m loan for a subsidiary of the Tata Group conglomerate to build the power plant in Gujarat, billed as an essential project to help fuel Indias ongoing economic development....

Tags: world bank indian arm

 

Smithfield Foods sees sales of packaged, fresh pork divisions soar

2016-03-30 04:48:40| Food - Topix.net

Lower hog prices helped Smithfield's fresh pork and packaged meat businesses, but the cut in prices negatively affected the firm's hog raising operations in 2015. The Smithfield-based pork producing powerhouse, now a wholly-owned subsidiary of China-based WH Group Limited, recorded $14.4 billion in sales in 2015, according to a report filed with the Securities and Exchange Commission .

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