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Tag: boosts
ZTE boosts profit on declining Q1 sales
2013-04-29 08:13:00| Telecompaper Headlines
(Telecompaper) Chinese telecom equipment and mobile phone maker ZTE reported net profit up 35.9 percent to CNY 205 million in the first quarter, compared to the year-earlier period. The improvement came from ZTE's operational review and a disposal gain from the sale of a controlling stake in telecom and video surveillance equipment subsidiary Shenzhen ZTE Netview Technology (ZNV) for CNY 1.3 billion. The company's gross margin has expanded for two consecutive quarters thanks to increasing cost control efforts. Revenue declined 2.8 percent to CNY 18.09 billion in the first quarter compared to a year earlier.
Tags: sales
profit
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boosts
Singapore Airlines Boosts Stake in Virgin Australia
2013-04-27 09:04:26| Airlines - Topix.net
Virgin Australia on Wednesday said Singapore Airlines had agreed to buy a further 9.9 percent stake in the company for Aus$122.4 million as rivals to Qantas step up their game.
Tags: australia
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virgin
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Japan boosts economic forecasts
2013-04-26 18:22:08| BBC News | Business | UK Edition
The Bank of Japan raises its forecast for both economic growth and inflation this year in its twice yearly report.
Tags: japan
economic
forecasts
boosts
Apple boosts R&D spending
2013-04-25 17:55:53| CNET News.com
The company, in search of new product categories, has boosted its R&D spending 33 percent for the six months ending March 31. [Read more]
Tags: apple
spending
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apple boosts
Canon, Nintendo find solace in Abenomics as weaker yen boosts outlook
2013-04-25 01:00:18| Electronics - Topix.net
Super Mario creator Nintendo Co Ltd forecast a return to the black after two years of losses and camera maker Canon Inc raised its profit forecast by nearly 10 percent as a weaker yen, spurred by aggressive deflation-fighting policies, bolstered the outlook of Japan's tech companies.
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canon
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