Wednesday, April 16, 2014
The world's leading food industry group Nestle saw its sales plunge 5.1 percent in the first quarter, it said on Tuesday, blaming the effect of exchange rates and strength of the Swiss franc.
Indian outsourcing giant Infosys on Tuesday reported quarterly net profit rose by a surprise 25 percent, lifted by new European and U.S. contracts, as it forecast an increase in annual revenues.
World stock markets were mostly lower Tuesday as Ukraine tensions continued to bubble and jitters about China's economy resurfaced.
Oil prices fell on Tuesday on profit-taking one day after Russia-Ukraine tensions had sent them higher.
The dollar held firm in Asia Tuesday after solid retail sales data boosted confidence in the U.S. economy while tensions in Ukraine and speculation over more European Central Bank monetary easing weighed on the euro.
Tuesday, April 15, 2014
Global commerce is set to grow by 4.7 percent this year, the World Trade Organization said on Monday, with recovery in rich economies expected to mitigate risks in developing nations.
As the European Union strives for an 80-percent reduction in carbon emissions, Taiwan should also promise to cut down on carbon emission by 2050, said Sir David King, special representative to the foreign secretary on climate change in the UK.
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U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.
The United Nations warned on Monday of the potential “massive destruction” of the world's banana crop if a disease affecting the most popular variety spreads from Asia to Africa and the Middle East.
Far EasTone Telecommunications Co., Taiwan's third-largest mobile operator, announced yesterday its own-branded mid-tier 4G smartphone to make inroads into the country's new 700 megahertz (MHz) frequency.