25, May, 2019
March sugar sales come to a standstill on overselling

Sales

An expected downturn in the memory market this year will reportedly shake-up the semiconductor sales leaderboard, and propel Intel back into the pole position. Intel had been the top semiconductor supplier in the world from 1993 to 2016, but a slumping PC market coupled with strong growth from competitors entrenched in ultra-mobile […]

Uphill? No worries, on the Tern GSD e-cargobikeTERN There are now more e-bikes sold in The Netherlands than non-electric bikes. But let me qualify that. According to new market statistics 40% of all bicycle sales in The Netherlands last year were e-bikes. However, when you strip out of the total […]

A busy high street scene with a couple holding hands and walking past fashion shopsGETTY A UK parliamentary inquiry into the decline of high streets and town centers has issued a proposal for an online sales tax to help secure their future. “The High Streets and Town Centres in 2030 […]

Check out the companies making headlines after the bell: Shares of Amazon rose as much as 3 percent and then dipped more than 2 percent negative in extended trading Thursday after reporting better-than-expected earnings and light guidance. The e-commerce giant beat on the top and bottom line. Earnings per share […]

Diageo CEO: Consumers moving from beer to more premium spirits   14 Hours Ago | 02:25 British distiller Diageo is dodging consumer confidence headwinds by taking advantage of trends in alcohol and drinking preferences, CEO Ivan Menezes told CNBC on Thursday. “We are benefiting from consumer trends where people are drinking […]

Amazon Web Services reports 45 percent jump in revenue in the fourth quarter Amazon Web Services said revenue reached $7.43 billion in the fourth quarter. The segment remains Amazon’s dominant source of profit. Amazon beat on earnings and revenues—here’s what three experts are saying about the stock now   8 Hours […]

Apple CEO Tim Cook greets shoppers at a Palo Alto Apple store on Sept. 21, 2018 for the release of the iPhone XS and iPhone XS Max. Apple’s stock climbed 6.8 percent Wednesday after the company reported that iPhone sales — once considered the most important metric for the company […]

Confident we can offset biosimilar competition, Roche CEO says   23 Hours Ago | 02:32 Swiss health care giant Roche reported a 7 percent rise in 2018 sales on Tuesday, highlighting strong demand for its new range of medicines. Group sales climbed to 56.8 billion Swiss francs ($57.2 billion) with net […]

Pending home sales see lowest December since 2013   10:19 AM ET Wed, 30 Jan 2019 | 00:57 House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future indicator of closings in one to […]

Amazon beat on earnings and revenues—here’s what three experts are saying about the stock now   8 Hours Ago | 02:39 Amazon’s fourth-quarter results beat estimates, but weak guidance and general concerns about slowing growth and heavier investments in 2019 dragged the stock down in after hours trading. Here are the […]

Kiyoshi Ota | Bloomberg | Getty Images Attendees wait in line to play video games on Nintendo Switch game consoles during the new console’s unveiling in Tokyo on Jan. 13, 2017. Nintendo is less optimistic about how many of Switch units it will manage to sell by the end of […]

Shares of Nvidia tanked as much as 17 percent Monday after the company lowered its revenue guidance for the fiscal fourth quarter citing “deteriorating macroeconomic conditions, particularly in China.” The stock pared some losses by midday and ended trading 14 percent down. The drop trimmed more than $13 billion off […]