According to the BBC Gloucester-headquartered Horizon said "no formal decision" had been made over its future after reports in the Nikkei Asian Review that construction would be halted. Hitachi Chairman Hiroaki Nakanishi told a news conference in December 2018 that, "We've told the British government we can no longer continue the project". [Full Article...]
The Saudi Minister said mutual cooperation of Pakistan, China and Saudi Arabia on Gwadar Port, which is located in an important region, as exemplary. Both the sides reviewed possibilities of expanding exports and discussed the prospects of active cooperation to realize the existing potential of the Gwadar Port. [Full Article...]
It's from whence the TVs of tomorrow come. Samsung has yet to provide the cost for its new TVs. "The Wall" uses micro-LED technology for a brighter picture than current TV's. Could one day, you be the owner of a 219-inch television? The LG Signature OLED TV R can also be partially rolled out - a mode that shows about 25% of the screen for simple displays like time and weather. [Full Article...]
Industrial production growth stood at 0.5 per cent in November, the government said on Friday. India's industrial output slipped to 0.5 percent in November as compared to 8.1 percent in October mainly on the back of contraction in manufacturing sector, mining , capital goods and consumer durable goods. [Full Article...]
Overall sales fell by 3 per cent on the previous year - more sharply than economists polled by Bloomberg had foreseen - after clocking two months of growth, including a modest 0.1 per cent rise in October. As expected, there was a significant rise in online sales, contributing 6.6 per cent to total retail turnover in November. Excluding food retailing, retail turnover climbed 1.9% YoY - also the... [Full Article...]
Analysts have called for fiscal 2018 adjusted earnings of $5.39 per share and fourth quarter year-on-year comparable same store sales growth of 5%, based on figures compiled by Thompson Reuters. Its comparable sales, including licensed departments, rose 1.1 percent during November and December. Consensus estimates are calling for $4.23 in EPS and $25.01 billion in revenue for the coming year. [Full Article...]
The stock fell 4.1 percent as of 10:18 a.m.in Hong Kong , taking its three-day decline to 18 percent, or $6.3 billion in market value. Expired yesterday was the six-month lockup period that followed the company's Hong Kong debut, during which some employees and cornerstone investors were banned from disposing of their allocated shares. [Full Article...]
The federal Alcohol and Tobacco Tax and Trade Bureau, in charge of approving labels and license for any new beer, wine and spirits, has been impacted by the shutdown, and some breweries are now waiting for their new products to be approved. [Full Article...]