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South Korean cigarette sales increase in 2022.
Despite the government's anti-smoking campaign, cigarette sales in South Korea rose by 1.1% in 2022 over the previous year, according to the Finance Ministry.
According to the Ministry of Economy and Finance, South Korean consumers purchased 3.63 billion packs of 20 cigarettes in 20...
Chipotle Mexican Grill outperforms analysts' forecasts as revenue increases 17%.
Tuesday, Chipotle Mexican Grill reported quarterly earnings and revenue that exceeded analyst expectations, driven by stronger-than-anticipated same-store sales growth.
Based on a survey of analysts conducted by Refinitiv, the following compares what the company reported to what Wall St...
A year of falling home sales ends with prices rising incrementally.
According to data released by the National Association of Realtors on Tuesday, sales of previously owned homes dropped 0.7% in January, capping a year of declines.
Although the rate of decline was smaller than in December (when sales were down 1.5%), overall sales are almost 37% below a...
Losses in global foundry sales in 2023 will hurt Taiwan and South Korea.
This year is expected to be a down year for revenues in the worldwide contract chipmaking industry, also known as foundries, as demand for sophisticated chips, which have strengthened the technology-driven economies of Taiwan and South Korea, rapidly cools. Foundry sales are forecast to drop by 4...
Tilly's holiday sales are down, and the company expects a loss for the fourth quarter
A decline of 12.9% was seen in Tilly's, Inc.'s net sales of $150.9 million during the nine-week holiday period. The company reported that during the 2022 holiday season, total comparable net sales, which include both brick-and-mortar and online channels, fell by 14.4 percent compared to a...
On the back of record-breaking Q2 sales, PI Industries shares have risen by 8%, reaching an all-time high
After reporting robust 31 percent year-on-year (YoY) sales growth at Rs 17,700 crore for the quarter ended September 2022, PI Industries' shares rose 8 percent on the BSE during Wednesday's intra-day trade, setting a new all-time high of Rs 3,554.25. (Q2FY23). The CSM (exports) division p...
French-Australian environmentalist freed by kidnappers in Chad
The Prime Minister of Chad tweeted on Sunday that a French-Australian captive who had been kidnapped in the country's eastern region had been released and was "in good health."
Prime Minister Saleh Kebzabo praised "the defence and security forces for this swift and su...
Kishida offers financial aid to anyone who have been harmed by the Unification Church.
Fumio Kishida, prime minister of Japan, said on Tuesday that the government is aware that the controversial Unification Church may have previously broken the law and that it is keen to work for legal reforms to help people financially damaged by the church.
The Kishida government has de...
Two offshore jack-up drilling units will be acquired by the ADNOC Drilling Company
ADNOC Drilling Company has announced the signing of a sale and purchase agreement (SPA) for the purchase of two more premium offshore jack-up drilling equipment. The investment is a key component of the company's ambitious expansion strategy and is included in its three-year capital expenditu...
MFS, an US$800 million electronics company, is being considered for sale by DCP Capital
According to persons familiar with the situation, DCP Capital is considering selling its controlling position in MFS Technology (S) Pte Ltd, a Singapore-based flexible printed circuit manufacturer.
According to the persons who asked not to be identified because they were discussing a pr...
Santos reports recording sales and volumes following the merger, as well as high natural gas prices
Since completing a merger with Oil Search Ltd. in December, the producer has reported its first full quarter of earnings. The addition of liquefied natural gas (LNG) and oil assets in Papua New Guinea and Alaska, according to management, boosted volumes and sales numbers over time.
Acco...
Global Pharmaceutical Contract Sales Outsourcing (CSO) Market to Witness 8.7% Growth during 2021 - 2029
The Global Pharmaceutical Contract Sales Outsourcing (CSO) Market is projected to grow at a CAGR of 8.7% during the forecast period (2021 – 2029). The global pharmaceutical contract sales outsourcing (CSO) market is driven by the changing nature of the pharmaceutical industry with new...
Ola Electric scooters sale crosses Rs 600 crores on first day: Bhavish Aggarwal
Highlights
- Ola S1 and Ola S1 Pro crosses sale of Rs 600 crore
- These scooters were launched in India on August
Ola S1 and Ola S1 Pro electric scooters cross the mark of Rs. 600 crore sales in one day. The CEO of the company, Bhavish A...
AUTO SALES IN CHINA ROSE 36.6 PERCENT IN JAN-MARCH PERIOD
Highlights –
- Auto sales in China rose 36.6 percent in the Jan-March period.
- Sales of passenger vehicles increased 38.1 percent year on year.
- Auto sales totaled 2.13 million units in May alone.
- NEV is expected to represent 2...
PETROL SALES IN UNITED KINGDOM HAVE HIT PRE-PANEDMIC LEVELS
Highlights:
- The petrol sales in United Kingdom have hit the pre-pandemic levels
- The fuel consumption in March 2020 in United Kingdom has been dropped sharply
On Thursday, according to the official data, the demand for the road fuel i...
JAPAN’S SUPERMARKET SALES ROSE 6.0% IN APRIL
Highlights –
- Japan’s supermarket sales rose 6.0% in April.
- Strong demand for clothing, with sales jumping 74.3% led to rise in supermarket sales.
- Overall sales of 11,804 supermarkets totaled 1.08 trillion yen.
- Sales o...
JAPAN RECORDS AN INCREASE IN CONVENIENCE STORE SALES BY 6.6% IN APRIL
Highlights –
- Japan records an increase in convenience store sales by 6.6% in April.
- Same-store sales of seven major convenience store operators totaled 842.50 billion yen.
- Average spending per customer fell by 1.1 percent to 682.10 ye...
FADA ESTIMATES 28 PERCENT AUTOMOBILE SALES DECLINE IN INDIA
HIGHLIGHTS
- FADA has estimated 28% automobile sales decline in India during APR 2021.
- The decline was observed in the month-on-month (MoM) sales number.
- The second wave of the COVID-19 pandemic has been mentioned as the reason for decline in...
NO CORPORATION TAX PAID BY AMAZON DESPITE THE SALES
Highlights:
- Amazon has collected record sales worth €44 billion in Europe in 2020 however, paid no corporation tax.
- Questions have been raised on Amazon’s tax planning system.
- The Luxembourg unit of the e-commerce giant employs 5...
S. KOREAN CARMAKERS SAW A JUMP IN SALES BY 77% IN APRIL
Highlights –
- S. Korean carmakers saw a jump in sales by 77% in April.
- The five carmakers sold a combined 630,691 vehicles in April.
- Hyundai reported its sales to double to 345,777 units from 167,693 a year ago.
- Kia's sa...