We consider India a key market and intend to maintain our financial commitment there. The director of Hyperforce at Salesforce

According to Salesforce's Hyperforce product director Matthew Parin, the company has put a lot of resources into India over the years, increasing the number of employees and opening new offices to accommodate the needs of its rapidly expanding customer base in one of its fastest growing regio...

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...

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...

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...

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...

JAPAN’S WHOLESALE PRICES ROSE BY 4.9 PERCENT IN MAY

Highlights –

• Japan’s wholesale prices rose by 4.9 percent in May.
• In April, wholesale prices increased 3.8 percent.
• Wholesale prices of petroleum and coal products surged 53.5 percent from a year earlier.
• Electricity,...

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...

S. KOREA’S INDUSTRIAL OUTPUT GREW 0.8% IN MARCH

Highlights –

• S. Korea’s industrial output grew 0.8% in March.
• Output in the mining, manufacturing, gas, and electricity industries declined 0.8 percent in March.
• In the reporting month service production gained 1.2 percent on-mo...

SAMSUNG BIOLOGICS SAW ITS Q1 NET PROFIT TO RISE BY 66.4%

Highlights –

• Samsung Biologics saw its Q1 net profit to rise by 66.4%.
• During January-April period the company’s net profit reached US$54.8 million.
• In the same period its operating profit rose 74.3 billion won.
• On We...