Business - NsNewsWire

China consumer inflation quickens, factory prices beat expectations

BEIJING, Feb. 14 (Xinhua) — China’s consumer inflation quickened in January due to holiday effects, while prices at factory gates rose faster than expected following soaring oil and gas prices, official data showed Tuesday. The consumer price index (CPI), a main gauge of inflation, grew 2.5 percent year on year last month, fractionally above market […]

China’s favorite Aussie wine company posts huge profits

SYDNEY, Feb. 14 (Xinhua) — Australian wine producer Treasury Wines has posted a huge 132.4-percent increase in their half yearly profit on Tuesday, spurred by their performances in China and around the globe. Treasury’s chief executive officer Michael Clarke was thrilled by his company’s performance, noting strong growth across the board, with “excellent cash conversion.” […]

Banglalink launched Micromax Q300 Smartphone only at 2,599 tk with FREE 9 GB internet and 600 Minutes Talk time

DHAKA, Feb. 13 (NsNewsWire) Banglalink, one of the leading digital communications service providers in Bangladesh has recently launched Micromax Q300 with free 9 GB Data and 600 Minutes Talk time only at 2,599 tk. Present at the launching ceremony were Shahriar Ahmed Remon, Head of Device, Banglalink, Shibly Sadiq, Portfolio Senior manager, Banglalink, Riajul Islam, […]

U.S. president’s economic agenda may trigger trade war, says Greek expert

ATHENS, Feb. 12 (NsNewsWire) — Ten years after the start of the biggest international economic calamity in post-war history, U.S. President Donald Trump’s economic agenda is likely to bring a new circle of debt crisis and threatens to trigger a trade war globally, according to a Greek expert. “The protective measures — starting with the […]

U.S. stocks on record-setting trajectory after Trump’s tax cut remarks

NEW YORK, Feb. 12 (NsNewsWire) — U.S. stocks were on a record-setting trajectory in the week, with the Nasdaq Composite Index closing at a record high four times in five sessions, as U.S. President Donald Trump’s remarks on tax cut boosted investor sentiment. On Monday, U.S. stocks ended lower after wavering in a tight range, […]

British economic growth accelerates in quarter to end of Jan.: NIESR

LONDON, Feb. 11 (NsNewsWire) — British economy grew at a faster pace over the three months to the end of January than in the previous three month period, according to figures Friday released by a major think-tank based in London. The National Institute for Economic and Social Research (NIESR) said that the British economy grew […]

U.S. consumer sentiment falls in early February

WASHINGTON, Feb. 11 (NsNewsWire) — U.S. consumer sentiment retreated in early February from a record high level reached in January. The preliminary reading of the consumer sentiment for February decreased from 98.5 in January to 95.7, said the Thomson Reuters/University of Michigan index of consumer sentiment on Friday, reports Xinhua. “Consumer confidence retreated from the […]

China’s January trade restores momentum, pressure remains

BEIJING, Feb. 10 (Xinhua) — China’s trade started 2017 with a strong rebound, with exports and imports both up significantly, but the rise of trade protectionism will be a growing restraint on China’s future exports growth. China’s yuan-denominated exports rose 15.9 percent year on year in January, up from 0.6 percent in December, while imports […]

Huawei Spain certified as Top Employer for 2017

MADRID, Feb. 10 (NsNewsWire) — Chinese telecommunications Huawei Spain has been named as one of the top employers 2017 by the Top Employers Institute, a global certification company recognizing excellence in the conditions that employers create for their people. Huawei Spain confirmed the news on Thursday that it was among 81 companies in Spain to […]