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  • Fashion Retailer H&M’s Profit Tumbles As Costs Bite

    Fashion Retailer H&M’s Profit Tumbles As Costs Bite0

    Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in the period, the world’s second-biggest fashion retailer’s fiscal fourth quarter, was 821

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  • Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources

    Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources0

    SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to three sources familiar with the situation. The layoffs come as SoftBank tries to set up a public listing for Arm this year. The China market has been

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  • Exclusive-Intel Weighs Boost To Investment In Vietnam Chip Packaging Plant -Sources

    Exclusive-Intel Weighs Boost To Investment In Vietnam Chip Packaging Plant -Sources0

    Intel Corp is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and packaging plant in the Southeast Asian nation, two sources familiar with the matter told Reuters. The possible move, which one source said could be worth about $1 billion, would signal a growing role for Vietnam

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  • Exclusive-Accounting For War: Ukraine’s Climate Fallout

    Exclusive-Accounting For War: Ukraine’s Climate Fallout0

    The war in Ukraine is deepening the climate crisis at time when global greenhouse gas emissions are already running at a record high, according to report by carbon accounting experts who have tallied the overall impact of the conflict. The report, which is due to be released on the sidelines of the U.N. climate summit

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  • Excellence Iconic Awards: Celebrating Remarkable Achievements.

    Excellence Iconic Awards: Celebrating Remarkable Achievements.0

    Dehradun, Gadhsamvedana News: Today, an occasion was coordinated by Three Finger Diversion Restricted at a lodging “The Emerald Excellent” situated on “Close to SGRR School, Sahastradhara Street, Dehradun, Uttarakhand” to introduce the Greatness Famous Honors, where striking characters from different conditions of the nation were granted for their exceptional and estimable accomplishments. These honors were

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  • European stocks hit by rising coronavirus cases

    European stocks hit by rising coronavirus cases0

    By Administrator_India Capital Sands A recovery in world stocks faltered on Monday as the threat of rising coronavirus infections in parts of Europe and the United States curbed risk appetite, boosting demand for safe-haven gold. European stocks fell 0.3% at the open after Germany’s coronavirus reproduction rate rose over the weekend to 2.88 on Sunday

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