Apple reportedly had a team of 100-plus product designers working on the iWatch in February, and in early July, Apple managed to attract Paul Deneve, the former CEO of French luxury label Yves Saint Laurent, to work on “special projects” at Apple. It …
Australia and other Asian countries are just beginning to respond to Japan by lowering exchange rates and by other means, so the “easy” devaluation of the yen has already happened. The hard work is just starting, as other countries will increasingly …
While we put together the second quarter guidance, the assumption is that we would have more pricing flexibility to handle the impact of inflation, currency devaluation and volume performance. April results were in line with this view. In June, when we …
Due to a loss on Venezuelan currency devaluation, net income of General Motors depressed by $200 million in the first quarter of 2013. This hit was because Venezuela devalued its Bolivar currency. General Motor generates more than 60% of its revenue …
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Free zone success in global markets hinges on their staying competitive. At early stages, pioneering free zone countries such as Taiwan offered five-year tax holidays to investors in export processing zones. Other countries extended the tax-free period …
The depreciation of the rand could lure increasing numbers of foreign tourists to local shores in the coming summer months. But any theoretical increase in demand from overseas visitors due to a more “competitive currency” could in part be offset by …
Gold climbs as much as 0.8 percent * Up for 5 sessions out of 6 * Asia stocks erase early losses (Adds analyst comments, updates prices) By A. Ananthalakshmi SINGAPORE, July 15 (Reuters) – Gold extended gains on Monday after posting its biggest weekly …
July 15 (Bloomberg) — Bloomberg senior market correspondent Julie Hyman and Alan Kuckman, senior market analyst at Trading Advantage focus on the recent rebound in the price of gold and other commodities, plus a look at the latest market statistics in …