Honda posts 45 percent higher sales in India in September
Honda sales in India rose by 45% in September to 15,015 vehicles, compared to 10,354 units in September 2013.
Japan’s second-largest automaker sold 1,152 Brios...
India announces offshore wind power project
India’s first offshore wind power project has been announced by the federal government. The 100-megawatt project will be built off the coast of Gujarat,...
Sainsbury full year forecast cut
Britain’s third largest supermarket chain J Sainsbury plc reduced its full-year sales guidance. The company will also review its dividend policy after posting a...
Manufacturing activity in India falls to nine-month low
The India Manufacturing Purchasing Managers' Index declined to a 9-month low of 51 in September from 52.4 in August, according to a report published...
FCA to launch Tesco probe
Tesco’s accounting system is to be investigated by the Financial Conduct Authority (FCA), the UK’s financial watchdog. A scandal emerged when the world’s second...
Ford adding 1,000 new jobs at its Oakville Assembly in Ontario
Ford will be generating 1,000 new jobs at its Oakville Assembly in Ontario, Canada, transforming it into one of its most competitive and advanced...
Walgreen reports loss of $239 million in fourth quarter
America’s largest drugstore chain, Walgreen, reported a loss of $239 million in its fiscal fourth quarter.
The loss stems from the company’s massive accounting charge...
News Corp. acquiring Move Inc. for $950 million
News Corp. has announced that it will be purchasing Move Inc., America’s third biggest online real estate listing company, for $950 million.
Move Inc.’s...
Japanese business confidence is up despite poor industrial production
In the three months to September Japanese business confidence has improved, according to the Bank of Japan’s quarterly study.
The Takan survey included over 10,000...
Enbridge plans to develop a multibillion-dollar pipeline through Colombia
Calgary based, Enbridge Inc, is exploring opportunities outside North America, with plans to develop a multibillion-dollar pipeline through Columbia.
The company said that it’s been...