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Global growth fears hit US shares

2014-10-10 00:46:35| BBC News | Business | UK Edition

The return of worries over global growth prospects sends the oil price and US shares tumbling in their biggest drop of the year.

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Global growth worries hit US stocks

2014-10-09 23:02:34| BBC News | Business | UK Edition

The return of worries over global growth prospects sends US stocks plunging, with the Dow Jones suffering its worst losses of 2014.

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Global PC sales hit 78.5 mln units in Q3, exceed forecast

2014-10-09 14:45:00| Telecompaper Headlines

(Telecompaper) Worldwide PC shipments declined by 1.7 percent year-on-year to around 78.5 million units in the third quarter, according to preliminary data from IDC. The drop in sales is a sizeable improvement over the projected decline of 4.1 percent thanks above all to strong commercial PC sales and returning consumer interest. The top three vendors Lenovo, HP and Dell continued to show solid year-on-year growth, with shipments of entry systems, including Chromebooks, again injecting an important source of volume and improved consumer demand. Lenovo's PC sales rose 11.2 percent to 15.7 million units (20.0% market share), HP increased 5.1 percent to 14.7 million (18.8% share) and Dell was up 9.7 percent to 10.4 million (13.3% share). Acer remained in fourth position with 6.6 million units sold (8.4 percent market share), mostly due to the success of its Chromebooks and entry-level notebooks, while Apple moved into fifth position on a worldwide basis with just short of 5.0 million units sold, overtaking Asus.

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Osborne: Eurozone woes will hit UK

2014-10-09 14:44:57| BBC News | Business | UK Edition

Chancellor George Osborne warns in a BBC interview that the UK economy will be affected by the slowdown in the eurozone economy.

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Fast Retailing FY profit hit by J Brand charge

2014-10-09 13:54:00| Daily apparel & textile news and comment - from just-style.com

Uniqlo owner Fast Retailing recorded a double-digit decline in full-year net profit thanks to continued losses for its J Brand business.

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