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Business

WOOX Innovations appoints leader for UK & Ireland

Published on November 4th, 2013 | by The GC Team

Ian Bywater has been appointed Market Leader for the UK & Ireland at WOOX Innovations, a standalone subsidiary of Philips which was established following the Dutch company’s move to terminate its agreement with Funai for the ... Read More


Business

Fagor Electrodomésticos heading for bankruptcy?

Published on November 1st, 2013 | by The GC Team

Reports from the Eurozone suggest that the future of Spanish white goods manufacturer Fagor Electrodomésticos is looking increasingly uncertain, as its parent company, the Basque co-operative Mondragón, has said it cannot rescue the group. Fagor Electrodomésticos ... Read More


Finance

Sony cuts full-year profit forecast by 40%

Published on October 31st, 2013 | by The GC Team

Sony today cut its full-year profit forecast by 40%, stating that it expects to make a net profit of ¥30 billion in the financial year to 31 March 2014, down from the ¥50 billion forecast in ... Read More


Finance

Sharp posts Q2 net profit

Published on October 31st, 2013 | by The GC Team

Sharp has posted a second-quarter net profit of ¥13.6 billion, against a ¥17.9 billion loss in the first three months of its fiscal year. The company reported a tenfold rise in comparable operating profit, from ¥3 ... Read More


Business

Loewe announces new investor

Published on October 28th, 2013 | by The GC Team

Loewe today announced it has received a specific written offer from a bidder confirming commitment to a long-term investment, which will support the strategic realignment of the German manufacturer’s business. Loewe was granted permission to carry ... Read More


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