BASF sets the bar high

BASF sets the bar high

BASF, a world leading chemical company, is striving to increase this year’s sales and earnings in all operating segments.
Siemens rolls out sound revenue growth

Siemens rolls out sound revenue growth

Siemens Group continues a broad-based revenue growth in second quarter while forecasting lowered income for 2012.
Ericsson profit slides 73 pct as share plunges

Ericsson profit slides 73 pct as share plunges

Swedish telecom equipment maker Ericsson on Wednesday reported a worse-than-expected 73-per cent dive in its fourth quarter net profit on weak mobile network sales, sending its share price into freefall.
Barclays profits slide 38 pc, flags job cuts

Barclays profits slide 38 pc, flags job cuts

Banking group Barclays said Tuesday that interim net profit slid 38 per cent and warned it could axe some 3,000 jobs this year as it slashes costs in a "lacklustre" global economic environment.
Trade deficit continues to rise

Trade deficit continues to rise

The trade deficit increased to $6.6 billion in the first five months this year compared to $5.4 billion in the same period of last year due to higher import value, according to the General Statistics Office (GSO).