GlobalData, a leading data and analytics company, sees ASOS’ new partnership with Reliance Retail as a strategic move to capture a growing share of India’s fashion market. “Joining forces with Reliance Retail to boost its own-brand proposition in India will allow ASOS to better cater to the preferences and styles of local consumers, due to […]
Tag: Booming
Texas’ labor market is booming. Here are the 26 highest-paying jobs in the Lone Star State.
Texas is seeing a strong labor market, with record-high employment figures. Business Insider looked at Bureau of Labor Statistics data to check out how pay looks in Texas. Texas’ best-paying jobs are athletes and sports competitors, but around two dozen jobs pay over $175,000 on average. Texas has a booming labor market. March data from […]
Arizona’s economy is booming. But Biden struggles to reap benefits from voters
President Biden with union members after touring Intel’s Ocotillo campus in Chandler, Ariz., in March. (Brendan Smialowski / AFP/Getty Images) Aaron McDonald thinks back to when he came to Maricopa County nearly 20 years ago as a young ironworker hoping to get work building a new football stadium. Driving in from Wyoming for the first […]
Japanese carmaker Honda reports booming profit
Honda’s profit for the fiscal year through to March jumped 70 per cent as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported on Friday. Annual profit at Tokyo-based Honda Motor Co totalled 1.1 trillion yen as sales surged nearly 21 per cent to 20.4 billion yen. Weaker sales in […]
Japanese carmaker Honda reports booming profit
Honda’s profit for the fiscal year through to March jumped 70% as vehicle sales grew and a weak yen buoyed overseas earnings, the Japanese automaker reported on Friday. Annual profit at Tokyo-based Honda Motor Co totalled 1.1 trillion yen (£5.6 billion) as sales surged nearly 21% to 20.4 billion yen (£104.5 million). Weaker sales in […]
Toyota racks up booming profit, vows to invest to keep growth going
TOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker. Toyota Motor Corp.’s annual profit totaled 4.9 trillion yen ($31.9 billion), up from 2.45 trillion yen the year before, while its sales jumped 21% […]
These North Jersey towns are booming with development in 2024
In recent years, an abundance of new development and construction has brought vitality and commerce to several North Jersey towns. With the addition of luxury residential buildings, an uptick in commercial spaces, repurposing historic buildings, creating entertainment destinations and even giving transportation stations and public parks a face-lift, these towns have revitalized their local communities. […]
‘China’s Cape Canaveral’ is booming, fueled by moon mission and space program
Hainan, a Chinese island that’s geographically closer to Hanoi than Beijing, is known as the Hawaii of China due to its sandy beaches and temperate weather. But there’s another reason tourists from around China are flocking to Hainan these days: space. The city of Wenchang is home to a rocket launch center – and a […]
Apple can’t tell you iPhone sales are booming, so it’s talking about ‘services.’ That’s a problem.
Apple is boasting about its “services” revenue in Q2. It didn’t boast about iPhone sales, which declined. Which is why Apple has been telling Wall Street that “services” are an important growth category for some time. The problem: Apple’s two primary growth drivers for services are at risk from antitrust suits and rules. Apple had a great […]
Oakland County leader touts booming economy, vision for downtown Pontiac
Oakland County Executive Dave Coulter speaks about his concern for recent break-ins of upscale homes in Oakland County, and praises state investigators for collaborating with Oakland County police agencies, including the County Sheriff’s Office, in cracking sophisticated theft rings. Coulter spoke, on Monday, Dec. 11, 2023, at the Detroit offices of Michigan Attorney General Dana […]
Stocks muted as booming first-quarter comes to close
US stock futures were muted Thursday morning as markets were set to close a fruitful first quarter of 2024. Futures tied to the S&P 500 (^GSPC), the blue-chip Dow Jones Industrial Average (^DJI), and the tech-heavy Nasdaq Composite (^IXIC) all hovered around the flatline. The benchmark S&P set its latest record close of the year […]
China’s booming EV market puts these 3 companies on the path to growth. Here’s what sets them apart—and the challenges they have to face
China is the world’s largest EV market—and the most competitive. Sales of “new energy vehicles,” which includes both hybrids and battery EVs, expanded by 38% last year to reach 9.49 million units, according to data from the China Association of Automobile Manufacturers. If the global market for EVs was 13.6 million last year, as research […]