Tag Archives: focus

Fashion firms focus on social media

Speed of reaction to social media trends is becoming more important in the battle between fast fashion and more established High Street retailers, say experts. Young women are increasingly being influenced by what they see on apps such as Instagram, as well as by celebrities. Fast fashion brands are jumping on these trends. But High Street retailers say… Read More »

Huawei Sees Annual Smartphone Shipments Slowing With Focus on Profits Over Volumes

China’s Huawei Technologies forecast smartphone shipments of 140 million-150 million this year, a sharp slowdown in annual growth as the world’s third-largest smartphone maker chases profits instead of volumes by selling more high-end phones. Shenzhen-based Huawei’s profit growth has been under pressure with its low margin smartphone business facing strong competition at home and abroad, forcing Huawei earlier this year… Read More »

Kotak Mahindra Bank to focus on building stressed asset business

Uday Kotak, vice chairman and managing director at Kotak Mahindra Bank at the launch at the launch of the bank’s new paperless zero-balance savings account, in Mumbai on Wednesday. Mumbai: Kotak Mahindra Bank Ltd will focus on building its stressed asset resolution and turnaround business in the coming years, Uday Kotak, vice chairman and managing director of the… Read More »

Asian shares slip in holiday-thinned trade, focus turns to U.S. data

Asian shares struggled on Thursday after a lacklustre performance on Wall Street, with investors looking to U.S. economic data later in the day for potential catalysts even as markets started winding down ahead of the holidays. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS erased early modest gains and slipped 0.3 percent, while Japan’s Nikkei stock index… Read More »

UK Business Secretary postpones Iran trip to focus on Tata steel crisis

Business Secretary Sajid Javid has postponed a major trade visit to Iran to focus on the future of Britain’s steel industry, a spokesman from the business department said on Tuesday. India’s Tata group announced plans to sell its entire UK steel operation in March, leaving the government battling to save an industry that has been hurt by cheap… Read More »