Tag Archives: rises

Huawei First-Half Revenue Up 15 Percent as Smartphone Market Share Rises in China

Huawei Technologies Co Ltd posted a 15 percent rise in first-half revenue, with industry data showing market share gains at home for the smartphone maker that has been largely shut out of the US market over security concerns. The world’s third-largest smartphone maker said on Tuesday revenue rose to CNY 325.7 billion ($47.7 billion) for the six months to June… Read More »

FTSE flirts with record as sterling boosts; Inmarsat rises

Britain’s major share index climbed on Thursday, flirting with its record high level as a weaker sterling gave large multinationals a leg up, while Inmarsat rose on merger speculation. The FTSE 100 .FTSE was up 0.4 percent by 0900 GMT, with consumer staples and industrials stocks providing the top boosts to send it hovering near its highest intra-day… Read More »

Tesco warns global suppliers over price rises

Tesco chief executive Dave Lewis has warned global suppliers not to artificially inflate their prices because of the fall in the pound. It is his first public comments since supplier Unilever tried to raise the cost of popular items such as Marmite due to a weaker currency. The UK’s biggest retailer briefly halted online sales of Unilever’s goods.… Read More »

UK inflation at 1% as price of clothes and fuel rises

Rising prices for clothes, hotel rooms and petrol have led to the highest rate of inflation in nearly two years, official figures show. Inflation rose to 1.0% in September, up from 0.6% in August, the Office for National Statistics (ONS) said. Clothing saw its biggest price rise since 2010 and fuel, which was falling a year ago, was… Read More »

China business confidence rises again

Confidence among Chinese entrepreneurs has picked up for the second quarter running, according to the country’s central bank. People’s Bank of China surveys showed the business confidence index rising to 51.2% in the third quarter. That was 2.2 percentage points higher than in the second quarter. China’s factory output and retail sales grew faster than expected in August,… Read More »

New Zealand tops global list for house price rises

New Zealand, Turkey and Canada have seen the biggest leap in house prices over the past year, according to a new global ranking. Estate agents Knight Frank found property markets in the three countries grew between 10% and nearly 14%. While New Zealand comes in second after Turkey, it tops the list once the impact of inflation is… Read More »

New official UK house price index points to bigger past rises

British homeowners might be sitting on bigger increases in the value of their properties than they thought, based on a new official measure of house prices. The new index, which provides better coverage of new houses and homes bought without a mortgage, shows that prices in England and Wales rose by an average 6.1 percent a year between… Read More »