Kindle sales help to fuel profits at Amazon, but forecasts weigh April 22, 2010 AMAZON, the online retailer, yesterday reported a 68 per cent rise in net profits for the first quarter of the year to $299m (£194.5m). Resilient demand for online goods supported by sales of its Kindle e-reader fuelled the sales growth. However it also forecast lower-than-expected earnings, raising concerns about the online retailer’s future margins. Amazon [...]
UK TV exports grow to £1.3bn despite tough trading conditions October 5, 2010 SALES of UK TV programmes on the international market soared almost 10 per cent to £1.3bn last year, buoyed by the success abroad of hit shows like the BBC’s Top Gear, according to the UK TV Exports Survey. Sales to the US alone reached £485m – a three per cent hike. Sales in Australia and [...]
Give the gift of a fit, toned body November 29, 2010 LEMON DETOX IN THE CITY The famous Beyonce/Demi & Ashton Maple Syrup Diet is now available as a City detox at the swanky new Hotel Verta in Battersea. For weight loss in the height of luxury, vouchers for the detox start from £375.00 including overnight stay, consultation, two treatments and the Lemon Detox formula with [...]
Give the gift of a fit, toned body November 29, 2010 LEMON DETOX IN THE CITY The famous Beyonce/Demi & Ashton Maple Syrup Diet is now available as a City detox at the swanky new Hotel Verta in Battersea. For weight loss in the height of luxury, vouchers for the detox start from £375.00 including overnight stay, consultation, two treatments and the Lemon Detox formula with [...]
Asos sees sales surge by 47 per cent October 14, 2010 Online fashion retailer ASOS said it was on track to meet full-year profit forecasts after a 47 per cent surge in second-quarter sales. ASOS, which launched a US website last month, also said it expected to launch French and German versions by the end of the month. Retail sales jumped to £69.7m in the three [...]
Oracle snaps up Art Tech in a $1bn deal November 2, 2010 ORACLE plans to buy e-commerce software company Art Technology Group for $1bn in cash to compete with other large technology vendors like IBM which have been expanding their software lineups. Oracle’s $6-per-share bid, announced yesterday, represents a 46 per cent premium over ATG’s close of $4.10 on Nasdaq. Analysts said the acquisition, due to close [...]
Oracle snaps up Art Tech in a $1bn deal November 2, 2010 ORACLE plans to buy e-commerce software company Art Technology Group for $1bn in cash to compete with other large technology vendors like IBM which have been expanding their software lineups. Oracle’s $6-per-share bid, announced yesterday, represents a 46 per cent premium over ATG’s close of $4.10 on Nasdaq. Analysts said the acquisition, due to close [...]
Oracle snaps up Art Tech in a $1bn deal November 2, 2010 ORACLE plans to buy e-commerce software company Art Technology Group for $1bn in cash to compete with other large technology vendors like IBM which have been expanding their software lineups. Oracle’s $6-per-share bid, announced yesterday, represents a 46 per cent premium over ATG’s close of $4.10 on Nasdaq. Analysts said the acquisition, due to close [...]
Wall Street ends flat on eve of US midterm votes November 1, 2010 Investors were reluctant to make big bets ahead of two events that could dictate the stock market’s direction for the rest of the year and beyond, leaving shares little changed yesterday. The benchmark S&P 500 index rose 12.9 per cent since the start of September on hopes for Republican gains in Tuesday’s elections and a [...]
E-book sellers face probe August 2, 2010 Connecticut attorney general Richard Blumenthal is investigating deals struck by Amazon.com and Apple to offer low prices on electronic books, saying the agreements may block rivals from providing attractive pricing. Earlier this year, Amazon and Apple worked out a “most favoured nations” deal with major publishers, ensuring rival booksellers would not be able to work [...]