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LVMH revenue up despite the World Cup
The World Cup football has kept many tourists away from Japanese and Korean luxury shops. A situation that has been felt on the business of LVMH, which has presented this morning the results of its semi. Despite the football, the French group reported in the first six months of 2002, a turnover amounting to 5.82 [...]
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Unicredito, “no exposure to WorldCom”
UniCredit Group said they have no exposure to WorldCom, the U.S. telecommunications group, which nearly went bankrupt after the scandal that revealed a maxi-scam accounts to the budget. This was confirmed by a spokesman for the company.
Tags: Bank, company, credit, world
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Paris: Alcatel does not take advantage of the bounce
The profit warning issued by France’s Alcatel has not gone unnoticed, despite the dust raised by US-based Worldcom, and investors holding the title again this morning with a flurry of sales. His number one Serge Tchuruk has admitted that his company will be unable to meet its targets for 2002, contrary to Aquant announced shortly [...]
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AMD infects the English Arm Holdings (-9.4%)
Another bad day for shares Arm Holdings to the City of London, where exchange at this time falling by 9.4% to 139 pence. The title of the company, leads the world in designing chips, is suffering today for the profit warning issued yesterday by the American group of AMD microprocessors.
Tags: company, exchange, profit, world
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For Vodafone downs in view
Vodafone, the world’s first operator of mobile telephony, this week should make a multi-billion dollar write-down of some of the acquisitions made during the boom of telecommunications. The transaction, which should guarantee the English giant Ciraci 6 billion pounds, would cover Accor and China Mobile.
Tags: China, Dollar, mobile, Pound, world
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Agreement between SSBN and Txt for digital signature
SSBN companies for banking services, and TXT e-Solution, a leading developer of telematics solutions for the business world, have signed a collaboration agreement for the distribution of digital signatures through the integration between products and services of both companies. SSB will provide technology and know-how for the inclusion of digital signatures in applications Txt and [...]
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Large investments for Samsung Electronics
Samsung Electronic has planned to invest 32 thousand billion won (about HK $ 220 billion) over the next five years in the field of digital, with the ambition to become the world’s largest manufacturer of digital products. The South Korean company is trying to stay ahead in the high technology sectors such as semiconductors, mobile [...]
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Telefonica negotiates with TV Aztec but not off
Telefonica continues its offensive worldwide to hoarding and content, less than two weeks by the agreement with Dutch company Endemol, already emerging contacts with the second Mexican television, TV Aztec. The negotiations are aimed to allow the entrance of the subsidiary of Telefonica, Telefonica Media, one of the main markets in the Latin world, Mexico, [...]
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Dada will partner uunet
uunet, Internet Service Provider of the MCI WorldCom, a global leader, Dada has chosen as technology partner for the expansion of its network in Italy. Node uunet of Florence, one of the largest in Italy, will in fact be placed at the new Web Farm Dada made by Jacopo Marello, Network Manager of the company. [...]
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Sega cuts costs to return to profits
The Japanese group Sega Enterprises Ltd., famous throughout the world for its video game console and games elettonico, announced they would return to profitability as early as this year. The budget should, the management, return to active sopattutto through reduced costs for 283 million dollars. The spending cuts will focus particularly on areas of R [...]