Daniel Ritort

Tag Archives: market

Apple shares rise after Chinese iPhone deal

Shares in United States technology giant Apple have jumped 3% after it signed a deal to supply its iPhone to China Mobile. The Chinese firm is the world’s largest carrier and was one of three networks to be awarded China’s … Continue reading

Free trade zone opens in Shanghai

A free-trade zone in Shanghai, China‘s economic hub, has been launched as the world’s second-biggest economy prepares to test long-awaited economic reforms. Gao Hucheng, commerce minister of China, attended the opening ceremony for the zone, which covers 29 sq km.

Syria fears shake markets

The possibility of military action against Syria has continued to shake up global markets. The price of oil, which has soared this week, steadied throughout today’s afternoon.

Carl Icahn buys Apple as he considers market undervalues it

Carl Icahn, billionaire investor, says Apple shares are extremely undervalued and wants Apple to carry out a bigger share buyback. In April, Apple said it would return $100bn to shareholders by the end of 2015, by raising its dividend and … Continue reading

HSBC double profits as bad loans fall

HSBC almost doubled pre-tax profits to $8.4bn in the first three months of 2013 after trading conditions in the bank‘s key markets improved. The rise, an increase of 95% on the same quarter in 2012, came as HSBC reported a … Continue reading

China becomes biggest PC market

According to market data report made by IHS, China has overtaken the United States in 2012 as the world‘s biggest market for personal computers. Research by the consultants IHS said PC shipments to the country rose to 69 million units … Continue reading

Markets fear Italian political deadlock

The output of the Italian elections has given an unclear majority to the center-left, which should find a difficult agreement with center-right to run the government. Markets have fallen in anticipation of political deadlock in Italy following parliamentary elections there. … Continue reading

Kia grows in European automobile market

Growing in a shrinking market is always difficult, especially without offering major discounts. Yet that is exactly what the South Korean carmaker Kia is doing in Europe, at a time when a economic storm is sweeping the continent. Paul Philpott, … Continue reading

China will be Apple’s biggest market

Tim Cook, chief executive officer at Apple, said in an interview that Apple expects China to overtake the United States as its biggest market. He said China is currently Apple’s second largest market, and he added he strongly believes it … Continue reading

Indian online businesses are a long term promise

As the lights come on, models pose and the cameras click away. Tunics, shoes and jewelry, are all being snapped. Photos are uploaded within minutes, to be seen by millions of online customers across India. This is the new world … Continue reading

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