Lego Posts Double Figure Revenue Growth
The European Space Agency themed Lego which will be going to space with Andreas Mogensen. Lego, the Danish toy company announced that revenue rose 23% to 14.1bn kroner (£1.4 billion) for the prior six months to June 30th. Net profit over the duration was 3.5bn kroner (£345m), a rise of 838m kroner. Chief Commercial Officer, Loren I Shuster said “while More...
German Economic Sentiment Remains Positive Whilst Government Maintains Growth Forecast
Germany is forecasting 1.8 percent growth in 2015. Despite concerns over China’s economy and turmoil in Greece, German companies shrugged off the issues according to a recent survey and government forecasts. The More...
Uber Revenue Expected To Reach $26 Billion in 2016 And Go Public Within 18-24 Months
Uber was recently valued at over $50 billion in its most recent funding round. According to a leaked document given to investors in China Uber Technologies Inc’s global bookings are projected to rise by nearly More...
Owner Of QVC, Liberty Interactive To Acquire Zulily
The companies combined are expected to generate over $10 billion in revenue. The owner of home shopping network QVC, Liberty Interactive Corp announced on Monday that it is acquiring five-year-old Internet retailer More...
Shares Rise In A.P. Moeller-Maersk Following Q2 Results
Maersk posted better than expected results causing the companies shares to rise by 7%. On Thursday shares in A.P. Moeller-Maersk jumped after the worlds biggest freight company released profits above Wall Street’s More...
Carphone Warehouse Targeted By Sophisticated Cyber Attack
Up to 2.2 million customers may be affected. Carphone warehouse have become the target of what they describe as a “sophisticated cyber attack”. It has been reported that 2.4 million Carphone Warehouse customers More...