Japanese tertiary index fell by 0.6% in December

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Source: Forexpros
Japanese tertiary industry activity index declined more than expected in December, reported METI. The country's tertiary index declined by 0.8% on a seasonally adjusted basis after growing by 0.6% in November. Experts projected the index to lose 0.4% last month.
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Tue, 17 Jan 2012 09:27:37 GMT

Burberry revenues soared 21% in Q3

Burberry Group PLC announced its revenues hit 574 million pounds in Q3 ending on December 31, indicating 21% yearly increase. Retail sales amounted 417 million pounds, reflecting 23% increase on the underlying basis. The company will maintain its core strategy to pursue sustainable growth, said Angela Ahrendts, CEO of Burberry.

Tue, 17 Jan 2012 10:25:55 GMT

Rio Tinto announces record high iron ore production

Rio Tinto PLC announced, it increased output of core steel-making commodities in the last quarter of 2011, with its iron ore production attaining a record high level of 51.2 million metric tons, indicating yearly increase by 2% in Q4. Full year production of iron ore advanced by 4% to 191.8 million tons, while the output of coking coal surged by

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