Dell expects decrease in sales

Note: This section contains information in English only.
Source: BBC
Dell has announced 18% fall in its profits in Q4 of 2011 and expects further decline in revenues in this quarter thus escalating concerns that PC sector has not yet recovered after recession. Net income for the last quarter tumbled to 764 million US Dollars as compared to 927 million US Dollars in the previous year. After the company reported 7% expected decline in sales in this quarter, its shares lost 4%.


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Wed, 22 Feb 2012 09:53:01 GMT

Indian sugar exports may be impacted by the global surplus

Indian sugar export for 2011-12 are expected to be pressured by the global surplus of sugar output. The estimated surplus for the country is between six and eight million tons, reported the Rabo Bank. India is expected to produce 26 million tons of the commodity while consumption is likely to round at 22 million tons. Meanwhile, global sugar surplus is

Wed, 22 Feb 2012 10:39:48 GMT

Kevin Rudd resigns to run for a Australia premier elections

Kevin Rudd quitted as Australia's foreign minister in order to candidate in premier elections and challenge current PM Julia Gillard. The country's first female PM is struggling to get support from Labour party as her ratings fluctuates near record low. Rudd is well known for his autocratic way of leading. 

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