Virus pounds global businesses, Netflix and soap aside
The first-quarter 2020 earnings season is as bad as expected, with the coronavirus butchering bottom lines worldwide, except those of Netflix and soap makers.
Apr 23, 2020
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Business
Page 20 - News tagged with sales
Business
ANA slashes profit forecast by 71% because of pandemic
Japanese airline ANA Holdings on Monday slashed its annual net profit forecast by 71 percent over massive falls in demand and major cancellations caused by the coronavirus pandemic.
Apr 20, 2020
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Automotive
Virus lockdowns send European car sales down 55%
European automobile sales fell by 55 percent last month due to the coronavirus outbreak as lockdown measures went into effect in most nations, the industry's trade association said Friday.
Apr 17, 2020
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Business
Coronavirus: Nike closes stores in US and some other countries
Multinational sporting goods seller Nike will close its stores in the US, Canada, Western Europe, Australia and New Zealand for 11 days starting Monday in response to the coronavirus pandemic, it said in a statement received ...
Mar 15, 2020
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German carmakers warn virus to shrink China market
China's car market could shrink up to seven percent year-on-year in 2020 as the effects of the novel coronavirus outbreak bite, Germany's VDA manufacturers' association said Thursday.
Feb 27, 2020
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Business
Aston Martin shares in reverse as annual losses balloon
Shares in Aston Martin Lagonda tanked Thursday after James Bond's favourite carmaker said net losses nearly doubled last year on weak global demand—and warned over the potential impact of coronavirus.
Feb 27, 2020
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Business
Early data point to bubbly US holiday sales
Early data on the 2019 holiday shopping season released Thursday suggest Santa Claus was a bit more generous this year as he shifted more into omnichannel mode.
Dec 26, 2019
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Business
Huawei asks court to throw out US telecom funds ban
Chinese tech giant Huawei is asking a U.S. federal court to throw out a rule that bars rural phone carriers from using government money to purchase its equipment on security grounds.
Dec 5, 2019
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German robotics set to shrink for first time in decade
Germany's prized industrial robotics and automation sector is expecting a drop in sales this year for the first time since the global financial crisis, an industry body said on Friday.
Nov 22, 2019
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Business
Honda first-half net profit slumps 19%, full-year forecast down
Japanese carmaker Honda said Friday its first-half net profit dropped 19 percent on negative currency exchange rates and falling motorcycle sales, slightly revising down profit forecasts for the full year.
Nov 8, 2019
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Sales
A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity.
A sale is completed by the seller, the owner of the goods. It starts with consent (or agreement) to an acquisition or appropriation or request followed by the passing of title (property or ownership) in the item and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership, being a price the seller is happy to part with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price the sale is still valid and gives rise to an obligation to pay.
This text uses material from Wikipedia, licensed under CC BY-SA
