*Net was 347.5 mln yuan, revenue 26.6 bln yuan. BEIJING, Dec 15- Privately owned Xiaomi Technology Ltd Co booked 347.5 million yuan in net profit last year, according to a regulatory filing that showed the world's No.3 smartphone maker grappling razor-thin margins. "They're growing so fast and so lean, I wouldn't be surprised even if they were losing money," said...» Read More
Two of India’s largest family-run groups plan to invest billion of dollars around the globe as they seek to boost revenues by expanding in fast-growing emerging markets and by acquiring distressed assets of companies based in developed markets. The FT reports.
Nike and Adidas cash in on Chinese consumers’ desire to be seen in foreign brands.
Americans often check their receipts to make sure they've bought everything they need, and probably to see if what they paid this time is any different from the last trip. The government does the same with the Consumer Price Index. Here are the details.
The rising labor costs for companies that supply Chinese goods to the West may result in higher consumer prices. The NYT reports.
Coach, the U.S. accessories brand, is planning to shift up to half of its manufacturing out of China to escape rising labour costs at the same time as it moves aggressively to expand its sales in the country. The FT reports.