Inventory

Taiwanese chipmaker TSMC forecast on Thursday a fall of as much as 16 percent in current-quarter sales amid a weakening global economy and as the Apple Inc supplier struggles to clear inventory.As the biggest maker of chips that power…

In March 2023, cotton textile exports crossed $1 billion; it is an encouraging sign and the hope the momentum will be maintained, says Siddhartha Rajagopal, executive director, Cotton Textiles Export Promotion Council | Photo Credit: Hand…

Appario, a major seller on Amazon, a joint venture between Amazon and Patni Group, will be shutting down within a year, despite being one of the largest sellers on the platform. According to sources, Appario has begun shipping its inventory…

The housing inventory overhang in the top seven cities in India stood at a five-year low of 20 months at the end of the January-March quarter, data from real estate consultancy Anarock showed on Monday. It was the highest at 55 months in…

InterGlobe Hotels, the joint venture between InterGlobe Enterprises and Accor Asia Pacific, along with its other SPVs, is eyeing close to 6,000 operating rooms from 30 hotels in India in the next two years, its president & CEO JB Singh…

Valve has finally made a public announcement introducing Counter-Strike 2. The upcoming update is a long due from Counter Strike.Due to its strong core mechanics, popular esports scene, and thriving digital economy of in-game items, the…

Nike easily beat Wall Street's estimates for its holiday quarter earnings and revenue, although its bloated inventory continued to weigh on its margins and sales in China fell short of expectations.Nike, like other retailers, has been in…

Suzuki Swift cars roll off the assembly line at an auto plant. — AFP/FilePak Suzuki Motors will shut down its automobile plant for nearly a week owing to inventory shortfall as the commercial banks continue to stonewall the…

Pakistan Railways (PR) are in trouble with passenger and freight trains being run with only three-day oil inventory, claims a report. As the economic crisis deepens in the South Asian country, as per the report a few days back the oil stock…

Canadian Blood Services says it’s been successful in attracting new donors, but a slew of unfilled or cancelled appointments over the past few months has left the blood supply lower than it would like. The organization set an…