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March 31, 2021 Biz in 60

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Manage episode 288941261 series 1419069
Kandungan disediakan oleh Business in 60 Seconds and TRT World. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Business in 60 Seconds and TRT World atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Turkey's exports rose 9.6% in February, imports up 9.4% Turkey's exports rose by 9.6 percent on an annual basis to $16 billion last month, as economies around the world gradually reopen. Imports were also up 9.4 percent to $19.3 billion, bringing the foreign trade deficit to $3.3 billion. The top destination for Turkish goods during the month was Germany, followed by the UK and the US. Huawei's profit growth slows sharply as US sanctions bite Huawei's annual profit growth slowed sharply in 2020, as US sanctions and disruptions caused by the pandemic weighed on its operations. Net profit at the Chinese telecom giant came in at $9.9 billion, up by 3.7 percent year-on-year. That's down from the 5.6 percent growth recorded in the previous year. H&M swings to quarterly loss of $122M due to store closures H&M has swung to a quarterly loss, as lockdowns forced more than a third of its stores to close. The world's second-largest fashion retailer reported a net loss of $122 million in the three months to March. Meanwhile, the company says its commitment to China remains strong, in response to a boycott launched by Chinese shoppers after H&M spoke out about forced labour in the Xinjiang region.
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173 episod

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March 31, 2021 Biz in 60

Business in 60 Seconds

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Manage episode 288941261 series 1419069
Kandungan disediakan oleh Business in 60 Seconds and TRT World. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Business in 60 Seconds and TRT World atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
Turkey's exports rose 9.6% in February, imports up 9.4% Turkey's exports rose by 9.6 percent on an annual basis to $16 billion last month, as economies around the world gradually reopen. Imports were also up 9.4 percent to $19.3 billion, bringing the foreign trade deficit to $3.3 billion. The top destination for Turkish goods during the month was Germany, followed by the UK and the US. Huawei's profit growth slows sharply as US sanctions bite Huawei's annual profit growth slowed sharply in 2020, as US sanctions and disruptions caused by the pandemic weighed on its operations. Net profit at the Chinese telecom giant came in at $9.9 billion, up by 3.7 percent year-on-year. That's down from the 5.6 percent growth recorded in the previous year. H&M swings to quarterly loss of $122M due to store closures H&M has swung to a quarterly loss, as lockdowns forced more than a third of its stores to close. The world's second-largest fashion retailer reported a net loss of $122 million in the three months to March. Meanwhile, the company says its commitment to China remains strong, in response to a boycott launched by Chinese shoppers after H&M spoke out about forced labour in the Xinjiang region.
  continue reading

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