H & M’s figures crushes expectations – Business Week

H & M's figures crushes expectations – Business Week

Petrol prices fall, Apple is investing in precious screens and Hennes & amp; Mauritz delivers extremely strong figures. Here is the VA’s most important 3 minutes.

RUSSIAN MILITARY drove across the border A
column of armored vehicles and military trucks crossed late last night the border between Russia and Ukraine, according to British newspaper The Telegraph online. The newspaper writes that the column of Russian vehicles were observed by a group of Western journalists. (DN)

MANNING BRAKES IN
A quarter of the companies in the staffing industry expects to reduce the number of employees in the third quarter. The proportion who believe in hiring in Staffing Survey stops at just under 30 percent. Additionally, new figures show that the outcome for the second quarter was significantly lower than the companies expected. (DN)

ELECTROLUX GE INTEREST echo
Electrolux, together with other companies showed interest in General Electric’s appliance unit may heighten international financial media. The Wall Street Journal adorns the front page news. (WSJ, FT)

LOWER OIL PRICE pulls the gasoline
oil price has fallen to its lowest level in a year – despite the dramatic developments in Iraq. Slowly but surely, following the fuel price with downward. After the oil companies cut yesterday is gasoline price is about 70 cents below the peak in late June. (DN)

APPLE GOES FOR SAPPHIRE SCREENS
Apple pioneered when the company started to produce smartphones with glass instead of plastic. Now the electronics giant wants to do the same thing again, the company has namely invested $ 700 million to manufacture sapphire screens for the next generation iPhone and the new smart watch. (WSJ)

H & M’s figures CRUSHES EXPECTATIONS
Hennes & amp; Mauritz total sales rose 17 percent in July compared with the same month last year when sales growth was 9 percent. Sales figure is at constant exchange rates and including VAT.

According SME Direkt had analysts on average expected to total sales would increase by 12 percent. Total number of stores as of last July was 3,314 compared to 2,940 at the same point last year.

REACTOR PLAN CAUSES RIOT in the election campaign
Plans for a new research reactor exposes a deep crack in the government. Centre Party condemns the venture, but gets tight attacked by Kd. While formulating the Green Party still a tough ultimatum against the Social Democrats, who ducks in asking. (DI)

Wallström into the choice of the (S)
veteran Margot Wallström engage in the election campaign for the Social Democrats. But it is unclear what role she may at any red-green election victory. (DI, SvD)

MOODY’S WARNS OF ECONOMIC side-effects of Ebola , Moody’s warns that the Ebola outbreak may, in addition to the human tragedy, also have significant economic consequences for affected countries. (FT)