nike set sales of footwear in north america, which is its largest market fell 5%. in china, another key market, which is slowly recovering, footwear sales were down 1%. now, on the bright side, if you take footwear sales together with nike sales of footwear in north america, which is its largest market fell 5%. nikkei executive said they are working to improve things, announcing $2 billion in cost cuts over the next three years. the sneaker giant plans to simplify its product line up. it wants to increase its use of technology and streamline the overall organisation. the plan is going to cost the company 400 million to 450 million to invest. adding that the company sees an outstanding opportunity to drive long term profitable growth. and after the retail giant more that demand would continue to be weak for at least the next six months, investors are hoping this turnaround will and nike s losing streak. to india now, and alcoholic exports are likely to cost when billion dollar
a security council resolution to let more aid in has been delayed since monday as member states try to work out a draft that the united states won t veto. the us says it wants to make sure israel still has control over goods moving into gaza, to ensure it doesn t fall into the wrong hands. 0ur united nations correspondent nada tawfik has the latest from new york. i heard from one diplomat that they have made more progress today than they have all week and that they are narrowing the gaps. what we have received is the latest draft resolution and it is different in key aspects from the last proposal. instead of calling for a suspension of hostility, the draft now calls for urgent steps to immediately allow safe and unhindered humanitarian access with creating conditions for a sustainable cessation of hostilities. the wording there, toned down from the original draft. the resolution on the table now also appoints a senior humanitarian and reconstruction co ordinator that will th
Made on a modest budget of Rs 20 crore, with no big stars or promotion, Manjummal Boys is the 1st Malayalam film to make over Rs 200 crore at the box office across the world.