Global PC shipments down 9.6%
The Dollar Business Bureau For the sixth consecutive quarter, the PC shipments declined worldwide, and this time there was a decrease of 9.6 per cent at 64.8 million units in the first quarter of 2016, according to a report released by research firm Gartner. This is the first time since 2007 that shipment volume fell below 65 million units, it said. "The deterioration of local currencies against the US dollar continued to play a major role in PC shipment declines. Our early results also show there was an inventory build-up from holiday sales in the fourth quarter of 2015," said Mikako Kitagawa, principal analyst at Gartner. "All major regions showed year-on-year shipment declines, with Latin America showing the steepest drop, where PC shipments ...
Low oil prices provide marginal benefit to emerging market firms
The Dollar Business Bureau The cash flow impact upon corporates of lower oil prices in Asia is positive, neutral in Latin America and mixed for EMEA (Europe, Middle East & Africa), said a report. A Fitch Ratings report which took account of the cash flow impact upon corporates of lower oil prices in Brazil, China, India, Indonesia, Mexico, Russia, Turkey and South Africa, mentioned the above statement in its report entitled, 'Effect of Low Oil Prices on Emerging Market Corporates.' Fitch believes Brazilian and Mexican corporates can expect no positive impact in terms of credit quality despite low oil prices. 'In Brazil, prices are highly regulated and have risen in U.S. dollar terms due to the depreciation of the Brazilian ...
