28 July 2014

US companies increasingly fish for growth overseas

In this June 26, 2012 file photo, Chairman and CEO of The Coca-Cola Co., Muhtar Kent, right, and President and CEO of Coca Cola India and South West Asia Atul Singh pose for photos holding bottles of Coca-Cola before the start of a meeting in New Delhi, India. An increasing thirst for Coca-Cola products in China, India and the Middle East helped boost the company's international sales by 3 percent in the second quarter while volume remained flat in North America.
In this June 26, 2012 file photo, Chairman and CEO of The Coca-Cola Co., Muhtar Kent, right, and President and CEO of Coca Cola India and South West Asia Atul Singh pose for photos holding bottles of Coca-Cola before the start of a meeting in New Delhi, India. An increasing thirst for Coca-Cola products in China, India and the Middle East helped boost the company's international sales by 3 percent in the second quarter while volume remained flat in North America. 

The Sept. 20, 2013 file photo shows a customer configuring the fingerprint scanner technology built into iPhone 5S at an Apple store in Wangfujing shopping district in Beijing. Soaring sales of iPhones in China, Russia, India and Brazil during the April-June 2014 period helped Apple overcome softening demand for the device in the U.S. and Europe, where consumers seem to be more interested in waiting for the autumn release of a new iPhone that's expected to feature a larger screen.
The Sept. 20, 2013 file photo shows a customer configuring the fingerprint scanner technology built into iPhone 5S at an Apple store in Wangfujing shopping district in Beijing. Soaring sales of iPhones in China, Russia, India and Brazil during the April-June 2014 period helped Apple overcome softening demand for the device in the U.S. and Europe, where consumers seem to be more interested in waiting for the autumn release of a new iPhone that's expected to feature a larger screen.  
In this June 26, 2012 file photo, a man walks past a truck that distributes Coca Cola in Mumbai, India. An increasing thirst for Coca-Cola products in China, India and the Middle East helped boost the company's international sales by 3 percent in the second quarter while volume remained flat in North America.
In this June 26, 2012 file photo, a man walks past a truck that distributes Coca Cola in Mumbai, India. An increasing thirst for Coca-Cola products in China, India and the Middle East helped boost the company's international sales by 3 percent in the second quarter while volume remained flat in North America.  
In this Jan. 17, 2014 file photo, Apple's CEO Tim Cook, left, gestures as China Mobile Chairman Xi Guohua smiles during a promotional event that marks the opening day of sales of China Mobile's 4G iPhone 5s and iPhone 5c in Beijing, China. Soaring sales of iPhones in China, Russia, India and Brazil during the April-June 2014 period helped Apple overcome softening demand for the device in the U.S. and Europe, where consumers seem to be more interested in waiting for the autumn release of a new iPhone that's expected to feature a larger screen.
In this Jan. 17, 2014 file photo, Apple's CEO Tim Cook, left, gestures as China Mobile Chairman Xi Guohua smiles during a promotional event that marks the opening day of sales of China Mobile's 4G iPhone 5s and iPhone 5c in Beijing, China. Soaring sales of iPhones in China, Russia, India and Brazil during the April-June 2014 period helped Apple overcome softening demand for the device in the U.S. and Europe, where consumers seem to be more interested in waiting for the autumn release of a new iPhone that's expected to feature a larger screen.