PRESS DIGEST- British Business - Sept. 29
Sept 29 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
June 27 Nike Inc on Thursday posted a higher quarterly profit, helped by big sales gains in North America, and the maker of sports clothes and shoes said global orders for delivery later this year were up.
Orders for Nike-branded shoes and clothing scheduled for delivery between June and November 2013, a gauge of demand known as futures orders, rose 8 percent. In China, futures orders rose 3 percent.
For the fourth quarter ended May 31, the company earned $668 million, or 76 cents a share, compared with $549 million, or 60 cents a share last year.
Total revenue rose 7.4 percent to $6.7 billion.
* MSCI Asia-Pacific index up 0.6 pct, Nikkei advances 0.9 pct
Sept 29 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.