Saturday, November 30, 2013
Malaysian plantation conglomerate Sime Darby said Friday its net profit slumped by half in July-September because of “challenging market conditions” for most of its businesses.
Friday, November 29, 2013
Six-year-old Carlos Gomez has been in a wheelchair with a cast from his waist down since a drunken driver in a pickup truck slammed into his family's sedan. The accident left both his parents dead and his 3-year-old sister with a shattered thigh bone.
British travel firm Thomas Cook on Thursday announced a large reduction in annual losses as a result of deep cost-cutting.
Brazilian mining giant Vale said late Wednesday it had accepted a tax amnesty offer from the government that will see it pay the state the equivalent of 7.1 billion euros.
Barclays Capital Inc has been ordered to pay US$2.1 million to a New York-based trader it fired last year in connection with the alleged rigging of the London interbank offered rate, or Libor, according to arbitration documents.
Thursday, November 28, 2013
Far Eastern Air Transport (FAT) yesterday said that the airline has hired an attorney to file a lawsuit against a Civil Aeronautics Administration (CAA) retiree, surnamed Sun, who allegedly claimed to represent the airline in order to raise funds.
Shares of Chlitina Holding Ltd., a China-based skin care product supplier, soared Wednesday on the first trading day of its primary listing on the Taiwan Stock Exchange, dealers said.
Taiwan's Asustek Computer Inc. said Wednesday that it expects its notebook computer unit sales to grow 20 percent year-on-year at the IT Month trade fair scheduled to kick off Nov. 30.
Motorola will start selling a cheap smartphone in the U.S. more than a month ahead of schedule.
Hewlett-Packard posted net income of US$1.4 billion for its fiscal fourth-quarter, as cost cuts stemming from its ongoing restructuring more than offset the effects of sluggish computer demand.