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S&P revises Takaful outlook to negative
The outlook revision follows TRL’s material reduction in premium and anticipated poor results in 2014.
Dune London to unveil SS15 collection
The success of the brand has been felt globally: the opening of Dune London’s first flagship store on London’s iconic Oxford Street achieved record sales, prompting a second store to open by year end.
Emami buys controlling stake in Australia’s Fravin
Fravin Pty Ltd, based in Australia has major strengths in R&D and manufacturing of natural and organic personal care products. This international acquisition marks Emami’s entry into the fast growing natural and organic personal care segment and is in line with the company’s strategy to be present in sectors with high growth potential.
Amazon surprises with profit in Q4 despite fierce spending
Amazon posted earnings of $214 million for the fourth quarter as sales jumped 15 per cent to $29.3 billion, swinging to profit after two consecutive losing quarters.
Deutsche Bank surprises with profit as legal costs deferred
Lender cut litigation costs by €1 billion in fourth quarter
Samsung’s annual profit falls first time in 3 years
Under growing pressure to boost shareholder returns, the company still managed to announce an increased dividend of 19,500 won a share, up from 13,800 won a year earlier.
Facebook’s status update: Profit, revenue beat forecasts
The world’s biggest online social network said on Wednesday that advertising revenue jumped 53 per cent to $3.59 billion for the fourth quarter.
Total renews oil concession with Adco
Total got 10 per cent stake in a new 40-year onshore concession against 9.5 per cent it had previously owned in concession that expired in January last year.
Record quarter for Apple
$74.6 billion revenue, $18 billion net profit and 74.5 million iPhones sold in first quarter of fiscal 2015
Yahoo announces tax-free spinoff of Alibaba stake
The Alibaba spinoff will add to the $9.7 billion already returned to shareholders from Alibaba and bring the total amount to nearly $50 billion.
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