CHICAGO: United Airlines said on Monday it expects to have its entire fleet of Boeing (BA.N) 787BA.N) 787 Dreamliners back in service this week, as the airline's first flight with the new jetliner in four months landed safely in Chicago.
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Apple, US Congress Spar Over Taxes
- 21 May 2013
WASHINGTON: Using an unusual global tax structure, Apple Inc (AAPL.O) has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate report on the company's offshore tax structure said on Monday.
Add a commentPos Malaysia Q4 Net Profit Up 21%
- 21 May 2013
PETALING JAYA: Pos Malaysia Bhd's net profit rose 21% to RM32.49 million for the fourth quarter ended March 31, 2013 (Q4) from RM26.84 million a year ago, on higher operating profits from its mail and courier business units.
Add a commentBattersea Power Station Phase 95% Sold
- 21 May 2013
PETALING JAYA: Battersea Power Station Development Co Ltd has sold 824 units with a combined value of £681 million or 95% of 866 apartments and townhouses within Phase 1 of the Battersea Power Station project in London, five months after sales commenced.
Add a commentTNB NE To Issue Sukuk Worth RM1.63 Billion
- 21 May 2013
KUALA LUMPUR: TNB Northern Energy Bhd (TNB NE), a wholly owned subsidiary of Tenaga Nasional (TNB) Bhd, will issue a RM1.63 billion nominal value Ijarah and Wakalah syariah-based sukuk.
Add a commentAmInvest Bags 2 EPF Fixed Income Awards
- 20 May 2013
KUALA LUMPUR: AmInvest, a funds management business of AMMB Holdings Bhd, clinched two awards under the Domestic Fixed Income category at the recent Employees Provident Fund (EPF) External Portfolio Managers Award Ceremony 2012.
Add a commentSapura Kencana Shares Surge Following Ratings Upgrade
- 20 May 2013
KUALA LUMPUR: Sapura Kencana Petroleum shares surged as the oil and gas counter was the “darling” among investors following ratings upgrade by research houses after the acquisition of Seadrill Limited’s oil rig business early this month.
Add a commentYahoo's Board Approves USD1 Billion Tumblr Acquisition
- 20 May 2013
SAN FRANCISCO: Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.
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