New entry from Citi and Hilton in hotel credit cards market
There are quite a few hotel credit cards already available, but their number has just grown by one.
New travel credit cards add to the mix
It may feel as if Christmas was only a couple of days ago, but summer is already here.
Golden Agri-Resources: 2Q Net Profit Falls 39.9% on Weaker CPO Price
Golden Agri-Resources Ltd. (E5H.SG) Friday reported second-quarter net profit fell 39.9% from a year earlier owing to weaker crude palm oil prices and lower volumes on the back of delayed shipments.
Philippines' ICTSI Investing $225 Million in Nigeria Port Project
Philippine-based port operator International Container Terminal Services Inc. (ICT.PH), or ICTSI, said Friday it plans to invest $225 million to provide cargo handling equipment and information technology infrastructure at Lekki container terminal in Tolaram Port that's being developed in Lagos,
Finnish PM Calls for US-Style Bank Fund
Europe could borrow from the financial crisis management toolbox of the U.S. and establish a European-wide banking crisis fund as well as a deposit protection fund as part of a proposed banking union, Finnish Prime Minister Jyrki Katainen said Friday.
Refinery Runs To Increase In Q3 From Previous Year -IEA
Even accounting for faltering oil demand from China, global refinery runs in the period from July to September will be even greater this year than last, the International Energy Agency said in its monthly oil market report Friday.
Sun Pharmaceutical 1Q Net Profit Rises 59% to INR7.96 Billion
Sun Pharmaceutical Industries Ltd. (524715.BY), India's biggest drug maker by market value, Friday reported a 59% jump in its first-quarter consolidated net profit, well ahead of estimates.
Hannover Re Profit Hit by Higher Taxes
Germany's Hannover Re AG (HNR1.XE) Friday reported a 13% decline in net profit for the second quarter, as a substantially higher tax rate and a lower contribution from investments more than offset lower disaster claims and higher premium volume.
Ayala Seeks Wider Reach; Reports 23% Profit Hike to PHP6.1 Billion
Ayala Corp. (AC.PH) is seeking a "pervasive presence" in the Philippines, it said Friday while reporting a 23% first-half net profit that is a result of success at its property, water utility and banking units.