• World Biz  |  AUGUST 1, 2014 9:22 PM

    India to raise RM4.8 bil from airwave auction

    Story by
    www.reuters.com

    India plans to hold an auction of airwaves for mobile phone network operators in February next year and aims to raise an initial US$1.5 billion (RM4.8 billion), according to a draft government plan seen by Reuters.

     
  • Corporate & World Biz  |  AUGUST 1, 2014 8:50 PM

    P&G 4Q profits soars by 37% to RM8.4 bil

    Story by
    www.reuters.com

    Procter & Gamble Co, the world's largest household products maker, reported a 37% rise in quarterly profit as its cost cutting efforts paid off and organic sales rose in its home care business.

     
  • World Biz  |  AUGUST 1, 2014 8:33 PM

    Hyundai recalls in US reach 1.3 mil in same week

    Story by
    www.reuters.com

    South Korea’s Hyundai Motor Co is recalling about 420,000 vehicles covering three models for separate problems in the United States, after recalling 883,000 Sonata sedans this week, according to US safety regulators. No injuries or accidents have been reported in …

     
  • World Biz  |  AUGUST 1, 2014 8:24 PM

    Adidas shares chalk up fresh falls

    Story by
    www.bloomberg.com

    Shares in German sports goods maker Adidas tumbled more than 5% Friday, one day after sharp falls linked to the group’s profit warning. Adidas shares fell more than 15% in Frankfurt trading on Thursday after the World Cup sponsor said …

     
  • World Biz  |  AUGUST 1, 2014 8:13 PM

    Citigroup cuts Russia assets as sanctions threaten franchise

    Story by
    www.bloomberg.com

    Citigroup Inc., the US bank with the most branches in Russia, again cut its exposure to the nation amid sanctions intended to end the unrest in Ukraine. Total exposure fell 5.3% to US$8.9 billion (RM28.5 billion) in the three months …

     
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