• World Biz  |  OCTOBER 22, 2014 8:35 PM

    Italy celebrates truffle boom amid economic gloom

    Story by
    www.bloomberg.com

    Even in the midst of the longest economic slump since World War II, Italian gourmands have something to celebrate: truffles, plenty of them. Prices for the country’s white truffles, a delicacy from New York to Moscow, have dropped about 37% …

     
  • World Biz  |  OCTOBER 22, 2014 8:24 PM

    Boeing quarterly profit jumps 18%; ups 2014 earnings view

    Story by
    www.reuters.com

    Boeing Co reported an 18% increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand. The company earned US$1.36 billion (RM4.4 billion), or US$1.86 per share, for the third quarter …

     
  • Featured and Exclusive & World Biz  |  OCTOBER 22, 2014 4:06 PM

    Hyundai Motor slumps on quarterly profit outlook

    Story by
    www.bloomberg.com

    Hyundai Motor Co, South Korea’s largest automaker, slumped to the lowest in more than three years on concerns that its third-quarter profit may miss analyst estimates and the company may increase spending. Hyundai fell 3.3% to 161,500 won (RM498.69) at …

     
  • World Biz  |  OCTOBER 22, 2014 3:53 PM

    Peugeot sees positive cash flow in 2014

    Story by
    www.project-syndicate.org

    PSA Peugeot Citroen, Europe’s second-largest carmaker, said it may reach a cash-flow target two years early after a delivery surge in China contributed to an unexpected increase in third-quarter revenue. Peugeot is likely to report positive operational cash flow as …

     
  • World Biz  |  OCTOBER 22, 2014 3:44 PM

    Heineken revenue misses analyst estimates

    Story by
    www.bloomberg.com

    Heineken NV, the Dutch brewer that spurned an overture from SABMiller Plc last month, reported third-quarter sales growth that missed estimates, extending the run of European companies hurt by sustained softness across the continent and in Russia. Revenue increased 0.2% …

     
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