• World Biz  |  OCTOBER 1, 2014 10:09 PM

    Coca-Cola amends equity plan to minimize dilution

    Story by
    www.reuters.com

    Coca-Cola Co, under pressure from an activist investor, said it had adopted new guidelines under its 2014 equity plan that will extend the number of years shares will last under the plan by using fewer shares each year. The company …

     
  • World Biz  |  OCTOBER 1, 2014 9:57 PM

    IMF urges more oversight of shadow banking system

    Story by
    www.bloomberg.com

    The International Monetary Fund urged regulators to pay closer attention to a shadow banking system that has grown to as much as US$60 trillion (RM196.7 trillion) worldwide to help prevent risks from building outside the bounds of traditional financial oversight. …

     
  • World Biz  |  OCTOBER 1, 2014 9:37 PM

    Ford to add 1,000 jobs at Oakville plant in Canada

    Story by
    www.reuters.com

    Ford Motor Co will add 1,000 jobs in Canada at its Oakville Assembly, which will produce the 2015 Ford Edge crossover utility vehicle, the company said on Wednesday. With the new hires, more than 4,000 people will work at Oakville …

     
  • World Biz  |  OCTOBER 1, 2014 6:31 PM

    Samsung to invest RM1.8 bil in Vietnam TV production plant

    Story by
    www.reuters.com

    South Korea’s Samsung Electronics Co Ltd said on Wednesday that it will invest US$560 million (RM1.8 billion) to build a consumer appliances production complex in Vietnam, its latest move to build manufacturing capacity in the country. Samsung, the world’s largest …

     
  • World Biz  |  OCTOBER 1, 2014 6:18 PM

    European acquirers announce RM285 bil US deal

    Story by
    www.bloomberg.com

    European companies are snapping up US targets at the fastest pace since 2008 as they use cheap financing and record cash levels to seek growth outside of the continent. From German drugmaker Merck KGaA to British American Tobacco Plc, European …

     
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