• World Biz  |  JULY 23, 2014 9:50 PM

    TransAsia Airways plane crashes on landing in Taiwan

    Story by
    www.reuters.com

    A TransAsia Airways plane crashed on landing on an island off tyhoon-hit Taiwan on Wednesday, killing 47 people, China’s Xinhua news agency said. Taiwan media said a domestic flight had crashed, killing or injuring more than 47 people. “It’s chaotic …

     
  • World Biz  |  JULY 23, 2014 9:33 PM

    Tesco pulls finance director photo from its website

    Story by
    www.reuters.com

    Tesco, Britain’s biggest retailer, has removed a photo on its corporate website of Alan Stewart, its newly appointed chief financial officer (CFO), after rival Marks & Spencer (M&S) complained he was technically still its employee. After M&S was alerted to …

     
  • World Biz  |  JULY 23, 2014 9:12 PM

    Delta Air’s quarterly profit tops estimates

    Story by
    www.bloomberg.com

    Delta Air Lines Inc. posted second- quarter profit that beat analysts’ estimates as the US carrier benefited from strong domestic demand. Earnings excluding some items were US$1.04 a share, the Atlanta-based company said in a statement today. The average of …

     
  • World Biz  |  JULY 23, 2014 8:59 PM

    Glaxo profit falls on sluggish US respiratory drug sales

    Story by
    www.bloomberg.com

    GlaxoSmithKline Plc, the UK’s biggest drugmaker, said second-quarter earnings missed analyst estimates as sales of its respiratory drugs in the US remain sluggish. The company cut its forecast for the year. Profit excluding certain items fell to 1.41 billion pounds …

     
  • World Biz  |  JULY 23, 2014 8:44 PM

    PepsiCo tops quarterly profit estimates after cutting costs

    Story by
    www.bloomberg.com

    PepsiCo Inc. reported better-than- projected profit and raised its annual forecast after reducing costs, giving the company more leverage in a looming fight with activist investor Nelson Peltz. Excluding some items, profit totaled US$1.32 (RM4.19)a share, the Purchase, New York-based …

     
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