Global Company BRIC News

DateCompanyNewsSource
22.02. 21:31
Kingfisher outlook dims further on loan denial
NEW DELHI/MUMBAI (Reuters) - State Bank of India, the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines, a bank official said, denying reports that the state-owned creditor was close to offering a lifeline.
Reuters
22.02. 18:14
Apple moves to defend rights on iconic iPad
The latest round in the legal wrangle over rights to the iPad name in China is scheduled for Feb 29 in Guangdong provincial high court as Apple Inc appeals a lower court ruling that favored cash-strapped Proview Technology.
China Daily
22.02. 18:03
China Telecom to offer iPhone 4S
China Telecom Corp Ltd will sell Apple Inc's iPhone 4S from March 9. That means the company will become the second Chinese operator to offer the Apple handsets on contract.
China Daily
22.02. 18:00
Possibility of slowdown is a worry for CFOs
Chief financial officers in Asia consider the possibility of an economic slowdown in China to be the third most concerning issue in the world, according to a recent report by Bank of America Merrill Lynch.
China Daily
22.02. 15:31
Notable Analyst Rating Changes 02/21: (DANG) (FRO) (BRCM) Upgraded; (UA)...
UPGRADES Credit Suisse upgrades E-Commerce China Dangdang (NYSE: DANG) from Neutral to Outperform. FBR Capital lifts Frontline Ltd. (NYSE: FRO) from Market Perform to Outperform, its price target raised from $4.20 to $5.50. Auriga raises Broadcom (Nasdaq: BRCM) from Hold to Buy, its price…
StreetInsider
22.02. 15:02
Reliance Brands, Iconix form JV
The joint venture will offer Iconix brands such as London Fog, Ed Hardy, Mossimo and Ocean Pacific in India
Livemint
22.02. 12:34
Your iPad (Still) Comes From The Hands Of Teenagers Living A Factory Life (AAPL)
It was true in January and a month later it's still true: your iPad was built in part by teenagers working 12-hour days for under $2 an hour. So was your iPhone, and in all likelihood, your Xbox, your Windows phone and other devices from likes of Dell, Motorola, and Hewlett-Packard. On…
BusinessInsider
22.02. 12:28
Apple faces Shanghai Noon in iPad showdown
Feb. 22 - Apple's in a Shanghai court hearing to decide if it can sell iPads in the city. But that's just the start of the company's trademark legal woes in China.
Reuters
22.02. 12:26
Morning Business Memo
Hours before ABC News’ “Nightline” airs its global exclusive on working conditions at Foxconn tonight, Apple has reportedly told prominent environmental activists in the United States and China that it will soon allow independent reviews of at least two suppliers’ factories in China. USA…
Abc News Money
22.02. 12:22
Metro to invest Rs 560 cr to open eight new stores
Metro Cash and Carry India, the local unit, will focus on opening wholesale stores in tier I and tier II cities this year, with their next store set to open in Jaipur in April
Livemint
22.02. 12:20
Dell India 2011 revenue slows, exceeds global growth rate
In the Asia-Pacific and Japan region (which includes India and China), Dell’s revenue for the fiscal year was $12.7 billion, a 13% increase over last year
Livemint
22.02. 11:20
Swire Pacific Offshore orders eight PSVs, acquires Seabed
Swire Pacific Offshore Operations (SPO) has entered into newbuilding orders for platform supply vessels (PSVs) and an acquisition deal, Seatrade Asia online reports. The Singapore-headquartered SPO, wholly-owned by Swire Pacific Limited, ordered four PSVs to be built by Japan's Universal…
PortNews
22.02. 11:17
Google Launches Street View in Russia
Google unveiled on Wednesday a Russian version of the popular Street View service that features panoramic views of Moscow and St.Petersburg streets, Google’s product manager, Boris Khvostichenko, said.
RIA Novosti
22.02. 11:02
Medien: Bank of China International könnte Mitglied an LME werden
Peking/London (BoerseGo.de) – Die Bank of China International (BOCI), ein Tochterunternehmen der Bank of China, könnte der Nachrichtenagentur Reuters zufolge bald das erste chinesische Unternehmen an..
Börsego
22.02. 10:20
Image of the Day: February 21
E-mailPrintRecommendShare CloseTumblrDiggLinkedinRedditPermalink Previous Post Kingfisher Cuts Flights as Financial Problems Multiply Next Post Taking Inspiration From Anant Pai Search This Blog Search Previous Post Kingfisher Cuts Flights as Financial Problems Multiply Next Post Taking…
WN. Asia
22.02. 10:01
Hong Kong stocks sink at open, but Alibaba soars
LOS ANGELES (MarketWatch) -- Hong Kong stocks moved lower in early Wednesday trade, as concerns over rising oil prices' effect on the global economy appeared to weigh on exporters. The Hang Seng Index fell 0.5% to 21,366.73, with the Hang Seng China Enterprises Index down 0.4%, and the…
Marketwatch
22.02. 08:43
Tech Stocks: Apple lifts techs, but semicaps slide
Apple shares rise as China Telecom Corp. announces that it will take online reservations for the iPhone 4S. But the sector is weighed down by slumping semiconductor capital-equipment shares hit by a J.P. Morgan downgrade.
MarketWatch
22.02. 08:34
China PMI lifts Nikkei to highest level in six months
* Nikkei rises 1 pct to end above 9,500 * Automakers extend gains, Komatsu reverses early losses * Mazda to raise $2 bln via share issue By Dominic Lau and Mari Saito TOKYO, Feb 22 (Reuters) - Japan's Nikkei share average rose 1 percent on Wednesday to its highest in six…
Reuters
22.02. 08:11
Iconix Brand forms JV with Reliance Brands
Iconix Brand Group and Reliance Brands, a part of the Reliance Industries Group, today announced the formation of a joint venture company in India. The partnership marks the next step in a global expansion strategy for Iconix, which currently has other…
Myiris
22.02. 08:04
State Bank of India to bail out Kingfisher: Report
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WN Business
22.02. 08:01
Chinese open door to settling dispute with Apple over iPad
SHANGHAI -- The lawyer for a Chinese company suing Apple Inc. in China over its use of the iPad trademark indicated on Tuesday that his client would be willing to discuss a settlement. Xie Xianghui, lawyer for Shenzhen Proview Technology, said that as no final decisions have been…
WN Business
22.02. 05:12
Beijing tipped to further ease monetary policy
The mainland will further ease its monetary policy and loosen the funding tap for small and medium-sized enterprises (SMEs), according to a top Hong Kong banker. Standard Chartered Bank executive director and chief executive Benjamin Hung Pi-cheng said yesterday that the People's Bank of…
South China Morning
22.02. 05:10
B.O.C. tipped to open Shanghai headquarters
The Bank of China, one of the country's Big Four state lenders, plans to set up a second headquarters in Shanghai next month, a move seen as bolstering the city's ambitions to become a global financial centre in coming years.
South China Morning
22.02. 05:09
Mainland firms take a bright view of future
Mainland companies are the most confident in Asia when considering the shape of their country's economy, according to a survey by Bank of America Merrill Lynch. More than half of the Asian chief financial officers interviewed said they expected revenues to grow this year, despite the…
South China Morning
22.02. 02:56
East China province opens first rural joint venture bank
HANGZHOU, Feb. 20 (Xinhua) -- China's first rural joint venture bank has opened its doors in the port city of Ningbo in east China's Zhejiang province, local authorities said Monday.The BOC Fullerton bank was jointly established by the Bank of China and Fullerton Financial Holdings, a…
Chinese Stock
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