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Mondelez Australia increases profit by 43% after slashing expenses and booking $30m tax credit
CANBERRA: Mondelez Australia, which is shrinking Cadbury chocolate bars to cut costs, increased profit by 43 per cent last year...
IBM Australia reports 37.5% drop in net profit after tax to AU$145.9 million
CANBERRA: IBM Australia has reported a 37.5 percent drop in net profit after tax to AU$145.9 million for the year...
NZ Timber Industry expresses disappointment at decision to hold OCR at 3.5%
WELLINGTON: Members of the New Zealand Timber Industry Federation have expressed disappointment at the Reserve Bank’s decision to hold the Official...
Australian stocks slip 0.8pc at end of day; S&P 200 drops 48.6pts
SYDNEY: Australian shares slipped 0.8 per cent on Thursday as a fall in iron ore prices weighed on the resources...
2016 Toyota Hilux gets much more modern look
TOKYO: 2016 Toyota Hilux, a rugged Tacoma-sized pickup truck sold in well over 100 countries worldwide. Entirely new from A...
Jordan’s Housing bank net profit hits 31.4m in Q1 of 2015
AMMAN: Jordan's Housing Bank for Trade and Finance reported first-quarter net profit of 31.4 million Jordanian dinars ($44.3m), barely changed...
Microsoft aims to have Windows 10 on 1b devices by 2018
LONDON: Microsoft Windows chief Terry Myerson said at Build Developer Conference that Microsoft was aiming to have Windows 10 on...
Ford recalls 518,313 Ford Fusion, Lincoln MKZ sedans in North America
NEW YORK: Ford said it is recalling 518,313 Ford Fusion and Lincoln MKZ sedans from model years 2013-2015 and Ford...
Taiwan SPIL reports record profit in Q1
TAIPEI: Siliconware Precision Industrial Co (SPIL), the world’s No. 2 chip packager, posted the best first-quarter net profit in the...
Micromax’s Yu Yureka offers impressive specifications
NEW DELHI: Micromax's Yu Yureka will go on sale on Thursday in its 16th flash sale that kicks off at...
Mitsubishi ASX next-generation plans for Evo version
TOKYO: There are plans afoot for an Evo version of the next-generation Mitsubishi ASX previewed by Geneva’s XR-PHEV II concept...
QInvest net profit hikes 57% to $7.48m in Q1
DOHA: QInvest, Qatar’s leading investment bank and a prominent Islamic financial institution, yesterday announced 57 percent rise in net profit...
China stocks weaker at end, Shanghai Composite down 0.76%
BEIJING: China stocks were lower after the close on Thursday, as losses in the Telecoms, Mobile and Oil Equipment Services...
Lords of the Fallen to publish four games exclusively on Xbox One
TOKYO: Lords of the Fallen will publish four games exclusively on Xbox One Deck13 has announced with a surprise move...
Qatar foreign trade surplus reduce by 53.7% due to lower gas exports
DOHA: Qatar’s foreign merchandise trade surplus (the difference between total exports and imports) has declined 53.7 percent in March 2015...
Daimler’s net profit surges by 89% to €2.05-b from January to March
BERLIN: Daimler said it got off to a good start in 2015, with sales and profits rising strongly in the...
Hong Kong stocks slips 0.94pc at end of trade, Hang Seng falls 267.34pts
HONG KONG: Hong Kong stocks lost 0.94 per cent on Thursday after US data showed the world's number one economy...
Sony invites 50 Digital Life readers to experience Sony’s upcoming Bravia 4K LCD Android TVs at private event on May 14
TOKYO: Sony invites 50 Digital Life readers to experience the brilliance of Sony's upcoming Bravia 4K LCD Android TVs at...
Sri Lanka budget deficit affects 6% of GDP
COLOMBO: Sri Lanka missed its budget deficit target for the first time in the post-conflict period, as the country reported...
Halo 5: Guardians to launch later this year
TOKYO: Halo 5 will launch later this year. Microsoft and developer 343 Industries have been teasing the game for a...
