logo

Breaking News

Share SHARE

Foreign & Col Invest Trust Plc. (FRCL.L) reported that its net return attributable to shareholders for the year ended 31 December 2014 dropped to 230.35 million pounds from 425.76 million pounds in the prior year. Net return per basic share declined to 40.69 pence from 74.37 pence in the previous year. Net...

Swedish telecom and media company Millicom International Cellular S.A. (MICC, MIICF.PK) announced Tuesday that its Board has decided unanimously to appoint Mauricio Ramos as its new Chief Executive Officer with effect from April 1. Millicom's CFO, Tim Pennington, has been acting as Interim CEO over...

Glencore plc (GLCNF.PK, GLNCY.PK, GLEN.L) reported profit before income taxes of $4.25 billion for the year ended 31 December 2014, compared to a loss of $7.69 billion, a year ago. Profit to equity holders was $2.31 billion, compared to a loss of $8.05 billion. Profit per share was $0.18, compared to...

Lender Barclays Plc. (BARC.L, BCS) said full-year profit before tax fell to 2.256 billion pounds from 2.868 billion pounds reported last year. Adjusted profit before tax increased 12 percent to 5.502 billion pounds. Attributable loss was 174 million pounds or 0.7 pence per share, compared to profit...

British American Tobacco Plc. (BATS.L, BTI) has filed with the Brazilian securities regulator, the Comissão de Valores Mobiliários or CVM, a request to register a public tender offer to acquire up to all of the 24.7 percent of Souza Cruz shares which are not currently owned by the company and to delist...

TomTom NV (TMOAF.PK), engaged in smart map making, said it would deliver Maps and Navigation software to Fiat/Chrysler in Latin America. The Uconnect Touch Nav 5" was launched in Brazil in February with the new Bravo model under the Fiat Brand. The rollout to other Latin American countries will continue...

German engineering company Manz Automation Ag (MANZF.PK) Tuesday said it has been awarded orders with a total volume of around 35 million euros in the Display business segment. The received orders include advanced equipment for the production of displays and other components for smartphones, tablet computers...

Gemalto NV (GTOMY.PK) announced at the Mobile World Congress that its M2M solution is enabling high-speed connectivity for the commercial launch of the first 4G Intrinsically Safe industrial PDA. According to the company, in the Airo I-Safe 28, Airo Wireless implements intrinsic safety standards,...

Merck Group reported that its 2014 net income decreased to 1.16 billion euros from 1.20 billion euros, previous year. The Group said its profit declined 3.7% as the previous year benefited from the one-time effect of a very low tax ratio of 13%. Earnings per share was 2.66 euros, compared to 2.77 euros....

Residential property company Gagfah SA (GGFHF.PK), which has agreed to combine with Deutsche Annington Immobilien SE, Tuesday said full-year the recurring FFO was 189.9 million euros. Recurring FFO per share was 0.88, up 47 percent. The net operating income grew 4.9 percent to 390.7 million euros....

Printing machines maker Heidelberger Druckmaschinen AG (HBGRF.PK) Tuesday announced that it has signed an agreement with investment company CoBe Capital to acquire Netherlands-based Printing Systems Group or PSG. Both parties have agreed that the purchase price will remain confidential. Through this...

ZTE Corp. (ZTCOF.PK, ZTCOY.PK), a provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, said its sales volume of LTE 4G core network products achieved explosive growth in the European high-end market, with a year-on-year increase of nearly 200 percent. By...

Rio Tinto Plc. (RTPPF.PK, RIO.L, RIO, RTNTF.PK) said it would begin mining big data at its world-first Analytics Excellence Centre in Pune, India to enhance equipment productivity across its global operations. The Centre will assess massive volumes of data captured by the array of sensors attached...

The average price paid for a hotel room around the world rose by 3 percent in 2014, according to the latest Hotels.com Hotel Price Index or HPI. The overall global economic recovery gathered momentum and consumers became more confident in increasing their travel spending, it said. Hotel prices have...

Responding to a report appeared in the Japanese newspaper The Nikkei, Japanese electronics maker Sharp Corp. (SHCAY.PK) said it is currently considering various possibilities based on drastic reform, but there are no fact of specific decisions as of now. The new medium-term management plan is currently...

Follow RTT