Tag Archives: April

Petrol pump operators threaten strike on 23rd April 2012 Petrol Strike

Petrol pump operators today threatened to go on a one-day strike on April 23 demanding a hike in commission they get on fuel sales. “It has been decided that all petrol pumps of public sector oil marketing companies in the country shall observe one day protest closure in the first instance from midnight of April [...]

UPDATE 1-Kemira Q2 profit tops consensus, 2010 EBIT to rise

HELSINKI, July 29 (Reuters) – Finnish chemicals firm Kemira (KRA1V.HE) reported higher second-quarter profit due to stronger demand across all its units, and predicted full-year earnings would rise year on year. “Customer demand is getting stronger. Operating profit from continuing operations, excluding non-recurring items, is expected to grow notably from last year,” the firm said [...]

Daiwa: hit by Australian dollar derivatives loss

July 27 (Reuters) – Daiwa Securities Group (8601.T) suffered a loss of slightly less than 10 billion yen ($115 million) on Australian dollar derivatives, Chief Financial Officer Nobuyuki Iwamoto said on Tuesday. The loss helped push Daiwa to a 1.19 billion yen ($13.7 million) net loss in the April-June quarter. (Reporting by Junko Fujita)

Thai govt lifts emergency in more provinces

July 20 (Reuters) – Thailand’s government said on Tuesday it was lifting a state of emergency in three provinces but it would remain in force in others including Bangkok, after being imposed in April to help authorities cope with political unrest. The government had lifted the emergency in five provinces on July 6 when the [...]

Taiwan’s HTC Q2 profit up about 33 pct y/y

July 6 (Reuters) – Taiwan smartphone maker HTC Corp (2498.TW) reported an around 33 percent rise in second-quarter profit, it said on Tuesday. HTC’s unaudited net profit in April-June was T$8.64 billion ($268 million), the company said in a statement, without giving further details. In the same period a year earlier, it had reported an [...]

Nikkei pares losses to close off seven-month low

(Reuters) – Japan’s Nikkei share average edged up on Tuesday, paring losses to climb back above support at a key retracement level after falling to a seven-month low. The benchmark Nikkei started trade below 9,200, key support around the level of a 50 percent retracement from its March 2009 low to its April high on [...]

Nikkei back above key retracement, off 7-month low

July 6 (Reuters) – Japan’s Nikkei share average edged up on Tuesday, paring losses to climb back above support at a key retracement level after falling to a seven-month low. The benchmark Nikkei .N225 started trade below 9,200, key support around the level of a 50 percent retracement from its March 2009 low to its [...]

Nikkei hits 7-mth closing low, breaks key support

July 1 (Reuters) – Japan’s Nikkei average fell 2 percent on Thursday, breaking a key support to hit a seven-month closing low, with market players citing a rise in risk avoidance underscored by falls on Wall Street, a higher yen and slower China manufacturing growth. Market players said the Nikkei’s next target is just above [...]

Chile bank system profit up 53.3 pct in Jan-May

June 30 (Reuters) – Chile’s banking sector profit for the January-May period rose 53.3 percent from a year earlier on greater loans and interest margins, the Banking and Financial Institutions Superintendency said on Wednesday. Financials Bank earnings totaled 690.117 billion pesos ($1.297 billion) in the first five months of 2010. However earnings fell 9.3 percent [...]

ICICI Bank sees 20 pct rise in FY11 home loan demand

June 25 (Reuters) – ICICI Bank (ICBK.BO) expects home loan demand at India’s second-largest lender to rise 20 percent in the financial year that began in April, chief executive of the bank’s housing finance unit said on Friday. Financials “There are fewer transactions in major centres like Mumbai, Delhi and Bangalore but growth is continuing [...]

BRIEF-Isiklar Holding plans IPO next year

June 22 (Reuters) – Riza Kutlu Isik, chief executive of Turkey’s Isiklar Holding — which has interests in construction, energy, foundry and shopping malls — tells Reuters on Tuesday: * Isiklar Holding plans to hold an initial public offering in April-May next year. (Reporting by Evrim Ballim)

Nigerian leader says too early to talk of 2011 run

June 20 (Reuters) – Nigerian President Goodluck Jonathan said on Sunday it was too early to say whether or not he will contest elections due by next April. “It’s too early to make a pronouncement,” Jonathan said in an interview broadcast by the Nigerian Television Authority. (Reporting by Felix Onuah; Writing by Randy Fabi; Editing [...]

UPDATE 1-Healthcare Locums says no longer in offer talks

(Reuters) – British medical-staffing firm Healthcare Locums Plc (HLO.L) said talks with a prospective buyer had ended and it was no longer in an offer period. In April, the AIM-listed company had said it received an approach that may or may not lead to an offer. [ID:nLDE6380JU] “The board of HCL (Healthcare Locums) announces that [...]

RPT-Port Hedland May total iron ore exports up 2.9 pct

June 15 (Reuters) – Iron ore shipments via Australia’s Port Hedland rose 2.9 percent to 15.02 million tonnes in May from 14.59 million tonnes in April, according to port authority figures released on Tuesday. Basic Materials China remained the largest destination with shipments of 9.98 million tonnes versus 10.9 million tonnes in April. BHP Billiton [...]

Port Hedland May total iron ore exports up 2.9 pct

June 15 (Reuters) – Iron ore shipments via Australia’s Port Hedland rose 2.9 percent to 15.02 million tonnes in May from 14.59 million tonnes in April, according to port authority figures released on Tuesday. Basic Materials China remained the largest destination with shipments of 9.98 million tonnes versus 10.9 million tonnes in April. BHP Billiton [...]

India May inflation to be in same range as April-finsec

June 14 (Reuters) – India’s May headline inflation should be in the same range as April, Finance Secretary Ashok Chawla told Reuters on Monday. The median forecast for May inflation in a Reuters poll is 9.56 percent, which compares with April’s reading of 9.59 percent. [ID:nSGE65A09I] The data is due at 0630 GMT. (Reporting by [...]

Exiled Kyrgyz leader Bakiyev denies role in riots

June 13 (Reuters) – Exiled former Kyrgyz president Kurmanbek Bakiyev denied on Sunday any involvement in a wave of ethnic violence in the south of Kyrgyzstan that has killed at least 82 people. Bakiyev said in a statement that reports of his involvement were “shameless lies” and that the interim government that replaced him after [...]

Vienna airport had 11.4 pct more passengers in May

June 10 (Reuters) – Flughafen Wien AG (VIEV.VI) said on Thursday it registered 11.4 percent more passengers in May, for a cumulative rise this year of 4.3 percent to 7.1 million passengers. Industrials The figure resumed its rise after a decline in April due to the volcanic ash cloud that caused airspace closures. (Reporting by [...]

UPDATE 1-Roche wins wider EU label for arthritis drug

June 8 (Reuters) – Roche (ROG.VX) said on Tuesday the European Commission had extended the label for its drug Roactemra to reduce the rate of progression of joint damage and improve physical function in patients with rheumatoid arthritis, when given in combination with the older drug methotrexate. The move had been expected following a positive [...]

UPDATE 1-Zain, Bharti to close African deal on Tuesday-sources

June 8 (Reuters) – Kuwait’s Zain (ZAIN.KW) and India’s Bharti Airtel (BRTI.BO) are expected to close a $9 billion deal for most of the Kuwaiti firm’s African assets on Tuesday, sources said. Zain will receive $7.9 billion from Bharti on Tuesday before both firms make an announcement about the final closing, sources close to the [...]