record profits

Business elite must pay their taxes: Pakistani daily

August 25th, 2012 - 1:07 pm ICT by IANS
Islamabad, Aug 25 (IANS) Pakistan's business elite "need to show some remorse" and pay their taxes, said a leading daily Saturday.An editorial in the Dawn said that for "all the ... Read more...

Posted in South Asia |

Chinese banks post record profits

February 19th, 2012 - 2:37 pm ICT by IANS
Beijing, Feb 19 (IANS) Chinese commercial banks have posted a record high net profit of 2.65 trillion yuan ($420.6 billion) in 2011, according to latest official data.Net profit in the ... Read more...

Posted in Uncategorized |

Despite record profits, Apple disappoints Wall Street

October 19th, 2011 - 11:43 am ICT by IANS
Washington, Oct 19 (IANS) Despite setting new sales and profit records over the last three months and blowing past the $100 billion mark Apple's revenue and earnings on the last ... Read more...

Posted in Uncategorized |

World’s fertilizer leader doubles profits on rising food prices

January 28th, 2011 - 12:09 pm ICT by IANS
By Gurmukh Singh Toronto, Jan 28 (IANS) Rising global food prices have spelt bonanza for the world's biggest fertilizer company, Potash Corporation, which Thursday reported more than a two-fold increase in its profits ... Read more...

Posted in Business |

Apple boss declares victory over BlackBerry

October 19th, 2010 - 10:33 pm ICT by IANS
By Gurmukh Singh Toronto, Oct 19 (IANS) With Apple posting record profits amid zooming sales of iPhones and iPads, CEO Steve Jobs declared victory over main rival and BlackBerry maker Research In Motion ... Read more...

Posted in Business |

US bank chiefs questioned by Congress over financial crisis

January 14th, 2010 - 9:24 am ICT by IANS
Washington, Jan 14 (DPA) Wall Street's top bankers Wednesday faced a confrontational congressional panel tasked with getting to the bottom of a financial crisis that plunged the world into a devastating ... Read more...

Posted in Business |

Federal Reserve Of USA Generates High Profits

January 13th, 2010 - 9:01 pm ICT by GD
By Ranjan Bhaduri Jan 13, (THAINDIAN NEWS) The US Federal Reserve Bank made record profits in 2009. On Tuesday in declared that it made a gross profit of $52.1 billion. From that amount, ... Read more...

Posted in Business |

London Eye attracts more tourists than Taj Mahal, Pyramids of Giza

October 10th, 2009 - 2:56 pm ICT by ANI
London, Oct 10 (ANI): The London Eye also known as the Millennium Wheel is said to attract more tourist than the Taj Mahal and Pyramids of Giza.Despite the city going through ... Read more...

Posted in World |

Arun Sarin rejoins private equity firm KKR

October 8th, 2009 - 6:48 pm ICT by IANS
London, Oct 8 (IANS) Former Vodafone chief executive Arun Sarin has rejoined Kohlberg Kravis Roberts (KKR) as a senior adviser, according to the New York-based private equity company he quit six years ... Read more...

Posted in Business |

Health care reform an obligation to Kennedy, lawmaker tells Indian Americans

August 30th, 2009 - 2:54 pm ICT by IANS
By Ashok Easwaran Chicago, Aug 30 (IANS) US Congresswoman Jan Schekowsky told an audience of Indian Americans, including physicians and other health care providers, that she felt a personal obligation to Senator ... Read more...

Posted in Health |

Record profits by Canadian banks amid recession

August 28th, 2009 - 4:32 pm ICT by IANS
Toronto, Aug 28 (IANS) There is no economic downturn for Canadian banks. Confirming the robustness of the country's banking system, two top banks posted biggest-ever profits Thursday.The Royal Bank of Canada (RBC), which ... Read more...

Posted in Business |

Lessons from bad old days may pull Japan out of recession

March 30th, 2009 - 10:16 am ICT by IANS
By Chie Matsumoto Tokyo, March 30 (DPA) The shock of the collapse of America's Lehman Brothers' investment bank last September sent waves across the world and helped to sink the lives of ... Read more...

Posted in World |

Rage is the order of the day in strike-hit France

March 18th, 2009 - 11:29 am ICT by IANS
By Siegfried Mortkowitz Paris, March 18 (DPA) The general strike and nationwide protests called in France Thursday come at the worst possible time for President Nicolas Sarkozy and his government. Recent factory closures ... Read more...

Posted in World |

Shell posts record profits

January 30th, 2009 - 3:14 am ICT by IANS
London, Jan 30 (DPA) Anglo-Dutch oil giant Royal Dutch Shell Thursday reported 2008 profits of $31.4 billion, despite a sharp fall in earnings in the last quarter due to tumbling oil and ... Read more...

Posted in World |

ANZ jobs axed in New Zealand, some heading to India

September 25th, 2008 - 10:19 am ICT by IANS
Sydney, Sep 25 (IANS) ANZ bank, which in July had announced that it will move 238 back office jobs from Wellington and Auckland to Bangalore, is axing jobs throughout its branches in ... Read more...

Posted in Business |

OPEC revenue could top $1 trillion by year’s end: US

August 13th, 2008 - 5:26 am ICT by IANS
DPA Washington, Aug 13 (DPA) Members of the Organisation of Petroleum Exporting Countries (OPEC) took in $642 billion in oil exports revenue during the first seven months of 2008 and may well eclipse ... Read more...

Posted in Business |

Gulf banks losing revenues due to bad customer service

August 5th, 2008 - 4:36 pm ICT by IANS
Dubai, Aug 5 (IANS) The banking sector in the Gulf is losing millions of dollars due to a lack of focus on customer service, according to a new study. Despite record profits ... Read more...

Posted in Business |

‘Pakistani banks fleecing depositors’

July 26th, 2008 - 3:13 pm ICT by IANS
Islamabad, July 26 (IANS) Pakistani banks are taking advantage of a weak regulatory framework to form cartels and rake in windfall profits, a new report says. "The most important issue is that ... Read more...

Posted in South Asia |

US reveals six-month-old probe into price manipulation

May 30th, 2008 - 5:33 am ICT by admin
DPA Washington, May 30 (DPA) With US petrol prices at all time highs, US regulators Thursday revealed a six-month-old investigation into possible price manipulation by oil companies that have incurred record profits over ... Read more...

Posted in World |

‘Arun Sarin will go out on a high’

May 27th, 2008 - 8:07 pm ICT by admin
By Dipankar De Sarkar London, May 27 (IANS) British commentators gave Indian-born Arun Sarin their thumbs up as he announced his decision to step down as chief executive officer of Vodafone, saying he ... Read more...

Posted in Business |

Agro-based companies reaping hefty profits from ongoing food crisis

May 5th, 2008 - 4:35 pm ICT by admin
Lahore, May 5 (ANI): Even as food crisis is hitting nearly 100 million people across the world, giant agri-businesses are enjoying record profits.According to The Independent, Monsanto, an agri-company, last month ... Read more...

Posted in National |

Leading oil giants see profits rise on back of oil price

April 29th, 2008 - 5:16 pm ICT by admin
DPA London, April 29 (DPA) Rising oil prices have boosted the profits of Britain's two leading oil giants, Shell and BP, in the first quarter of this year, figures showed Tuesday. Shell reported ... Read more...

Posted in World |