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Fox - News On Business: Harmony Gold 2Q Net Profit Surges To ZAR1.0 Billion On Output, Price

Business PR Wire - 2 hours 48 min ago

Harmony Gold Mining Co. (HAR.JO) said its second-quarter net profit surged in the second quarter on higher production and a strong gold price, but warned the remainder of the year will be capital intensive as it ramps up its gold project in Papua New Guinea.

NY Times - News On Business : $800 Million Chinese Fund to Back Film Projects

Business PR Wire - 2 hours 53 min ago
Sun Media Group is joining Harvest Fund Management to create Harvest Seven Stars Media Private Equity, which will back entertainment ventures in China and abroad.

Fox - News On Business: Bank Negara Indonesia Expects 2011 Net Profit To Have Risen By 30% - CEO

Business PR Wire - Sun, 02/05/2012 - 23:56

PT Bank Negara Indonesia (BBNI.JK) expects 2011 net profit to have risen by at least 30% from IDR4.1 trillion in 2010 due to higher net interest income and lower operating costs, BNI Chief Executive Gatot Soewondo told reporters Monday.

Fox - News On Business: India Eases FX Trading Limits For Some Banks

Business PR Wire - Sun, 02/05/2012 - 23:25

MUMBAI -- India's central bank has eased limits on currency trading positions for some banks after considering their applications for relaxation on a case-by-case basis, two bankers said Monday.

Fox - News On Business: Hanwha Closely Monitoring Stock Price Moves After Company Probed Due To Alleged Embezzlement

Business PR Wire - Sun, 02/05/2012 - 23:07

South Korea's chemicals-to-financial conglomerate Hanwha Corp. (000880.SE) is closely monitoring its share price moves, an official at the company said Monday.

Fox - News On Business: National Australia Bank Expects To Spend Up To A$11 Million Before Class Action Trial

Business PR Wire - Sun, 02/05/2012 - 22:56

National Australia Bank Ltd. (NAB.AU) expects to spend up to A$11 million (US$11.8 million) in legal fees in the lead up to the trial of a class action brought by investors seeking about A$450 million in compensation.

Fox - News On Business: DBS CEO: Always Open To M&A Opportunities

Business PR Wire - Sun, 02/05/2012 - 22:34

DBS Group Holdings Ltd. (DBSDY), Singapore's largest lender by assets, remains open to merger and acquisition opportunities, its chief executive said Monday.

CNN - News On Technology: The 20 most entertaining Super Bowl tweets

Business PR Wire - Sun, 02/05/2012 - 22:29
In the social media age, you don't need to be at a party to enjoy clever or catty comments about the Super Bowl. read more

MSNBC - News On Technology: Report: Facebook to start mobile ads by March

Business PR Wire - Sun, 02/05/2012 - 22:16
Facebook, the social network giant, is set to begin showing advertisements to users on mobile devices before its $5 billion initial public offering, the Financial Times reported on Monday.

MSNBC - News On Business: Great game, too bad the ads didn't keep up

Business PR Wire - Sun, 02/05/2012 - 21:59

The pressure was on. The tension was thick. And then, there were yawns in between.


NY Times - News On Business : Greece Agrees to Harsh New Spending Cuts

Business PR Wire - Sun, 02/05/2012 - 21:56
The interim government agreed to cut spending this year by 1.5 percent of Greece’s gross domestic product, but members are yet to agree on details of austerity measures.

Wall Street Journal - Business: Target at Post-Bailout GM: Earning $10 Billion a Year

Business PR Wire - Sun, 02/05/2012 - 21:41
The auto maker is expected to report net income of more than $8 billion for last year and has set its sights on a once-unthinkable goal: making more than $10 billion a year.

MSNBC - News On Business: Vote for your favorite Super Bowl ad

Business PR Wire - Sun, 02/05/2012 - 21:32
There's no question that the Giants and the Patriots played some exciting football tonight, but what about the ads? Did you like the nostalgia of seeing Jerry Seinfeld's and the Soup Nazi's return, and Matthew Broderick echoing Ferris Bueller?

NY Times - News On Business : Advertising: Super Bowl Commercials, From Charming to Smarmy

Business PR Wire - Sun, 02/05/2012 - 21:26
Risk-taking, rule-breaking ideas were as hard to find among the more than 50 Super Bowl commercials as good taste in a GoDaddy ad.

NY Times - News On Business : Asian Stocks Rise After U.S. Unemployment Falls

Business PR Wire - Sun, 02/05/2012 - 21:21
Asian stock markets climbed Monday after U.S. unemployment fell to its lowest in three years, suggesting a stronger recovery in the world’s No. 1 economy.

CNN - Money and Business: Chrysler is king of the Super Bowl spots

Business PR Wire - Sun, 02/05/2012 - 21:20
Once again, Chrysler's Super Bowl ad won the hearts and minds of football fans, this time with a little help from Clint Eastwood and, of course, Detroit.

Wall Street Journal - Business: TPG Raises 4 billion Yuan for China Investments

Business PR Wire - Sun, 02/05/2012 - 21:13
Private-equity firm TPG said Monday it has secured about 4 billion yuan ($634 million) so far as it continues to raise capital for China investments.

Wall Street Journal - Business: KT Corp's Net Profit Rises

Business PR Wire - Sun, 02/05/2012 - 21:11
KT Corp. said fourth-quarter net profit rose 13% on year largely due to gains from asset sales, but operating profit fell by nearly 20% on a decline in phone charges.

Wall Street Journal News: PepsiCo, Coke to Update Investors

Business PR Wire - Sun, 02/05/2012 - 21:00
PepsiCo and Coca-Cola likely will show solid profit growth when they share their 2011 results this week, but this year could be tougher.

Wall Street Journal - Business: TPG Raises 4 Billion Yuan

Business PR Wire - Sun, 02/05/2012 - 20:56
Private-equity firm TPG said it has secured about 4 billion yuan (US$634 million) so far as it continues to raise capital for China investments.