Hilton quarterly profit rises 20%
Hotel operator Hilton Worldwide Holdings Inc reported an about 20% rise in quarterly profit on Wednesday, driven by an increase in room rates and occupancy....
Anthem Inc reports 8% rise in quarterly profit
Anthem Inc reported an 8% rise in second-quarter profit on Wednesday as the U.S. health insurer benefited from higher sales of its government-backed health plans....
More than 60 killed, hundreds of thousands displaced by flooding in Bangladesh
Severe flooding has killed at least 61 people, displaced nearly 800,000 and inundated thousands of homes across a third of Bangladesh, government officials said on...
Onion prices surge in Bangladesh on floods, lower Indian supply
Onion prices in Bangladesh have doubled over the past two weeks after floods ravaged the crop and as imports from top supplier India became expensive...
BASF, Siemens, Henkel, Roche target of cyber attacks
German blue-chip companies BASF, Siemens, Henkel along with a host of others said on Wednesday they had been victims of cyber attacks, confirming a German...
Iran defense minister says no Iranian drone has been downed
No Iranian drone has been brought down, the ISNA news agency quoted Iran’s Defense Minister Amir Hatami on Wednesday as saying, after the U.S. military...
Japan’s Tepco to decommission second Fukushima nuclear station
Tokyo Electric Power said on Wednesday it plans to decommission its Fukushima Daini nuclear station, located a few miles south of the bigger Fukushima Daiichi...
Deutsche Bank suffers $3.5 billion loss on road to reinvention
Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn...
Philippines’ Jollibee buying Coffee Bean & Tea Leaf in overseas expansion
Jollibee Foods Corp , Philippines’ largest food service network operator, is buying U.S. brand Coffee Bean & Tea Leaf (CBTL) for $100 million as part...
South Korea protests Japan’s ‘grave’ plan to drop it from smooth-trade list
South Korea protested on Wednesday against a Japanese plan to remove it from a list of countries that face minimum trade restrictions, saying it would...