DAIMLER WILL SPEND $500 MILLION ON S.C. VAN FACTORY
Daimler AG plans to spend $500 million to build a Mercedes-Benz
van factory in South Carolina, said people familiar with the
matter. The move comes after state officials promised tens of
millions in grants, property tax abatements and training support.
(published 0234 GMT)
SOMPO JAPAN NIPPONKOA: CONSIDERING BUYING STAKE IN FRANCE'S SCOR
Sompo Japan Nipponkoa Holdings Inc. said it is considering
buying a stake in French reinsurance giant Scor SE, in a deal that
could reportedly be worth over $900 million. (published 0043
GMT)
FOSUN UNIT TO INVEST IN U.K. TRAVEL GROUP THOMAS COOK
Fosun International Ltd., a major private-owned conglomerate in
China, said Friday its unit will invest about 91.85 million pound
sterling in the U.K. travel group Thomas Cook Group PLC, in a bid
to open up opportunities to boost the group's value. (published
0510 GMT)
WEAK CHINESE NEW YEAR TOURISM DRAGS SALES OF HONG KONG LUXURY RETAILERS
Hong Kong retailers of luxury goods continue to bear the brunt
of weak consumer demand from mainland China, with steep sales
declines over the Chinese New Year period sending their shares to
recent lows. (published 0441 GMT)
ELAINE WYNN LAUNCHES BID FOR BOARD SEAT -- 4TH UPDATE
Wynn Resorts Ltd. co-founder Elaine Wynn has launched a bid to
retain a seat on the casino operator's board, which is trying to
oust her. (published 0343 GMT)
APPLE PAY STUNG BYLOW-TECHFRAUDSTERS
Apple Inc.'s new mobile-payment system has been hit by a wave of
fraudulent transactions using credit-card data stolen in recent
breaches of big retailers, including Home Depot Inc. and Target
Corp., people familiar with the matter said. (published 0050
GMT)
HOSA INTERNATIONAL: 2014 NET PROFIT UP 8.9% AT CNY403.2 MILLION
Hosa International Ltd., a mid-to-high end sportswear products
manufacturer, said 2014 net profit rose 8.9% from a year earlier,
on demand from China's sports and health industries. (published
0544 GMT)
HI SUN TECHNOLOGY 2014 NET PROFIT JUMPS TO HK$397.07 MILLION
Hi Sun Technology Ltd. posted strong growth for its 2014 net
profit thanks to disposal gains and higher revenue. (published 0038
GMT)
MAN WAH HOLDINGS REPURCHASES HK$32.22 MILLION WORTH OF SHARES ON MARCH 5
Man Wah Holdings Ltd. repurchased 32.22 million Hong Kong
dollars worth of shares in the stock market in a bid to improve
returns to shareholders. (published 0017 GMT)
ICEBERG RESEARCH RELEASES RESPONSE TO NOBLE GROUP'S REBUTTAL OF CRITICISM
Iceberg Research renewed its battle with Singapore-listed
commodities trader Noble Group in a note Friday that responds to
Noble's earlier defense of its accounting methods. (published 0154
GMT)
ECOPETROL NAMES FORMER FINANCE MINISTER JUAN CARLOS ECHEVERRY CEO -- UPDATE
A former finance minister with close ties to the government was
elected as the new chief executive of Ecopetrol, directors at
Colombia's troubled state-controlled oil company said Thursday
night. (published 0454 GMT)