SIEMENS CHIEF FACES HEAT ON PRICE FOR EQUIPMENT MAKER
At Siemens AG's annual general meeting in Munich on Tuesday,
shareholders likely will grill Chief Executive Joe Kaeser over the
price he agreed in September to pay for U.S. oil equipment maker
Dresser-Rand Group Inc. (published 0002 GMT)
NISSAN'S DATSUN SALES SPUTTER IN EARLY MARKETS
Nissan Motor Co. relaunched its Datsun cars with great fanfare
last March in India, as the auto maker took its first step in an
effort to boost sales in developing markets and create its third
brand. (published 2230 GMT Sunday)
TIGER AIRWAYS SWINGS TO S$2.2 MILLION NET PROFIT IN OCTOBER-DECEMBER QUARTER
Singapore-listed budget airline Tiger Airways Holdings said
Monday it swung to a net profit in the October-to-December quarter,
mainly due to the absence of losses relating to operations of
overseas affiliates. (published 0049 GMT)
GOOGLE WIRELESS SERVICE AIMS TO SWITCH BETWEEN CARRIERS, SOURCES SAY
Google Inc.'s upcoming wireless service would aim to end
subscribers' reliance on a single carrier, instead giving them the
ability to pick the best signal from a variety of sources, people
familiar with the plan said. (published 0035 GMT)
FIRST U.S. BITCOIN EXCHANGE SET TO OPEN
The virtual currency bitcoin is getting a very real boost on
Monday, with the opening of the first licensed U.S. exchange.
(published 2131 GMT Sunday)
EUROPEAN DRUG REGULATOR RECOMMENDS SUSPENDING SALES OF SOME DRUGS -- 3RD UPDATE
Europe's main pharmaceutical regulator recommended suspending
the sale of hundreds of drug formulations that were approved for
use based on "flawed" clinical studies conducted by GVK
Biosciences, a clinical research organization in Hyderabad, India.
(published 0107 GMT Saturday)
DUBAI ISLAMIC BANK 2014 PROFIT UP 63% AMID EMIRATE'S ECONOMIC TURNAROUND
Dubai Islamic Bank PJSC on Sunday posted a full-year net profit
gain of 63%, taking advantage of the emirate's economic turnaround
that has boosted business for domestic lenders. (published 0824 GMT
Sunday)
BAE OFFERS TO BUILD HOWITZERS IN INDIA -- UPDATE
BAE Systems PLC has offered to build a howitzer factory in India
to close a deal valued at more than $800 million after years of
stalled talks left it closing plants in the U.S. and the U.K. that
were supposed to produce the artillery. (published 0701 GMT
Sunday)
ANDREESSEN HOROWITZ BACKS LONDON CURRENCY STARTUP TRANSFERWISE
Silicon Valley venture-capital firm Andreessen Horowitz has
backed currency-transfer startup Transferwise, the London-based
company said, in a sign of growing interest in London tech
companies among U.S. investors. (published 2337 GMT Sunday)
UBER TOUTS ITS EMPLOYMENT OPPORTUNITIES FOR DRIVERS
Uber Technologies Inc. is fast becoming one of the largest
employers of part-time drivers in the dozens of cities where it
operates, a fact the ride-sharing company increasingly wields to
establish credibility with regulators scrutinizing its business.
(published 2349 GMT Sunday)
VIACOM CEO DAUMAN EARNS $44.3 MILLION IN TOTAL COMPENSATION FOR YEAR
Viacom Inc. Chief Executive Philippe Dauman earned $44.3 million
in total compensation in the fiscal year ended Sept. 30, a 19.2%
raise from the previous year, according to a regulatory filing.
(published 0013 GMT Saturday)
MORGAN STANLEY CEO GETS $4.5 MILLION STOCK BONUS -- UPDATE
Morgan Stanley awarded its chairman and chief executive, James
Gorman, restricted shares valued at $4.5 million for his
performance this past year. (published 2304 GMT Friday)
STARBUCKS CEO SCHULTZ'S 2014 TOTAL PAY VALUED AT $21.5 MI LLION, UP FROM $17.2 MILLION
Starbucks Corp. said Chairman and Chief Executive Howard
Schultz's total compensation was valued at $21.5 million last year,
up from $17.2 million in 2013. (published 2305 GMT Friday)