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Steelmaker Nucor's profit falls 39 pct
2015-04-23 16:46:48| Steel - Topix.net
Nucor Corp, the No. 1 U.S. steelmaker by market value, reported a 39 percent drop in quarterly profit, hurt by lower selling prices.
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GM says it has fixed 70 pct. of faulty ignition switches
2015-04-11 10:53:20| Automakers - Topix.net
Fourteen months after General Motors started recalling more than 2 million small cars with faulty ignition switches worldwide, the company says it has repaired about 70 percent of the vehicles that are still on the road. Fourteen months after General Motors started recalling more than 2 million small cars with faulty ignition switches worldwide, the company says it has repaired about 70 percent of the vehicles that are still on the road.
SRA asks BIR to postpone 12 pct VAT on sugar
2015-03-27 07:50:55| Sugar Industry News
MANILA, Philippines - The Sugar Regulatory Administration (SRA) has asked the Bureau of Internal Revenue (BIR) to postpone the implementation of the recently imposed 12 percent advance value-added tax on raw and refined sugar until the start of the next crop year.
San Miguel recurring income up 244 pct
2015-03-26 18:26:03| Beverages - Topix.net
San Miguel Corp. on Thursday said its recurring income in surged 244 percent to P27.9 billion in 2014, driven by growth in its traditional and new businesses. However, the diversified conglomerate did not give its net income for 2014.
Big companies fill 40 pct of outside directors with ex-officials
2015-03-09 08:08:04| Semiconductors - Topix.net
South Korea's 10 largest companies have hired former government officials to fill 40 percent of new outside director positions, industry data showed Monday, rekindling criticism that the companies may use them as protectors against the government. According to data, the number of outside directors to be hired by this year's shareholders' meetings totaled 119 at the top 10 conglomerates led by Samsung Group and Hyundai Motor Group.
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