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South Africa's Illovo Sugar H1 earnings fall 10 pct

2014-12-04 08:16:24| Sugar Industry News

JOHANNESBURG (Reuters) - South Africa's Illovo Sugar reported a 10 percent decline in first-half earnings on Monday due to lower sugar production and depressed global prices.

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UPDATE 1-JD Power-LMC forecast U.S. November auto sales up 1 pct

2014-11-26 08:34:00| Auto Dealers - Topix.net

U.S. auto sales will rise 1 percent to 1.26 million vehicles in November, the highest for the month since 2001, according to a forecast jointly developed by J.D. Power and LMC Automotive. LMC Automotive on Tuesday also forecast full-year 2014 U.S. auto sales at 16.4 million vehicles, up about 5 percent from 2013.

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S. Korean car market to grow 2 pct to record high 1.65 mln units

2014-11-23 13:23:06| Auto Dealers - Topix.net

South Korea's automobile market will grow 2 percent on-year to record-high sales of 1.65 million units in 2015, a report by the Korea Automotive Research Institute showed Sunday. The research arm of Hyundai Motor Group, the world's fifth-largest automotive conglomerate, said next year's sales will surpass the 1.64 million cars sold in 1996, the boom year for the country's car industry.

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Nigeria's Dangote Sugar 9-month profit falls 9.3 pct

2014-11-06 13:05:34| Sugar Industry News

LAGOS (Reuters) - Nigeria's Dangote Sugar said on Tuesday its nine month pretax profit fell to 13.97 billion naira ($84.2 million), down 9.3 percent from a year ago.

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UPDATE 1-Finland to sell 2.3 pct stake in TeliaSonera

2014-11-06 10:53:00| IT Services - Topix.net

Finnish government's investment arm Solidium said on Wednesday it would sell 100 million shares, or a stake of 2.3 percent, in Swedish mobile operator TeliaSonera in a move to raise funds from state holdings to curb public debt. The move comes after Finnish minister in charge of the sales last month told Reuters the government aims to raise more than 1 billion euros from Solidium.

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