Essar, Barclays Reach Oil Supply Deal For UK Stanlow Refinery
India-focused oil company Essar Energy PLC (ESSR.LN) said Wednesday its U.K. subsidiary has made a new agreement that will see the bank Barclays PLC (BARC.LN) supply its Stanlow refinery with oil and take control of inventories of crude and refined products on the site.
ARM Outperforms On Strong Demand For Its Microchips
U.K. microchip designer ARM Holdings PLC (ARM.LN) delivered a bigger-than-expected rise in second-quarter profit Wednesday, outperforming the broader industry as it benefits from the rising popularity of smartphones and tablets.
KB Financial Won't Bid for Woori Finance Stake - Yonhap
KB Financial Group (105560.SE) has decided not to bid for any of the government's controlling 57% stake in Woori Finance Holdings Co. (053000.SE), the Yonhap News Agency reported Wednesday, citing an unnamed KB Financial official.
Petroceltic International Sonatrach, Enel Agree Further Extension
Petroceltic International PLC (EG5.DB), said Wednesday that to facilitate completion of negotiations, Sonatrach, Petroceltic and Enel have agreed to a further 15 day period extending until Aug. 10, by which time the Declaration of Commerciality is expected to be in final form for submission to the
Nintendo Trims April-June Loss
Nintendo Co. (7974.OK) reported Wednesday a smaller quarterly net loss for the April-June quarter compared with a year earlier, boosted by efforts to pare losses from its 3DS handheld game device, but missing a return to profitability because of the stubbornly strong yen and sluggish sales of the
Crude Declines Ahead of US Inventory Data
Crude-oil prices were slightly lower in Asian trade Wednesday ahead of weekly U.S. oil inventory due later in the day after a U.S. industry group reported overnight that oil stockpiles unexpectedly rose.
Abertis Net Profit More Than Doubles On Eutelsat Stake Sale
Spanish infrastructure operator Abertis Infraestructuras SA (ABE.MC) Wednesday more than doubled its first-half net profit, bolstered by the sale of a stake in satellite operator Eutelsat, which generated a net capital gain of 396 million euros ($479 million) earlier this year.