Brazil TIM 2Q Net Profit Falls 0.9% to BRL346.8 Million
Brazilian mobile telecom operator TIM Participacoes (TIMP3.BR, TSU) posted net profit of 346.8 million Brazilian reais ($170 million) in the second quarter, down 0.9% from the same period a year ago, the company reported Monday.
U.S. Challenges EU with Rival Airline-Tax Talks
The U.S. will this week host a meeting of about 16 nations opposed to a controversial European Union carbon tax on airlines, aiming to draw up an alternative plan, a U.S. official said Monday.
Panasonic To Return To Profit In Apr.-June: Report
Panasonic Corp. will likely post a swing back to profit in the April-June quarter, with group net income of 10 billion yen ($128 million), compared to a �30.3 billion loss in the year-earlier period, according to a Nikkei news report Tuesday.