Tue03032015

LAST_UPDATETue, 03 Mar 2015 12am

Oil Falls To $61 On Dollar, Iran, Supply Concerns

  An oil well is seen near Denver, Colorado February 2, 2015.  Credit: Reuters/Rick WilkingBrent crude oil fell more than 2 percent to around $61 a barrel on Monday after Iran said a deal on its nuclear program could be agreed this week if the West lifts sanctions, which could boost the country's oil exports.

Read more: Oil Falls To $61 On Dollar, Iran, Supply Concerns

Malaysia Airlines Restructuring Gathers Pace As New Leadership Moves In

Pic: AFPSINGAPORE - Malaysia Airlines is re-negotiating contracts, reviewing its fleet and routes, and identifying almost a third of staff to lay off as part of a state-led restructuring programme, owner Khazanah Nasional Bhd said on Monday.

Read more: Malaysia Airlines Restructuring Gathers Pace As New Leadership Moves In

Google Shares New Futuristic Campus Plan

Google announces that it is expanding its headquarters at Mountain View, California, and unveils on Friday a plan for its new futuristic campus.

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Ferragamo CEO Sees Higher 2015 Sales After 'Excellent' February

FerragamoItalian luxury group Salvatore Ferragamo (SFER.MI) expects its sales to grow this year after the Chinese New Year contributed to an "excellent" performance in February, Chief Executive Michele Norsa said on Sunday.

Read more: Ferragamo CEO Sees Higher 2015 Sales After 'Excellent' February

Iraq Minister Sees Oil At $64 To $65 Per Barrel

Pic: ReutersBAGHDAD: Iraq's Oil Minister Adel Abdel Mehdi said on Sunday world oil prices were gradually rebounding and he expected to see a barrel of crude selling at around $65.

Read more: Iraq Minister Sees Oil At $64 To $65 Per Barrel

Japan Corporate Capital Expenditures Growth Slows In Q4

Pic: ReutersTOKYO — Japanese corporate capital expenditures grew in October-December from a year earlier but the pace slowed from the prior quarter, casting doubt about strength of business investment seen as key to spurring growth in the world’s third-largest economy.

Read more: Japan Corporate Capital Expenditures Growth Slows In Q4

Nestlé Will Not Set Prices To Consumers Upon GST Implementation

Pic: novostea.ruSHAH ALAM: Nestle (Malaysia) Bhd will not determine the price of its products to end consumers in line with the Anti-Profiteering Act 2011 and the impending implementation of Goods and Services Tax (GST) on April 1.

Read more: Nestlé Will Not Set Prices To Consumers Upon GST Implementation

Petronas Braces For A 'Bad' 2015

Pic: neftegaz.ruKUALA LUMPUR: Petroliam Nasional Bhd (Petronas), which reported its first quarterly loss in the fourth quarter of 2014, expects "bad outlook" for 2015 as its profitability will be significantly impacted by lower global oil prices.

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7-Eleven Malaysia Posts 70% Jump In Q4 Net Profit

Pic: The SunPETALING JAYA: 7-Eleven Malaysia Holdings Bhd saw a 70 % jump in fourth quarter net profit on sales growth, gross profit margin expansion and growth in other operating income which was partially offset by the increase in selling, distribution, administrative and other operating expenses in line with store expansion.

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Nokia CEO Sees 'Business As Usual'; No Change To Outlook

The Nokia company logo is pictured at its headquarters in Espoo January 29, 2015. CREDIT: REUTERS/RONI REKOMAA/LEHTIKUVANokia, the world's third-largest mobile equipment maker, has seen nothing in its business that would lead it to change its financial outlook, its chief executive said on Sunday.

Read more: Nokia CEO Sees 'Business As Usual'; No Change To Outlook