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Companies

Deutsche Bank surprises with profit as legal costs deferred
Lender cut litigation costs by €1 billion in fourth quarter
Samsung’s annual profit falls first time in 3 years
Under growing pressure to boost shareholder returns, the company still managed to announce an increased dividend of 19,500 won a share, up from 13,800 won a year earlier.
Facebook’s status update: Profit, revenue beat forecasts
The world’s biggest online social network said on Wednesday that advertising revenue jumped 53 per cent to $3.59 billion for the fourth quarter.
Total renews oil concession with Adco
Total got 10 per cent stake in a new 40-year onshore concession against 9.5 per cent it had previously owned in concession that expired in January last year.
Record quarter for Apple
$74.6 billion revenue, $18 billion net profit and 74.5 million iPhones sold in first quarter of fiscal 2015
Yahoo announces tax-free spinoff of Alibaba stake
The Alibaba spinoff will add to the $9.7 billion already returned to shareholders from Alibaba and bring the total amount to nearly $50 billion.
Aer Lingus backs IAG €1.35b takeover offer
Deal now hinges on Ryanair, Irish government
Microsoft Q4 profit declines; revenue rises
Microsoft shares were down slightly more than four per cent to $44.98 in after-market trading that followed release of the earnings figures.
Asian airlines slash fuel surcharges but fares likely to rise
Aviation experts say other airlines are likely to follow suit, because any drop in ticket prices would erode profit margins which, globally, are as low as $6 a passenger.
Lulu Exchange thrives on customer trust
The operations of LuLu Ex is currently spread across the GCC countries such as the UAE, Oman, Kuwait, Qatar, Bahrain and beyond in India and the Philippines.
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