Philips Profit Beats Forecasts on US, Emerging Markets
Dutch electronics major Royal Philips Electronics (PHIA.AE) said Monday it swung to a second quarter profit as sales picked up at all its units, especially in the U.S. and emerging markets, offsetting weak European markets and as cost-cutting plans launched last year started to take effect.
Statoil Pays CHC Helikopter Service NOK5 Billion For Helicopter Services
Norwegian oil and natural gas major Statoil ASA (STO) said Monday it has awarded CHC Helikopter Service AS three new helicopter contracts worth a total of NOK5 billion to provide offshore flights from Kristiansund and Bronnoysund, as well as the search and rescue helicopter stationed on the Heidrun
Fraser & Neave Appoints Goldman Sachs to Advise on Heineken Offer - Source
Singapore beverage company Fraser & Neave Ltd. (F99.SG) has appointed Goldman Sachs Group Inc. to advise it on Heineken NV's (HEIA.AE) 5.1 billion Singapore dollar (US$4.06 billion) offer to buy Fraser & Neave's stake in Asia Pacific Breweries Ltd. (A46.SG), a person familiar with the situation
Nokia in Talks with Operators on Windows 8 Phone Launch -Paper
Nokia Corp. (NOK) is considering ripping up its traditional mass marketing strategy when it unveils its new Windows 8 smartphone in the autumn, in an attempt to recreate the excitement around Apple Inc.'s (AAPL) exclusive launch of the original iPhone in 2007, the Financial Times reports Monday.