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Lender bids $15M for industrial condo
A 12-acre industrial condominium project in Kapolei went for $15 million in a foreclosure auction on Friday.
Biz Journal Saturday, October 10, 2009

Marine fuel trader Chemoil says to post loss in Q3
Marine fuel supplier Chemoil Ltd expects to post a net loss in the third quarter, hurt by weak fuel oil margins.
IB Times Saturday, October 10, 2009

Banque Saudi Fransi Q3 profit down 1.9 pct
Banque Saudi Fransi, the Saudi affiliate of France's Calyon, posted a 1.9 percent fall in third-quarter net profit on lower fees from deposit management and its local brokerage.
IB Times Saturday, October 10, 2009

Airbus A400M flight as soon as November 30-paper
The A400M military transporter made by Airbus is set to have its maiden flight as soon as November 30, German weekly magazine FOCUS reports in an advance copy.
IB Times Saturday, October 10, 2009

Saudi's Almarai Q3 profit rises 24 pct
Saudi Arabia's Almarai Co, the Gulf's largest dairy company by market value, posted a 23.7 percent rise in third-quarter net profit but sales slowed down as swine flu kept pilgrims away from the kingdom.
IB Times Saturday, October 10, 2009

Delaware judges must avoid clash with US-professor
Delaware judges will need to find a way to avoid ruling in corporate cases involving government-controlled companies like American International Group Inc if they are to protect the state's corporate law, a law professor said on Friday.
IB Times Saturday, October 10, 2009

Vimpelcom deal tops global M&A list this week
A merger of Russian cellphone operator Vimpelcom and Ukrainian mobile leader Kyivstar was ranked as the world's biggest deal this week, according to Thomson Reuters data released on Friday.
IB Times Saturday, October 10, 2009

BayernLB aims to return 10 billion euros in aid -source
German Landesbank Bayern LB needs less state aid and is negotiating with the bank rescue fund SoFFin about returning 10 billion euros, a source close to the company said on Saturday.
IB Times Saturday, October 10, 2009


Archived industry news stories.

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