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Nissan Q1 profit rises, exceeds consensus as US sales improve

YOKOHAMA, Japan, July 28 - Nissan Motor Co posted a 13.4 percent rise in April-June operating profit from a year earlier as Japan's second-biggest car maker saw improved sales in the United States after it changed senior management overseeing operations there.

1:17pm IST

UPDATE 1-Set-top box maker Pace raises full-year profit guidance

July 28 - British set-top box maker Pace Plc said it expected full-year profit and cash flow to exceed previous guidance, driven by new product launches and contract wins.

1:04pm IST

OSI Group probe finds standards at supplier unit below par

SHANGHAI, July 28 - An on-going internal investigation conducted by OSI Group LLC into its unit, the scandal-hit Chinese food supplier Shanghai Husi Food Co Ltd, has revealed that standards were below par.

12:55pm IST

REFILE-Cambodia opposition leader Sam Rainsy endorsed by parliament, ends year-long stalemate

PHNOM PENH, July 28 - Cambodia's parliament endorsed opposition leader Sam Rainsy as a lawmaker on Monday as part of a deal with long-term rival Prime Minister Hun Sen that both leaders hailed as an end to a year-long political crisis.

12:40pm IST

Set-top box maker Pace raises full-year profit guidance

July 28 - British set-top box maker Pace Plc said it expected full-year profit and cash flow to exceed previous guidance, driven by new product launches and contract wins.

12:10pm IST
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Australia approves Adani's $16 bln Carmichael coal project

MELBOURNE - The Australian government on Monday approved Indian firm Adani Mining Pty Ltd's controversial A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland, subject to strict conditions to protect groundwater.