SingTel rings up rise in profit, eyes acquisitions

SingTel, Southeast Asia's top phone firm, reported a 3.3 percent rise in quarterly profit, with a strong performance at home and record subscriber growth at its Indian affiliate but weaker earnings at its Australian unit.

A rise to the top that's no surprise

Jeffrey Bewkes' ascension to the top executive post at the world's biggest media company Time Warner Inc, unlike his predecessor's, surprised no one.

Business International

Bewkes to pick up media giant's baton

Time Warner Inc's board on Monday elected Jeffrey Bewkes to succeed Richard Parsons as chief executive on January 1, stoking expectations that big changes lie ahead for the world's largest media company.

Ford strikes deal to keep 6 plants open

Ford Motor Co will keep six plants open and pay $15.4 billion to create a retiree healthcare fund under an agreement United Auto Workers officials approved on Monday (local time), clearing the way for a rank-and-file vote.

JAL increases profit forecast

Japan Airlines Corp, Asia's largest carrier, raised its forecast for full-year operating profit 37 percent as it lowered costs by speeding up job cuts.

Will Texas scrubland yield Pickens rich pickings?

Boone Pickens, the high-rolling oilman, may have engineered one of his shrewdest takeovers yet in the form of eight acres of Texas scrubland.

IN BRIEF (Page 16)

Business International

Prince loses grip on Citigroup crown

Charles Prince resigned on Sunday as chairman and chief executive of Citigroup Inc, as the bank said it may write off $11 billion of subprime mortgage losses, on top of a $6.5 billion write-down last quarter.

Rubin's return trip to Wall Street

Robert Rubin's career has taken him from Wall Street wizard to the pinnacle of power in Washington, and back.

Banking veteran Bischoff takes up reins as acting CEO

Sir Win Bischoff has taken on a tough role - being acting chief executive for a giant bank that needs plenty of attention.