JP\/17\/brief<\/p>\n
State owned mining company PT Aneka Tambang Tbk (Antam) said
\nThursday its sales rose 11.4 percent to Rp 1.22 trillion (US$116
\nmillion) in the first nine months of this year, compared to the
\nsame period of last year. Higher gold sales during the third
\nquarter offset a slide in nickel sales and helped lift earnings,
\nthe company said in a statement. -- JP<\/p>\n
U.S. automaker Ford Motor Co. and Japan's Bridgestone Corp. will
\nrenew business ties through talks that could start this month,
\nthe Nihon Keizai newspaper said Thursday. Ford has reportedly
\ncontacted the tire maker about setting up a meeting between
\nBridgestone president Shigeo Watanabe and its top executives to
\nresolve a year-long feud which has tarnished both companies'
\nreputations, it said -AFP<\/p>\n
British chemicals group ICI said on Thursday that it was slashing
\n1,300 jobs, as it reported an 11 percent fall in third quarter
\nprofits. Pre-tax profits fell to 108 million pounds (US$157
\nmillion) in the third quarter of this year, from 122 million in
\nthe same period a year earlier. -- AFP<\/p>\n
Singapore Airlines' overall load factor in September fell sharply
\nto 69.8 percent from 75.9 percent a year ago, an indication of
\nthe slowdown in the airline's business since the Sept. 11
\nterrorist attacks on the U.S. -- AP<\/p>\n
Singapore's biggest bank, the United Overseas Bank, said Thursday
\nit may eliminate about 2,000 jobs by the end of the year. UOB
\nsaid in a statement that the cutbacks are part of a
\nrationalization program needed after it merged with the smaller
\nOverseas Union Bank in September. It said the move will save the
\nbank between S$200 and S$250 million (between US$109 and US$137
\nmillion) each year. -- AP<\/p>\n
Major Japanese electronics components maker TDK Corp. said
\nThursday its interim net profit plunged 94.4 percent, forcing it
\nto cut at least 8,800 jobs and slash its full year earnings
\nforecast. TDK's net profit fell to 1.83 billion yen (US$15
\nmillion) for the six months to September while its pre-tax loss
\nof 3.1 billion yen contrasted with a profit of 47.8 billion yen a
\nyear earlier. -- AFP<\/p>\n
Royal Dutch Shell's third-quarter profit dropped by 17 percent,
\nit reported on Thursday, saying the company's performance had
\nbeen hit by lower oil and natural gas prices as well as a decline
\nin refining margins. -- AFP<\/p>\n
Chinese government-backed Citic Ka Wah Bank said Thursday it
\nwould buy Hong Kong Chinese Bank (HKCB) for HK$4.2 billion
\n(US$539 million) to create the territory's fourth largest lender.
\nCitic Ka Wah, Hong Kong's fifth-largest bank, will pay HK$3.36
\nbillion in cash and HK$840 million in certificates of deposit in
\na deal expected to be completed in January following shareholder
\nmeetings. -- AFP<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/jp17brief-1447899208",
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"sponsor": "Okusi Associates",
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