Asa Fitch Last Updated: Nov 22, 2010 Profits at publicly listed companies in the UAE fell by 17.9 per cent to Dh8.3 billion (US$2.26bn) in the third quarter compared with the same period last year, dragged down by sluggishness at property and construction firms. The decline was felt across most sectors, according to an analysis of the results by The National, but property and construction companies Read more [...]

Cash reserves held by Korean listed companies amounted to 65-trillion won, or about 58-billion US dollars, in the third quarter of this year. According to the Korea Exchange on Monday, the cashable assets of 553 listed companies reached more than 65.3 trillion won, which is a slight decrease of 0.1 percent from the second half of last year. Among the most cash-rich companies in the nation are Hyundai-Kia Motor, Posco, and Hynix Semiconductor. Thirty-three companies including Samsung Electronics Read more [...]

The U.S. Environmental Protection Agency (EPA) has listed 134 different chemicals that will be screened for their potential to disrupt endocrine systems in humans and animals. The EPA notes that endocrine disruptors represent a serious health concern, especially for children who are still developing. The list of chemicals that have been identified for screening include some that may be found in sources of drinking water. The chemicals listed are those used in solvents, gasoline, plastics, personal Read more [...]

Looking ahead: The weekend and MondayBlack Friday 2010: One tipster's top list and deals for cash-only shoppers';document.write(sclListTop);Share';document.write(sclListBottom);E-mailSavePrintCommentRecommendWalmart, which has already rattled other retailers this year with online free-shipping, is stepping up the pressure with three-day sales built around Black Friday, plus a "price match" pledge.Most Walmarts will be open 24 hours on Turkey Day. Among the deals are over 90 DVD titles including Lord Read more [...]

Dermot Weld's classy mare Profound Beauty has been retired from racing. The six-year-old won nine of her 21 career starts, including three times in Group company and four times at Listed level. She was placed on another seven occasions and ran a hugely respectable race to finish fifth in the 2008 Melbourne Cup. Unfortunately she was well beaten in this year's renewal of the Flemington showpiece and that has turned out to be her final racecourse appearance. "She's been retired honourably to stud Read more [...]