Carrefour upbeat on Malaysian operations

Filed Under (Business News) by Fred Chan on 05-03-2009

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Carrefour remains optimistic on the performance of its Malaysian operations this year and will continue with expansion plans.

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GM: ‘Substantial doubt’ about future

Filed Under (Business News) by Fred Chan on 05-03-2009

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General Motors Corp. said Thursday that it hopes to get additional loans from the government and that there is “substantial doubt” about the automaker’s ability to remain a “going concern.”

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Berkshire raises stake in Korean steelmaker Posco

Filed Under (Business News) by Fred Chan on 01-03-2009

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Warren Buffett’s Berkshire Hathaway Inc on Saturday said it has increased its stake in Posco , the South Korea steelmaker, to 5.2 percent as of the end of 2008 from 4.5 percent a year earlier.- Reuters

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