Ford Leads $24 Million Funding in India Car-Rental Startup Zoomcar 

A Ford Motor Co. investment arm is among the companies pouring $24 million into a vehicle-rental startup in India, the latest development in the race to use technology in new ways to target consumers in the world's second-most-populous country. (published 0552 GMT)

 
 
Ahold Delhaize Says On Track for Merger Targets as Earnings Rise 

The newly merged supermarket operator Koninklijke Ahold Delhaize NV said its tie-up got off to a solid start after both Ahold and Delhaize reported improved sales and profit in the second quarter. (published 0553 GMT)

 
 
Nordea and DNB Agree to Combine Baltic Operations 

Sweden's Nordea Bank AB and Norway's DNB ASA, two of Northern Europe's biggest lenders, on Thursday announced a deal to combine their Baltic operations as they seek to benefit from greater scale in the region and fight growing competition. (published 0525 GMT)

 
 
Malayan Banking 2nd-Quarter Net Profit Falls 26.6% 

Malayan Banking Bhd., Malaysia's largest bank by assets, said its second-quarter net profit fell 26.6% from a year earlier as allowances for loan impairments and expenses rose. (published 0542 GMT)

 
 
IHH Healthcare Sets Sights on China's Middle Class, Says Company CEO 

The world's second-largest private hospitals operator is taking on the world's second-largest economy. (published 0513 GMT)

 
 
Axiata 2Q Net Profit Down 69% at MYR188.9M 

Axiata Group Bhd., Malaysia's largest mobile-phone operator by market value, said its second-quarter net profit fell 69%, hurt by higher costs, lower shares of profits from associates and foreign exchange losses. (published 0456 GMT)

 
 
Galaxy Entertainment: 1H Net Profit HK$2.56 Billion; Up 26% on Year 

Galaxy Entertainment Group Ltd. Thursday reported 26% growth for its first-half net profit, partly buoyed by higher revenue. (published 0436 GMT)

 
 
South32 Pays Maiden Dividend Despite Large Loss -- Update 

South32 Ltd., the base metals and coal miner spun out of BHP Billiton Ltd., paid a maiden dividend despite reporting a large annual loss for its first full fiscal year, as it pruned costs and ended up with more cash than debt. (published 0432 GMT)

 
 
AviChina Industry 1H Net Profit Up 6.8% at CNY504 Million 

AviChina Industry & Technology Co. reported a 6.8% rise in its net profit for the first half, thanks to the nation's growing demand for air travel. (published 0423 GMT)

 
 
Hengan Intl Group: 1H Net CNY1.64 Billion; Up 5.2% on Year 

Hengan International Group Co. Ltd. Thursday reported a 5.2% rise for its first-half net profit, thanks to higher revenue. (published 0422 GMT)

 
 
Hyundai Motor Ends Strikes With Tentative Union Deal 

Hyundai Motor Co. reached a tentative wage deal with its unions, which puts an end to damaging strikes and paves the way for a similar deal at its Kia Motors Corp. affiliate. (published 0249 GMT)

 
 
China Coal Energy Swings to 1H Net Profit of CNY225.1 Million 

China Coal Energy Co. Ltd. late Wednesday reported a first-half net profit of 225.1 million yuan, thanks to disposal gains and better cost control despite weaker revenue. (published 0210 GMT)

(END) Dow Jones Newswires

August 25, 2016 02:00 ET (06:00 GMT)