The world's largest brewer Anheuser-Busch InBev NV has informed that it has posted a reasonable hike in its net profit figure for the second-quarter of the current financial year.

According to a statement released by the company, it has managed to post a net profit rise of 7.3% in the reviewed quarter against its corresponding quarter in the preceding fiscal year.

On Wednesday the U. K. insurer Standard Life recorded a 10% increase in its first-half operating profit and a 4.8% augment in its interim dividend, aided by a muscular revitalization in sales amid cipher of improving financial markets.

Casino billionaire Steve Wynn said that his company, Wynn Resorts Ltd. won't try to become the world's largest casino operator or expand quickly like its competitors.

Wynn has told several times that “Bigger isn't better; better is better.”

Handset maker, Motorola has announced the launch of its two new mobile phones called the 'Rambler' and the 'Bali'.

The mobile phones expand the feature phone line up of the company. Both the mobile phones come with CDMA form and clamshell handsets. The two devices differ in keypad features.

In the second quarter results announced by Dubai Financial Market Co. it has revealed a decline of 80% in the net profit. It has confirmed that these figures have reached 25.9 million U.A.E. dirhams ($7 million) in the latest quarter. It reported a net profit of AED128.3 million last year in the same quarter. It stressed that profits were mainly down due to the lower levels of trading.  

Analysts had expected these figures to be between AED30 million and AED31.6 million.

Triveni Engineering & Industries Ltd has announced its results for the quarter ended June 2010. The company suffered a loss of Rs 14.23 crore in the quarter compared to a profit of Rs 39.8 crore.