ASIANET: Daily Summary on Thursday, May 3, 2001

ข่าวต่างประเทศ Thursday May 3, 2001 17:30 —Asianet Press Release

May 3/PRNewswire-AsiaNetCN AND DOW JONES PARTNER... HONG KONG: China Markets Limited, the online financial information service provider, today said it would collaborate with Dow Jones Newswires to launch a new version of its subscription-based product, Financial Markets Express.EYE TREATMENT ENDORSED... FORT LAUDERDALE: Visudyne, a Novartis Opthalmics product used for treatment of macular degeneration - the leading cause of blindness in people 50-plus, sustains visual acuity in its third year of use, according to results released by the company last night at a conference for the Association for Research in Vision and Opthalmology.CEO EXPLAINS RESTRUCTURE... ATLANTA: Delta Airlines Inc today said its upper management restructures would be discussed today via webcast by ceo, Leo F. Mullin.CALLAWAY SIGNS OFF ON DIVIDEND... CARLSBAD: Callaway Golf Company today said that its Board of Directors has approved a dividend of $.07 per share for Q1, to be issued on June 5.PRUDENTIAL RE-POSITIONS... NEWARK: Prudential Financial is the new name for The Prudential Insurance Company of America, reflecting the company's shift from insurance to diverse financial services.NEW DELTO PRESIDENT... ATLANTA: Delta chairman and ceo, Leo F. Mullin, today introduced Frederick W Reid as its incumbent president and chief operating officer.NEW PEPSICO CEO... PURCHASE: PepsiCo's board of directors today elected Steven S Reinemund, 53, to the post of board chairman and chief executive officer, and in a separate release, also approved a half-cent dividend increase.ANDERSEN WARNS OF FOREIGN TAX TRAPS... SINGAPORE: Andersen, the wealth planning and management advisors, today warned high-profile individual investors of investment risks in foreign markets which have lax or opaque tax laws.COMMERCIAL ALLIANCE... RESEARCH TRIANGLE PARK: Quintiles Transnational Corp will join in a strategic alliance with ArgoMed Inc, to bring to market a water-induced Thermotherapy product, Thermoflex, for the treatment of benign prostatic hyperplasia. SEMICONDUCTOR EXPO... SINGAPORE: SEMICON Singapore, Southeast Asia's largest semiconductor manufacturing technology expo, will be held at the Singapore International Convention centre from 8-10 May, the organisers said today.WEBSITE PRIZE HAT-TRICK... HONG KONG: E-finet.com, the flagship financial website of China Markets Limited, was crowned "Best Finance Website", "Best Website", and "Best Website" at the Hong Kong Hi-Tech Awards, last week, the company said today.EARNINGS RELEASES: NEW YORK: SK Telecom today announced that its first quarter earnings would be webcast on Friday 4 May. LONDON: British American Tobacco today released its first quarter results, with operating profit up by 10 per cent and 5 per cent increases in sales volumes. HAMILTON: Asia Global Crossing today reported its first quarter financial results, citing cash revenue growth of 114 per cent outstripping predicted forecasts. (AsiaNet is a consortium of leading news agencies distributing unedited, translated press releases for worldwide clients. Contact: www.asianet.com.au for full-text versions).

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