Generic competition hits Pfizer

Antofagasta sees profits rise 15%
Mining giant Antofagasta reports a 15% rise in half-year profits as high copper prices offset higher production costs.

S&N purchase hits Heineken profit
Heineken reports a slight fall in half-year profits as a result of the cost of buying UK brewer Scottish & Newcastle.

Singapore wealth fund doubles profits
Profits at Singapore sovereign wealth fund Temasek double after asset sales offset the impact of the credit crunch.

Price controls hurt China refiner
Profits at Asia's biggest oil refiner Sinopec fall as price controls prevent the firm from passing on record crude costs.

China bank sees top 2008 profits
China's largest bank reports a 57% jump in first half profits and says its earnings have outstripped any of its rivals.