NEW YORK: — They’re not Hollywood stars, they’re not TV personalities and they don’t play in a rock band, but their pay packages are in the same league.
LONDON: Oil fell below $65 a barrel on Tuesday, pressured by the possibility that U.S. shale oil producers could increase drilling activity and by a stronger dollar.
NEW YORK: Charter Communications announced Tuesday it is acquiring rival Time Warner Cable to create a powerful new player in the US pay TV and broadband sector.
KUALA LUMPUR: – The Memorandum and Articles of Association, and the financial accounts of 1Malaysia Development Bhd (1MDB) have always been available to the public via the Companies Commission of Malaysia, says its President and Group Executive Director Arul Kanda.
LONDON: The euro slid Tuesday and European stock markets struggled on concerns over Greece’s ability to meet looming repayment deadlines, dealers said.
NEW YORK: Wall Street opened lower on Tuesday after the dollar jumped to a one-month high on data showing that U.S. business investment spending plans increased solidly for a second straight month in April.
CORPORATES see May, the fifth month of the year, like employees see the fifth day of the week, Friday: they just can't wait for it to end and enjoy the good times that come after.
WASHINGTON: — Orders to U.S. factories for long-lasting manufactured goods fell slightly in April. But a category that reflects business investment climbed for a second month, a hopeful sign that this key sector is starting to revive.
GUIYANG, China: Taiwan’s Foxconn Technology, the world’s largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, Chairman Terry Gou said on Tuesday.
KUALA LUMPUR: Al Rajhi Bank has launched a new medical plan, i-Medic, offering affordable and comprehensive medical and hospitalisation coverage.
SINGAPORE: ShareInvestor Malaysia will organise INVEST Fair Malaysia 2015 (IFMY 2015) at the Mid Valley Exhibition Centre in Kuala Lumpur on June 20-21.
KUALA LUMPUR: BAE Systems has described the ASEAN SME Showcase and Conference 2015 as a conduit for it to introduce Malaysian Small and Medium Enterprises (SMEs) to its global aerospace supply chain of over 7,000 suppliers.
KUALA LUMPUR: – Hong Leong Financial Group (HLFG) posted a pre-tax profit of RM699.7 million for the third quarter ended March 31, 2015 compared with RM727.9 million in the previous corresponding quarter.
KUALA LUMPUR: – Hong Leong Bank Bhd registered a pre-tax profit of RM663 million for its third quarter ended March 31, 2015, up 3.6 per cent from RM639 million in the corresponding quarter a year ago.
KUALA LUMPUR: – Tenaga Nasional Bhd’s (TNB) shares which took a battering on Bursa Malaysia yesterday and dragged down the benchmark index, gained slight momentum today.