STORIES TAGGED WITH

  • World Biz  |  JULY 22, 2014 11:36 PM

    Adidas China supplier says work stoppage occurred

    Story by
    www.bloomberg.com

    Yue Yuen Industrial Holdings Ltd., which makes shoes for clients including Adidas AG and Nike Inc., said employees halted work yesterday in its factory in the southern Chinese city of Zhuhai for social welfare-related issues. The strike started yesterday, but …

     
  • World Biz  |  JULY 22, 2014 11:30 PM

    Time Warner takes first move to thwart Murdoch bid

    Story by
    www.bloomberg.com

    Time Warner Inc.’s board took its first concrete step to fend off Rupert Murdoch’s unwanted takeover offer by eliminating a provision in its bylaws that let shareholders call special meetings. The amendment by Time Warner’s board removes a method investors …

     
  • World Biz  |  JULY 22, 2014 11:18 PM

    Putin bans advertising on pay channels

    Story by
    www.bloomberg.com

    Russian President Vladimir Putin banned advertising on pay-television channels, part of what Reporters Without Borders deemed an “attack” on the media as the conflict with the U.S. and Europe over Ukraine intensifies. The law bans ads on pay-TV channels from …

     
  • World Biz  |  JULY 22, 2014 11:10 PM

    Ex-Goldman trader pens Bitcoin exchange

    Story by
    www.bloomberg.com

    Yuzo Kano quit Goldman Sachs Group Inc. twice: once for a rival bank, the second time to open Japan’s first bitcoin exchange since the collapse of Mt. Gox. When Kano, 38, left his job as a derivatives and convertible bonds …

     
  • Corporate  |  JULY 22, 2014 9:54 PM

    Heng Huat posts RM3.75 mil 1Q pre-tax profit

    Story by
    www.bernama.com

    Heng Huat Resources Group Bhd, en route for listing on Bursa Malaysia’s ACE Market on Friday, posted a pre-tax profit of RM3.75 million for the first quarter ended March 31, 2014 compared with RM3 million in the same period a …

     
  • World Biz  |  JULY 22, 2014 9:35 PM

    Alliance merger signals smaller rescue cost

    Story by
    www.bloomberg.com

    The Kazakh central bank chief said a merger of Alliance Bank with two lenders after its restructuring will produce a “serious player” with 120 billion tenge (RM2 billion) in capital, suggesting its rescue will cost less than originally estimated. Billionaire …

     
  • Featured and Exclusive & World Biz  |  JULY 22, 2014 9:18 PM

    Jokowi wins 2014 Indonesian election

    Story by
    www.bernama.com

    Indonesia's General Elections Commission (KPU) on Tuesday completed the recapitulation of votes for the 2014 presidential election, with presidential candidate Joko Widodo securing 70,997,833 votes, while his competitor Prabowo Subianto received 62,576,444 votes, Indonesia's Antara news agency

     
  • World Biz  |  JULY 22, 2014 9:16 PM

    Chinese airlines told to cut flights amid ‘exercises’

    Story by
    www.bloomberg.com

    Airlines have been ordered to cut a quarter of their flights at a dozen Chinese airports, including two of the country’s busiest in Shanghai, to accommodate four weeks of “high frequency exercises,” state media reported. Shanghai’s Pudong and Hongqiao international …

     
  • Corporate  |  JULY 22, 2014 9:11 PM

    WCT bags RM342 mil Petronas Pengerang job

    Story by
    [email protected]

    WCT Holdings Bhd has been awarded a contract to build and maintain access roads at the massive Petronas refinery and petrochemical integrated development in Pengerang, Johor (Rapid) worth RM342 million. The construction and property development company accepted a letter of …

     
  • World Biz  |  JULY 22, 2014 9:03 PM

    Coca-Cola misses sales estimates

    Story by
    www.bloomberg.com

    Coca-Cola Co., the world’s largest beverage company, reported second-quarter sales that missed analysts’ estimates amid sluggish demand for drinks such as juice and Diet Coke in North America. Revenue fell 1.4% to US$12.6 billion (RM40 billion) in the period, Atlanta-based …

     
  • Issues  |  JULY 22, 2014 9:00 PM

    The start of the noodle company

    Story by
    [email protected]

    In the first of a three-part series, KiniBiz looks into the past, and explores the beginnings of Mamee-Double Decker, a widely-known brand name. We follow the company as it opens its doors in Ayer Keroh, Malacca.

     
  • World Biz  |  JULY 22, 2014 8:51 PM

    McD’s profit trails estimates as US sales slump persists

    Story by
    www.bloomberg.com

    McDonald’s Corp., the largest restaurant chain by sales, posted second-quarter profit that trailed analysts’ estimates after a US sales slump lingered. Net income fell less than 1% to US$1.39 billion, or US$1.40 a share, from US$1.4 billion, or US$1.38, a …

     
  • Corporate & Featured and Exclusive  |  JULY 22, 2014 7:36 PM

    Can Sona get SC approval for Salamander deal?

    Story by
    [email protected]

    Questions are being raised as to whether Sona Petroleum Bhd (Sona) will be able to secure the Securities Commission’s approval for its proposed acquisition of a 40% effective stake in Salamander Energy (Bualuang) Limited (SEBG). SEBG is owned by Salamander …

     
  • Corporate  |  JULY 22, 2014 7:24 PM

    BAT earnings 14% higher on better margins

    Story by
    [email protected]

    British American Tobacco today reported second quarter pre-tax profit of RM429 million on revenue growth of 6%

     
  • Corporate & Featured and Exclusive  |  JULY 22, 2014 7:24 PM

    Experts says data in MH17 black box cannot be changed

    Story by
    www.bernama.com

    According to aviation experts, the data contained in the black box of MH17's cannot be modified. Any tampering of the data will be detected.

     
  • Commodities  |  JULY 22, 2014 7:22 PM

    CPO futures closes lower on weak demand

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices of Bursa Malaysia Derivatives closed lower today on weak demand amid bearish external sentiment, a dealer said. Phillip Futures Sdn Bhd Derivative Product Specialist, David Ng, said CPO futures closed in the red again …

     
  • Corporate & Featured and Exclusive  |  JULY 22, 2014 7:05 PM

    SC takes seven to High Court for share manipulation

    Story by
    [email protected]

    The Securities Commission (SC) is taking seven individuals to court for alleged manipulation of DVM Technology Berhad shares. In a statement today, the commission said the enforcement action is taken at the Kuala Lumpur High Court against Kenneth Vun @ …

     
  • World Biz  |  JULY 22, 2014 6:58 PM

    Verizon beats earnings estimates

    Story by
    www.bloomberg.com

    Verizon Communications Inc., the largest US wireless carrier, exceeded profit estimates on stronger customer gains even as T-Mobile US Inc. brought more promotions and price cuts to the industry. Second-quarter earnings of 91 cents a share, excluding some items, beat …

     
  • Corporate  |  JULY 22, 2014 6:49 PM

    Ford Motor Company to end 2014 on a positive note

    Story by
    www.bernama.com

    Ford Motor Company is confident of ending the year on a positive note based on last year’s performance which was the best annual record in 20 years where sales rose 50% to 10,660 units. Contributing to this superlative performnce was …

     
  • Corporate  |  JULY 22, 2014 6:36 PM

    I-Bhd eyes more JVs in next phase of growth

    Story by
    www.bernama.com

    I-Berhad, the developer of i-City here, is eyeing for more joint ventures with local partners to undertake urban development projects in its next phase of growth plan. I-Berhad deputy chairman Eu Hong Chew said the company was scouring for land …

     
Loading...
1
1
0
latest
1