HEADLINES :



September 18, 2019 Business
Kuala Lumpur: The government is still looking at solutions for troubled Malaysia Airlines Bhd, which is majority-owned by Khazanah Nasional Bhd, Prime Minister Tun Dr Mahathir Mohamad said.
September 18, 2019 Business
Kuala Lumpur: Total government expenditure for 2020 is expected to be higher at RM295.1 billion to support the economy with RM240.1 billion or 81 per cent for operating expenditure (opex), while the remainder amounting to RM55 billion for development expenditure.
September 18, 2019 Business
NEW YORK: A panel of global civil aviation authorities is expected to criticise the US Federal Aviation Administration’s approval of Boeing’s 737 MAX, which has been grounded for six months following two crashes, a source familiar with the matter said Monday.
September 18, 2019 Business
LUXEMBOURG: Apple embarks on an epic court battle with the EU on Tuesday, fighting the commission’s landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes.
September 18, 2019 Business
WASHINGTON: President Donald Trump on Monday said the United States had reached an initial agreement on tariffs with Japan, after often claiming that Tokyo has had an unfair advantage in bilateral trade.
September 17, 2019 Business
Kuala Lumpur: National Automotive Policy (NAP) 2019 to be launched soon, will be implemented in three phases till 2030 and it will also include efforts to make Malaysia a hybrid and energy-efficient vehicle (EEV) manufacturer, says Automotive, Robotic and IoT Institute (MARii) chief executive officer Datuk Madani Sahari.
September 17, 2019 Business
SYDNEY: Volkswagen has agreed to pay up to Aus$127 million ($87.3 million) to settle multiple class action suits brought by Australian motorists over a diesel emissions cheating scandal, the parties’ lawyers said Monday.
September 17, 2019 Business
DETROIT: The United Auto Workers union began a nationwide strike against General Motors on Monday, with some 46,000 members walking off the job after contract talks hit an impasse.
September 17, 2019 Business
NEW YORK: Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids.
September 17, 2019 Business
BEIJING: China’s economy showed more signs of strain Monday as the country published weak data for industrial output, investment and retail sales, amid a lingering trade war with the United States.
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