PARIS: Canadian convenience store chain Couche-Tard has dropped its multi-billion-euro takeover bid for French supermarket giant Carrefour, the two companies confirmed Saturday, after Paris said it would veto the deal.

Kuala Lumpur: The Ministry of Entrepreneur Development and Cooperatives (Medac) has urged entrepreneurs to take full advantage of the various assistance, incentives and programmes under the ministry and its agencies to remain competitive in today’s challenging business environment.

Kuala Lumpur: Twelve banks have responded to the national call for moratorium assistance and flood aid relief, especially for those affected by the current flood situation.

SHANGHAI: China’s economy grew last year at its slowest pace since transformative market reforms of the 1970s, according to an AFP poll of economists, but finished the year strongly on an accelerating coronavirus recovery.

Kuala Lumpur: Emerging market (EM) debt issuance will soften in 2021 from last year’s record highs, but will remain above the pre-pandemic levels as still-elevated funding needs and improving risk sentiment support overall bond market activity, Moody’s Investors Service said in a report Friday.

Kuala Lumpur: The Malaysian Association of Tour and Travel Agents (Matta) has urged the government to be proactive and come up with an enhanced and targeted rescue plan for tour and travel agents in light of the latest Movement Control Order (MCO) and the bleak forecast on travel this year.

LONDON: Already grounded by the coronavirus pandemic, airlines operating in the UK are facing post-Brexit obstacles to flying across the European Union, and their shareholders are paying the price.

Kuala Lumpur: Malaysia’s economy will remain resilient despite the re-imposition of the Movement Control Order (MCO) in six states and the nationwide state of emergency, thanks to labour productivity which drives economic growth.

Kota Kinabalu: Award winning real estate agency, Property Hub (Sabah) Sdn Bhd won the Sabah Real Estate Firm of the Year award for the fourth consecutive time in 2020.

SAO PAULO: Thousands of workers on Tuesday protested the pending closure of carmaker Ford’s three Brazilian factories at the cost of some 5,000 jobs.