Arkib Harian: December 21, 2023

Top Glove foresees promising outlook in 2024

Top Glove foresees promising outlook in 2024

PETALING JAYA: Top Glove Corp Bhd hopes to turn profitable by the end of financial year 2024 on rising global demand for gloves following the clearance of excess stock held by buyers. The company, however, expects average selling prices (ASPs) and raw material prices to fluctuate in the near future …

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Bursa in for window-dressing run

Bursa in for window dressing run

PETALING JAYA: As 2023 enters its final week, investors would expectedly be looking at the FBM KLCI with window dressing activities anticipated to take place at this time of the year. In general, the term “window dressing” comes from a strategy utilised by retailers and shops which dress up their …

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First protests in Argentina as groups react to Milei austerity plan

First protests in Argentina as groups react to Milei austerity

BUENOS AIRES (Reuters) -Thousands of people took to the streets of Buenos Aires on Wednesday to protest against the government’s economic shock measures, in the first real test for Argentina’s new libertarian president, Javier Milei. Milei, who took office earlier this month on a promise to slash public spending, has …

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Congo election marred by protest and delays, opposition alleges fraud

Congo election marred by protest and delays opposition alleges fraud

KINSHASA/GOMA, Democratic Republic of Congo (Reuters) -Democratic Republic of Congo held presidential and legislative elections on Wednesday – a vote disrupted by hours-long delays, opposition allegations of fraud, violence, and logistical setbacks that could prevent many from participating. At stake is not just the legitimacy of the next administration. Congolese …

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Top ProSieben investor MFE ‘sceptical’ over strategy as shares slide

Top ProSieben investor MFE sceptical over strategy as shares slide

BERLIN/MILAN (Reuters) – MFE-MediaforEurope is growing “impatient” and “sceptical” over ProSiebenSat.1 CEO Bert Habets’ strategy to revamp the company, a source close to the German TV group’s leading investor said on Wednesday. On Tuesday, ProSieben said it would invest more in local content for its streaming platform Joyn and announced …

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Irish prime minister confident Northern Ireland deal within reach

Irish prime minister confident Northern Ireland deal within reach

DUBLIN (Reuters) – Irish Prime Minister Leo Varadkar expressed confidence on Wednesday that Northern Ireland’s power-sharing government would be restored in the new year and that reforms on its operation could be up for discussion after that. Northern Ireland has been without a government for almost two years after the …

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Trial of Bosnian Serb leader Dodik adjourned over procedural issues

Trial of Bosnian Serb leader Dodik adjourned over procedural issues

SARAJEVO (Reuters) – A trial that should have commenced on Wednesday of separatist Bosnian Serb leader Milorad Dodik for defying the rulings of an international peace envoy was adjourned until Jan. 17 over procedural issues brought up by his legal team. Dodik, who is the president of Bosnia´s autonomous Serb …

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Uber to raise minimum wage for drivers in France

Uber to raise minimum wage for drivers in France

(Reuters) – Uber Technologies will raise the minimum wage it pays drivers in France as part of a wider agreement between ride-hailing companies and driver representatives in the country, the company said on Wednesday. Drivers will earn a minimum income 9 euros ($9.85) per trip, up from 7.65 euros they …

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Ukrainian army proposal to call up more civilians gets mixed reaction in Kyiv

Ukrainian army proposal to call up more civilians gets mixed

KYIV (Reuters) – A Ukrainian army proposal to conscript up to 500,000 more civilians has produced mixed feelings in Kyiv, with many people saying more troops are needed to fight Russia but some suggesting it is pointless unless they get more weapons. President Volodymyr Zelenskiy announced the army’s proposal on …

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