KUALA LUMPUR: Datuk Seri Najib Razak’s decisions relating to investments by SRC International Sdn Bhd were not questioned by the company’s top management, the High Court heard. SRC International’s former director Datuk Shahrol Azral Ibrahim Halmi agreed to a suggestion by his lawyer Chong Yik Loong at the hearing of …
Baca Lagi »Arkib Harian: May 7, 2024
Online retailer Zalando returns to growth thanks to premium brands
(Reuters) -Online fashion marketplace Zalando returned to growth in the first quarter after three consecutive declines in gross merchandise volume, as bets on more premium brands and its business servicing other retailers paid off. While fast-fashion retailer Shein is a threat to Zalando’s revenues and customer numbers, Chief Financial Officer …
Baca Lagi »Sarawak ports now under a centralised authority for competitive and efficient services, says Deputy Premier
KUCHING: Ports in Sarawak will come under a single central authority with the passing of the Sarawak Ports Authority Bill in the state legislative assembly on Tuesday. Deputy Premier Datuk Amar Douglas Uggah, who tabled the Bill, said a central port authority was needed in tandem with the crucial role …
Baca Lagi »BP profits drop to US$2.7bil, refinery outage offsets higher output
LONDON: BP reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower energy prices and a U.S. refinery outage, even as oil and gas production increased. The London-based company held its dividend at 7.27 cents per share and maintained the …
Baca Lagi »How the EU transformed tech
PARIS: As millions of voters prepare for next month’s European Parliament elections, AFP explores some of the deep transformations the 27-member bloc has made in the field of technology. Goodbye cookies, hello pop-ups For years, any website aiming to make money through advertising relied upon cookies. The tiny programmes installed …
Baca Lagi »Bursa reach to bridge investor-remisier gap
KUALA LUMPUR: Bursa Malaysia Bhd has unveiled Malaysia’s first profiling platform featuring and facilitating better connections between representatives of dealers and investors, beyond traditional channels. In a statement today, the exchange said the platform, known as Bursa Remisier Acquisition Hub (Bursa Reach), is a new offering that provides investors greater …
Baca Lagi »Nintendo to announce next Switch by March as original sputters
Nintendo Co said it will announce a successor to its seven-year-old Switch game console, after forecasting a major profit decline for the current fiscal year. President Shuntaro Furukawa took to X (formerly Twitter) to say there will be an announcement on the next hardware platform by March, shortly after his …
Baca Lagi »Overcapacity talk won’t affect MNCs’ commitment
Exaggerating the “China overcapacity” narrative will impede the advancement of high-quality production capacity globally but will not discourage multinational corporations from expanding their presence in the country, said market watchers and foreign business executives. They said the active participation of foreign automakers and parts suppliers in the 2024 Beijing International …
Baca Lagi »Men stole homeowners’ identities and sold their houses ‘out from under them’, US feds say
A group accused of a real estate fraud scheme conspired to steal at least 10 homeowners’ identities and sold their properties “out from under them” without permission, US federal officials said. The accused ringleader has now been sentenced, the US Attorney’s Office for the Eastern District of Virginia said in …
Baca Lagi »Rugby: Rugby-Reds breakthrough win another sign of trans-Tasman competitiveness
SYDNEY (Reuters) – Queensland Reds snapped a 25-year hoodoo with a victory over the Canterbury Crusaders in Super Rugby Pacific last weekend and offered yet more evidence that trans-Tasman Sea rugby is as competitive as it has been for a decade. New Zealand teams have won every international edition of …
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