Business

Former China factory worker becomes budget store billionaire

[ad_1] A Chinese businessman who started a chain of stores selling fancy home goods at bargain prices has just become a billionaire, profiting from the global trend of consumers turning to cheap products as the coronavirus pandemic eats into budgets. of expenses. Miniso Group Holding Ltd., based in Guangdong, China, …

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Firefly to begin jet flights from Penang next year

[ad_1] PETALING JAYA: Low-cost airline Firefly Airlines, which now operates a fleet of 12 twin turboprops, will launch its jet operations in the first quarter of 2021 (1Q21), serving the domestic, Asean and Asia-Pacific markets from the Airport Penang International. . With the new company, Firefly will diversify its base …

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Mah Sing attracts glove bulls, share price rises

[ad_1] KUALA LUMPUR (Oct 16): Mah Sing Group Bhd rose as much as 28% this morning amid optimism that the real estate developer’s venture into the production of rubber gloves will give a new source of income. Investment analysts tracking the stocks anticipate that rubber glove production will contribute RM100-230 …

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Warm for gloves | The star

[ad_1] PETALING JAYA: Mah Sing Group Bhd, a real estate developer, has its eyes set on becoming a manufacturer of rubber gloves with a production of 30 billion gloves a year. At a signing ceremony yesterday, it announced plans to diversify into the manufacture of gloves and other related health …

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Wall St ends after Mnuchin weakens hopes for stimulus

[ad_1] NEW YORK: Wall Street ended weaker on Wednesday, led lower by Amazon and Microsoft as investors lost hope that a US fiscal stimulus would pass before the November presidential election. Pessimistic comments from Treasury Secretary Steven Mnuchin that a deal would likely not be reached before the vote added …

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