Business

[ad_1] Just a few days ago, the TikTok deal looked like a win for China. Now his state media denounces it as “an American trap” and a “dirty and dishonest stunt.” The rapid change of mind shows the complications of closing a deal that is much more than finding a …

[ad_1] In an effort to combat extremism in education, Prince Mohammed bin Salman has ordered a revision of school textbooks in the kingdom, once known for denigrating Jews. (Image from Reuters) RIYADH: From cleaning up hateful school textbooks to a taboo-defying religious sermon, Saudi Arabia is pushing for another kind …

[ad_1] PETALING JAYA: The government has announced a second wage subsidy scheme to help companies that are still affected by the Covid-19 pandemic. Prime Minister Tan Sri Muhyiddin Yassin said the subsidy would be awarded to companies that are experiencing a revenue reduction of up to 30% compared to last …

[ad_1] More than 15,000 Malaysians are said to have lost their jobs in Singapore in the wake of the Covid-19 pandemic. (Photo by Bernama) PETALING JAYA: Before the pandemic, Steven made his living in Singapore as a forklift driver, one of many Malaysians who had crossed the road in search …

[ad_1] KUALA LUMPUR (September 23): Genting Malaysia Bhd said the full extent of the impact of the Covid-19 pandemic on the group’s global hotel and casino operations remains uncertain at this time. In its last corporate presentation in September 2020, Genting Malaysia said it will focus on business efficiency to …

[ad_1] SHANGHAI (REUTERS) – Beijing is unlikely to pass an “unfair” deal. Oracle Corp and Walmart Inc said they have reached out to ByteDance about the future of the video streaming app TikTok, the state-run Global Times newspaper said in an editorial. Large American companies have said they will buy …

[ad_1] PETALING JAYA: With the loan moratorium ending in a week, companies in the construction industry, with affected cash flow, are asking for government intervention. Industry contributes 5% of gross domestic product (GDP), along with 1.46 million jobs in 20 other sectors. Although most have resumed operations during the recovery …

[ad_1] Publication date: Tuesday, September 22, 2020 11:01 AM Ole Gunnar Solskjaer praised assistant goalkeeper Dean Henderson for making a crucial save in Manchester United’s victory over Luton Town in the League Cup. The Red Devils were left without winners 3-0 at Kenilworth Road thanks to a Juan Mata penalty …

[ad_1] KUALA LUMPUR (September 22): Liquidity-strapped Malaysia Airlines Bhd postponed its next bond payments as the national carrier grapples with the economic impact of the COVID-19 crisis. CIMB Investment Bank Bhd said that holders of Malaysia Airlines Perpetual Sukuk Musharakah’s unrated face value RM1.5 billion will have the bond repayment …

[ad_1] KUALA LUMPUR: The business sector should not merely depend on the value of the ringgit to boost its competitiveness, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Although the government would always ensure that the financial market ran smoothly and in an orderly manner, “the business sector …