Business

[ad_1] KUALA LUMPUR (December 29): Budget airline AirAsia Group Bhd has decided to sell 32.67% of its 49% stake in AirAsia (India) Ltd to Tata Group for $ 37.66 million (approximately 152, 58 million RM). AirAsia Group owns the 49% stake in AirAsia India through 100% owned AirAsia Investment Ltd …

[ad_1] 2/2 © Reuters. A man wearing a protective mask walks along 14 Wall Street, as the global outbreak of coronavirus disease (COVID-19) continues, in New York’s financial district. 2/2 By Chuck Mikolajczak NEW YORK (Reuters) – US stocks fell in choppy trade on Tuesday after hitting record highs as …

[ad_1] KUALA LUMPUR: Some companies in the country are unable to operate as usual due to the ongoing Covid-19 pandemic, said Minister of Business Development and Cooperatives Datuk Seri Wan Junaidi Tuanku Jaafar. He said Wednesday that the country’s economy had been badly affected by the motion control order (MCO), …

[ad_1] Aker Solutions had allegedly made false statements regarding the ownership of one of its Malaysian units to obtain licenses from Petronas. KUALA LUMPUR: A former Malaysian employee of Norway’s largest oil services company, Aker Solutions, sued the company, saying it tried to prevent her from speaking to authorities about …

[ad_1] © Reuters. Noreen Burke Investing.com – Inventories fell in the past week, the Energy Information Administration said Wednesday. US commercial crude inventories (excluding those in the Strategic Petroleum Reserve) fell in barrels last week to 493.5 million barrels, compared with analysts’ expectations for a reduction of 2.583 million barrels. …

[ad_1] China has stopped the sale of the US consulate staff complex in Hong Kong, citing Washington’s failure to get Beijing’s approval for the $ 332 million deal. Hang Lung Properties Ltd., which agreed in September to pay HK $ 2.57 billion ($ 332 million) for the site, said Wednesday …

[ad_1] BEFORE the anticipated massive launch of Covid-19 vaccines in Malaysia next year, private sector players are positioning themselves to fill any gaps in the vaccine supply chain, despite Putrajaya’s supply agreement with Pfizer and access global to the Covid-19 vaccine (COVAX) facilities. Comments from the Minister of Science, Technology …

[ad_1] KUALA LUMPUR (Dec 30): FBM KLCI closed up 9.42 points or 0.58% at 1,644.41 today after MSCI’s Asia-Pacific stock indicator rose to a record in betting of global economic recovery in anticipation of continued support for global monetary and fiscal policy. The fund managers’ portfolio showcase is also seen …

[ad_1] The flag of Aker Solutions flies next to its headquarters in Fornebu, Norway, on June 1, 2017. – Reuters pic KUALA LUMPUR, December 30 – A former Malaysian employee of Norway’s largest oil services company, Aker Solutions, sued the company, saying it tried to prevent her from speaking to …

[ad_1] IPOH: Telecommunications fraud syndicates are using the portals of MyEG Services Bhd (MyEG), the Department of Road Transport and the Election Commission to obtain more detailed information before defrauding their victims. Bukit Aman’s Commercial CID Director Datuk Zainuddin Yaacob said these unions also use the latest applications on the …