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LONDON (Reuters) - The Williams Formula One team posted a loss of 16.8 million pounds ($20.77 million) in the six months to end-June compared to a previous profit of 0.2 million, reflecting the struggling former champions' plunging track performance.
Adoption of advanced technologies will inevitably result in bugs and security gaps, Qihoo 360 chief says.
KUALA LUMPUR: AmInvestment Research is upgrading the oil and gas sector to Overweight from Neutral as prospects have radically brightened with rising asset utilisation globally which supported service providers’ improving results.
SEPANG: Property developer Sime Darby Property Bhd is bucking the trend in a declining property market, with expectations to increase unit sales with two launches next year in Sepang.
PETALING JAYA: Automotive replacement parts maker New Hoong Fatt Holdings Bhd (NHF) is undertaking aggressive measures to put the group on a stronger footing after posting a decline in earnings for the last two fiscal years - financial year 2017 (FY17) and FY18.
KUALA LUMPUR: Bumi Armada Bhd has reported a strong set of financial results with a net profit of RM78.21mil in the second quarter ended June 30 compared with net loss of RM585.40mil a year agoThe international offshore energy facilities and services provider in a filing with the exchange yesterday said its revenue was RM535.64mil, down 18.1% from RM654.04mil a year ago. Earnings per share were 1.33 sen compared with a loss per share of 9.97 sen.
KUALA LUMPUR: Bumi Armada Bhd reported a strong set of financial results with a net profit of RM78.21mil in the second quarter ended June 30,2019 compared with net loss of RM585.40mil a year ago.
A new generation of cybersecurity companies is creating billions of dollars in market value for investors as businesses increasingly turn to cloud-based products for better protection from sophisticated attacks.
PETALING JAYA: Matrix Concepts Holdings Bhd has posted a firm set of financial results in its first quarter ended June 30, underpinned by resilient property sales and an improved contribution from its hospitality and education businesses.
KUALA LUMPUR: Bank Negara is likely to cut its key interest rate again this year if the United States Federal Reserve (Fed) further eases its monetary policy amid uncertain global economic growth, according to Malayan Banking Bhd (Maybank).