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1MDB debt costs may reach RM34.6b, says Maybank

KUALA LUMPUR: Malaysia’s costs of servicing 1MDB debt may reach as much as RM34.6bil (US$8.6bil) from 2019 to 2023, as the government will probably fully account for it, according to Maybank Kim Eng Securities.

Metals brokers enjoy fat profits from Rusal chaos

LONDON: Surging volumes and volatility in industrial metals so far this year, largely due to U.S. sanctions slapped on Russian aluminium producer Rusal, have been a major money-spinner for several brokers and banks after years of tepid market conditions.

Half of EU business leaders cut UK investment over Brexit

FRANKFURT: Britain's looming departure from the European Union has led nearly half of big companies from the rest of the bloc to cut investment in the country, a poll of 800 executives released two years after the Brexit referendum found.

Airbus has said a withdrawal without a deal would force the aircraft maker to reconsider its long-term position and put thousands of British jobs at risk.  However, Prime Minister Theresa May's spokeswoman said the government was confident of getting a good deal ensuring trade is as free and frictionless as possible.

Terra Firma joins bid for IWG

LONDON: Terra Firma Capital Partners is interested in buying the world’s largest operator of short-term office space, owner of the Regus brand, at least the fifth potential buyer to express interest as demand for co-working locations intensifies.

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