Business news in brief.
THE sale of prime properties owned by Media Prima Bhd to Permodalan Nasional Bhd (PNB) may not be an easy affair.
SAO PAULO: Brazilian and Australian sugar industry groups are working together with their respective governments to prepare a formal complaint to the World Trade Organisation (WTO) over any possible sugar export subsidy by India, a top Brazilian sugar official told Reuters.
After years of owning one of the biggest fibre networks in the country, Tenaga Nasional Bhd (TNB) has put its network to test so that it can be considered a serious player providing broadband access in the country.
US dollar gets boost from trade tensions and US stocks break record after record
PETALING JAYA: Most Malaysian retail investors tend to shy away from derivatives as they perceive it to be too “complex”, says Bursa Malaysia Derivatives Bhd CEO Jamaluddin Nor Mohamad.
LONDON: Commodity markets have gone haywire – and hedge funds with picture-perfect timing are set to rake in stellar profits.
BHP Billiton faces strike that may start today following failed wage talks
NEW YORK: Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.