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Motor racing - Team tardy to test but no turmoil, says Williams

BARCELONA (Reuters) - Claire Williams hit back on Wednesday at suggestions her family-owned Formula One team were in crisis, and the factory in turmoil, after they turned up three days late for pre-season testing.

France discussing with Iran fate of citizen arrested in October

PARIS (Reuters) - France is in touch with Iran to improve the conditions of a French woman who was arrested in October on the Gulf island of Kish for allegedly signing an illegal mining contract, Foreign Minister Jean-Yves Le Drian said on Wednesday.

Hamilton shrugs off Ferrari's early testing pace

BARCELONA (Reuters) - Lewis Hamilton shrugged off Ferrari's testing pace on Wednesday while recognising that he and Mercedes faced their toughest challenge yet as they seek to stretch their Formula One domination into a sixth successive season.

Tencent to maintain aggressive investment stance in face of challenging 2019

HONG KONG (Reuters): Tencent Holdings Ltd said investment is central to its overall strategy and so it will maintain its scale of investment after an aggressive 2018, brushing aside near-term risks such as the bursting of China’s tech bubble as economic growth slows.

Iran's Rouhani says US sanctions are "terrorist act"

LONDON (Reuters) - Iranian President Hassan Rouhani said on Wednesday relations with the United States had rarely been so bad and that sanctions imposed by the Trump administration targeting Tehran's oil and banking sectors amounted to "a terrorist act".

Disappointing December quarter for sugar maker MSM

KUALA LUMPUR: Sugar manufacturer MSM Holdings Bhd posted its first quarterly losses since June 2017, on lower sales volume and cheaper average selling prices.

Public Bank posts RM1.4bil net profit in Q4

KUALA LUMPUR: Public Bank Bhd posted lower earnings in the fourth quarter, as income from its key retail and hire purchase businesses declined.

Google to buy data migration company Alooma in cloud push

Alphabet Inc's Google said on Feb 19 it will buy data migration company Alooma, as part of efforts to catch up with bigger cloud service rivals Amazon.com Inc and Microsoft Corp.

Google trails Amazon and Microsoft in the fast-growing business of helping companies move to the cloud, with Google Cloud holding 8.5% of worldwide cloud market share at the end of 2018, according to Canalys. — Reuters

TM apologises to customer for bad experience

PETALING JAYA: Telekom Malaysia (TM) has apologised to an elderly customer who faced difficulties when he tried to terminate his fixed line subscription recently.

Chinese 'Ivory Queen' smuggler sentenced to 15 years jail in Tanzania

DAR ES SALAAM (Reuters) - A prominent Chinese businesswoman dubbed the "Ivory Queen" was sentenced to 15 years in prison by a Tanzanian court on Tuesday for smuggling the tusks of more than 350 elephants, weighing nearly 2 tonnes, to Asia.