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Business 17 Mar 2018 | 12:00 AM

Billionaire Li Ka-shing retires

Track record includes a US$15bil profit from sale of Orange mobile phone unit

Corporate News 16 Mar 2018 | 8:46 AM

Li Ka-shing retires, ending career of one of Asia’s top tycoons

HONG KONG: Li Ka-shing, a wartime refugee who used to sweep factory floors in Hong Kong for a living, retired after a career spanning more than half a century amassing one of Asia’s biggest fortunes from building skyscrapers to selling soap bars.

Business 14 Apr 2017 | 10:55 PM

Abbott agrees to buy Alere at lower price of US$5.3bil from earlier offer

NEW YORK Diversified healthcare company Abbott Laboratories on Friday agreed to buy Alere Inc at a lower price than it had previously offered, after raising concerns about the accuracy of various representations, warranties and covenants made by Alere in the earlier agreement.

Business 28 Apr 2014 | 11:27 AM

Bill Gates, in communist newspaper, urges more in China to help poor

SHANGHAI: Microsoft founder Bill Gates on Monday took to the pages of the People's Daily, the mouthpiece newspaper of China's ruling Communist Party, to encourage people in China to do more for the poor.

Business 11 Jul 2012 | 12:00 AM

Bill Gates Foundation to pledge funds for contraception

LONDON: The Bill and Melinda Gates Foundation is set to unveil funding a sum in the hundreds of millions of dollars for a campaign to improve access to contraception in the developing world.

Business 05 Jul 2012 | 12:00 AM

ADT Biotech eyes bigger share of regional market

KUALA LUMPUR: ADT Biotech Sdn Bhd, the newly-launched Asia-Pacific headquarters of Germany-based Altona Diagnostic, eyes more market share in infectious disease testing in the region.