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Corporate News 01 Aug 2019 | 7:00 AM

Ray-Ban maker agrees to buy GrandVision for US$8bil

MILAN: EssilorLuxottica SA agreed to buy GrandVision NV in a deal that values the smaller Dutch eyecare retailer at as much as 7.3 billion euros (US$8.1bil) and brings the Ray-Ban sunglasses brand and Vision Express prescription centres under the same roof.

Business 27 Jul 2019 | 12:00 AM

Seven deadly sins of partnership investment

ONCE you get into your 50s and 60s, life is all about attending marriages and funerals. Similarly, in businesses, you would see more breakups in partnerships but life would go on for those still alive. Just like marriages, some partnerships do tend to break down due to so many varied reasons.

Vital Signs 18 Jul 2019 | 2:24 AM

How we put health at the heart of the Government

When all ministries implement the Health in All Policies principle, promoting health will naturally become the mission of the entire Government without too much effort.

Business 17 Jul 2019 | 6:24 AM

Gamuda Land, Maxis collaborates for nation’s first Maxis-delivered 5G township

KUALA LUMPUR: Gamuda Land and Maxis have formed a strategic partnership to appoint Maxis as the preferred connectivity and solutions provider to create Malaysia’s first Maxis-delivered 5G township for Gamuda Cove.

Business 10 Jul 2019 | 12:00 AM

Loke: Second phase of double-track rail job to resume

KUALA LUMPUR: The second phase of the Klang Valley Double Track (KVDT) will resume with a lower price tag, according to Transport minister Anthony Loke.

Business 05 Jul 2019 | 12:00 AM

Radical changes on the cards for Deutsche Bank

FRANKFURT: Deutsche Bank AG chief executive officer Christian Sewing (pic) is putting the final touches on a sweeping turnaround plan that may reshape Germany’s biggest bank for years to come. After his first effort fell short and merger talks with Commerzbank AG went nowhere, the CEO is seeking to radically shrink and reshape Deutsche Bank’s business across the globe.

Business 26 Jun 2019 | 7:47 AM

Straits Inter Logistics signs bunkering services agreement with Bintulu Port

KUALA LUMPUR: Straits Inter Logistics has entered into a provision of bunkering services agreement with Bintulu Port Sdn Bhd (BPSB) for a contract period of three years, with the option to renew for not more than two years to be mutually agreed upon.