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Stocks dip after a good week
US blue chip stocks ended slightly lower on Friday after posting their best week since November, as investors took profits and a drop in Exxon Mobil Corp weighed on the Dow average after a court ruling.
CEOs of five GLCs complete first year
A YEAR after five 'highly regarded professionals' were handpicked to lead five government-linked companies (GLCs), some observers are still not satisfied with the financial performance of some of these GLCs.
French employers' group elects first woman president
The main French employers' group elected Laurence Parisot as its first woman president Tuesday at a time when the government is struggling to convince voters of the need for major economic reform.
Court dismisses GHope’s request for poll at meets
THE Kuala Lumpur High Court yesterday dismissed with costs a declaratory relief sought by Golden Hope Plantations Bhd (GHope) for a legal interpretation of Article 61 of its Articles of Association (AoA) on the right to demand a poll at its general meetings.
Azmi appointed FMB chairman
THE Financial Mediation Bureau (FMB) has appointed Tan Sri Mohd Azmi Kamaruddin chairman and independent director.
Microsoft, Alacritech settle dispute over Windows networking
Microsoft Corp. on Wednesday settled a lawsuit that claimed it planned to incorporate a patented networking technology into future versions of the Windows operating system without permission.
Spitzer’s probe into insurers building up
Attorney-General Eliot Spitzer continues to amass guilty pleas from insurance executives as his year-and-a-half long probe into bid-rigging and price-fixing abuses builds steam.
Hawaiian bankruptcy trustee seeks $8 million fee
The trustee who guided Hawaiian Airlines through its two-year bankruptcy case is seeking an $8 million (euro6.47 million) fee.
SK Corp to buy Inchon for US$1.6bil
SK Corp, South Korea's largest oil refiner, agreed to acquire bankrupt Inchon Oil Refinery Co for 1.6 trillion won (US$1.55bil), adding capacity as concern about shortages push petroleum prices to a record.
