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KUALA LUMPUR: Malaysia-China bilateral trade will hit another record high in 2019, as it had already posted US$111bil (RM455bil) in the first 11 months of the year, according to Chinese Ambassador to Malaysia Bai Tian.
LONDON/CHICAGO: Boeing Co's new chief executive has sent the aerospace giant back to the drawing board on proposals for a new mid-market aircraft, effectively shelving in their current form plans worth US$15 billion-$20 billion that had been overtaken by the 737 MAX crisis
IF anybody thought that the level of corruption in the public sector is bad – they are wrong. It’s worse in the private sector.
ZURICH: Nestle SA pushed back its target for sales growth as revenue from China slowed even before the outbreak of the novel coronavirus in the Nescafe maker’s second-largest market.
PARIS: Hermes International Chief Executive Officer Axel Dumas said it’s too early to predict when the Chinese market will recover as the spread of the coronavirus hammers luxury spending there.
FRANKFURT: BMW on Tuesday said its China sales have taken a hit this year because of the new coronavirus, but stuck to its target for growing passenger car sales for the year, and said its global supply chain has not been disrupted.
PARIS: The upheaval from the coronavirus outbreak may be the final jolt that the world’s biggest companies need to reevaluate how they operate in a globalised economy, the OECD’s chief economist Laurence Boone said.
AMSTERDAM: Four fugitive suspects go on trial in the Netherlands on Monday charged with the murder of 298 passengers and crew aboard Malaysia Airlines Flight 17, shot down with a Russian-made missile over eastern Ukraine in July 2014.
AMSTERDAM: Relatives sat listening with bowed heads and eyes closed as the names of all 298 victims of a missile strike on a Malaysian airliner were read out in a Dutch court on Monday as the murder trial of four fugitive defendants began.
AFTER watching Prime Minister Tan Sri Muhyiddin Yassin’s announcement on the enhanced stimulus package for SMEs, my various chat groups came alive with all kinds of comments and opinions. In particular, one chat group which comprises experienced retired senior bankers, entrepreneurs and senior business journalists (all about the same age of 60 and above) stood out for its wisdom and sharp foresight.