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Red Bull faces China challenge from soccer-sponsoring rival

BANGKOK: Thai tycoon Sathien Setthasit said he plans to pour US$300mil into helping his energy-drink company Carabao Group Pcl take on Red Bull in China, part of a push to expand overseas revenue. The shares rose the most in almost a month.

Exxon jumping into Mexico fuel market with first US cargo

MEXICO CITY: Exxon Mobil Corp is joining Chevron Corp and other US refiners to supply the newly free Mexican fuel market.

Is detox necessary?

PETALING JAYA: “Detoxification” is a buzzword in the dietary world, but few associate it with bodily processes that naturally eliminate waste every day.

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Shahril slips out of billionaire list as Sapura Energy slumps

KUALA LUMPUR: Tan Sri Shahril Shamsuddin, the president and group chief executive of Sapura Energy Bhd, has slipped out of the billionaire list after the company’s wider-than-expected losses in the third quarter sent the stock crashing below RM1 for the first time since the merger with Kencana Petroleum Bhd in 2012.

Bitcoin shunned by online gaming platform Steam on fees, swings

Bitcoin hit a snag on Dec 7 as the largest online gaming shop in the US and Europe said it will no longer accept the cryptocurrency as a source of payment because of its high transaction fees and volatile price.

KLCI shows slight gain, Sime Plantation lifts

KUALA LUMPUR: THe FBM KLCI pulled slightly higher on Thursday as Sime Darby Plantation continued to reverse losses seen during its debut.

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Sapura Energy records Q3 loss of RM274m

KUALA LUMPUR: Sapura Energy Bhd suffered a net loss of RM274.4mil in its third financial quarter versus a net profit of RM158.06mil a year ago as it recorded lower contributions from its engineering and construction (E&C) and drilling segments as well as lower share of profit from joint ventures.

Pogba confident United can cope with City threat

(Reuters) - Manchester United midfielder Paul Pogba will miss Sunday's derby against Manchester City but he has backed his team mates to end their local rivals' unbeaten run in the Premier League this season.

Tokyo 2020 unveil bug-eyed Olympic mascot hopefuls

TOKYO: Tokyo Olympic organisers unveiled a shortlist of three official 2020 Games mascots Thursday -- from bug-eyed cartoon heroes to cuddly raccoons.