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KUALA LUMPUR: Ahmad Zaki Resources Bhd's (AZRB) subsidiary TB Supply Base Sdn Bhd (TBSB) will provide support services including crew to Carigali Hess Operating Company Sdn Bhd (Carigali Hess) at the Tok Bali supply base in Kelantan.
BERLIN (Reuters) - A 1913 painting by Expressionist Ernst Ludwig Kirchner that was seized by the Nazis as "degenerate art" will remain in a Ludwigshafen museum after the German government and others paid 1.2 million euros to the heir of the painting's original owner.
NEW YORK: A couple of US Steel Corp executives had to hit a low bar to get a bonus last year. How low? Their divisions could have lost millions of dollars and they’d still get a fat payout.
PETALING JAYA: UMW Oil & Gas Corp Bhd (UMW OG) has secured a contract from British oilfield services company Petrofac for one of its jack-up drilling rigs.
LONDON: Organisation of Petroleum Exporting Countries (Opec) ministers met with partners and rivals in Houston this week as they try to figure out whether to prolong production cuts. That decision only got harder.
HOUSTON: Oil prices will tumble to US$40 a barrel if Organisation of Petroleum Exporting Countries (Opec) doesn’t extend its pact later this year to cut output, according to one of the most prominent producers in the shale patch.
ZURICH: Measly economic growth and tumbling exports data for Switzerland underlined on Thursday the failure of the Swiss National Bank (SNB) to check the rise of the franc.
WELLINGTON (Reuters) - A thrashing at the hands of Australia had been a salutary lesson for New Zealand captain Kane Williamson and his side would be far more aggressive when their one-day series starts against a confident Bangladesh team on Monday.
MELBOURNE (Reuters) - The first thing that went through all-rounder Jimmy Neesham's mind when he was struck by a Mitchell Starc bouncer was the words of from former captain Brendon McCullum -- "show no pain".
INVESTORS are at a decision-making crossroads with respect to Bumi Armada Bhd’s performance and are wondering if losses could mount further or if this could indeed by the end of the worst for the group.