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AZRB subsidiary to provide support services to Carigali Hess

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.

Germany pays 1.2 million euros for Kirchner painting seized by Nazis

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.

Bonus targets can be real easy for bosses in a volatile industry

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.

UMW OG secures another charter for drilling rig from Britain

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.

Opec's Houston huddle only deepens dilemma of extending cuts

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.

Oil to hit US$40 if Opec fails to expand cuts, Pioneer says

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.

Swiss growth takes a hit, adding to SNB strong franc dilemma

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.

Shell-shocked New Zealand to be aggressive against Bangladesh

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.

Only pain Neesham shows is in defeat

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".

Bumi Armada investors ponder over group losses

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.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.