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KUALA LUMPUR: Berjaya Sports Toto (BToto) negatively surprised with a headline net loss for May-June 2019 due to impairments at Philippine Gaming Management Corporation (PGMC), Maybank Investment Bank Research said.
HONG KONG: Protest-battered Hong Kong should also brace itself for an “economic typhoon” caused by the US-China trade war and recent political unrest in the city, financial secretary Paul Chan wrote in a blog post.
AS a larger-than-life CEO, Warren Buffett tends to overshadow anything happening within his US$500bil conglomerate, Berkshire Hathaway Inc. Case in point: An entirely inconsequential charity lunch that’s been cancelled between the billionaire and a Chinese cryptocurrency entrepreneur has gotten far more attention than quarterly earnings report from Berkshire will.
PETALING JAYA: Brands are evolving fast. Besides being a tool to gain market share and provide competitive edge, brands are expanding their roles.
PORTLAND: Chinese cryptocurrency entrepreneur Justin Sun, who cited health issues in postponing his charity lunch with Warren Buffett this week, issued a broad apology to just about everyone for touting the plan to dine with one of America’s richest people, noting it raised concerns among authorities.
IMAGINE going more than a year without carrying cash on your person. No money at all, just your smartphone and credit cards.
PETALING JAYA: Berjaya Philippines Inc has emerged as the only bidder eligible for the five-year lease of the Philippine Charity Sweepstakes Office (PCSO) lottery system through its subsidiary Philippine Gaming Management Corp (PGMC).
Amazon.com Inc founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos, was finalised by a Seattle-area judge on Friday, paving the way for her to receive US$38.3bil (RM158.4bil) worth of Amazon stock, Bloomberg reported.
KUALA LUMPUR: Affin Hwang Capital research is sceptical over the sustainability of Berjaya Sports Toto Bhd's growing market share from the recent crackdown on illegal operators.
London: Asian governments are stepping up their support for coal-fired power plants, handing a lifeline worth US$64bil a year to an industry struggling to maintain investment from private investors.