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France's Pechiney SA has spurned an unsolicited 3.4 billion euros takeover bid from Canada's Alcan Inc, setting the stage for a battle of will between the two rival aluminium producers.
B>WASHINGTON:/BRazor blades and medicines packaged with pinpoint-sized computer chips and tiny antennae that eventually could send retailers and manufacturers a wealth of information about the products - and those who buy them - will start appearing in US grocery stores and pharmacies this year.
THE noose is tightening on companies that use price or cost manipulations in transactions with related parties to #147;adjust#148; their tax bills following the introduction by the Inland Revenue Board (IRB) of sweeping new guidelines that could paralyse this practice.
THE concept of air travel in South-East Asia is transforming as low cost airlines (LCAs), now restricted to just a few countries in the region, take off.
SHARES on the KLSE second board and the Mesdaq market rallied yesterday, even as a number of blue chips continued to consolidate after healthy gains over the past few weeks.
Hong Leong Industries Bhd (HLI) has proposed to purchase and/or sell up to 20 million shares or a stake of about 10% in Malaysian Pacific Industries Bhd (MPI) through the open market or stockbrokers.