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Corporate News 21 Jun 2017 | 1:22 PM

Scomi unit files suit over statements by Prasarana, Rapid Rail

KUALA LUMPUR: Scomi Transit Projects Sdn Bhd (STP) has filed a suit against Prasarana Malaysia Bhd and its subsidiary Rapid Rail Sdn Bhd over their media statements on the safety concerns and risks associated with four-car trains manufactured by it.

Corporate News 09 Jun 2017 | 12:00 AM

Scomi says monorail trains are ‘fit for operation’

PETALING JAYA: Scomi Engineering Bhd (SEB), whose subsidiary made the four-car train sets that are currently grounded by Rapid Rail Sdn Bhd, said these trains are “fit for operation” based on full inspection being carried out.

Corporate News 08 Jun 2017 | 10:48 AM

Monorail trains built for Prasarana are ‘fit for operation’ - Scomi

KUALA LUMPUR: Scomi Engineering Bhd (SEB), whose subsidiary made the four-car train sets that are currently grounded by Rapid Rail Sdn Bhd, said these trains are “fit for operation” based on full inspection being carried out.

Business 23 May 2017 | 12:00 AM

SPAD to appoint external auditor

PETALING JAYA: For the first time, the Land Public Transport Commission (SPAD) will appoint an independent technical auditor to assess key aspects of Kuala Lumpur’s multi-billion-ringgit rail lines

Corporate News 11 May 2017 | 5:47 AM

Boeing suspends 737 MAX flights due to engine issue

KUALA LUMPUR: Boeing Co has temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co and Safran SA of France, just as Malindo Air was set to receive the first delivery on Monday.

Business 10 May 2017 | 10:44 PM

Boeing suspends 737 MAX flights due to engine issue

SEATTLE: Boeing Co said on Wednesday it had temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co and Safran SA of France. The grounding comes days before Boeing was due to deliver its first 737 MAX to an airline and marks a high-profile delay in a program that Boeing had said was ahead of schedule.

Corporate News 27 Apr 2017 | 6:53 AM

Airbus Q1 profit slides on weak pricing, higher costs

PARIS: Europe's Airbus on Thursday posted a steeper than expected 52% drop in first-quarter profit, weighed by weaker prices as it changes to new models and higher production costs, but reaffirmed targets for higher profits for the year.

Corporate News 26 Mar 2017 | 10:48 PM

Uber suspends self-driving car programme after Arizona crash

Uber Technologies Inc suspended its pilot programme for driverless cars on Saturday after a vehicle equipped with the nascent technology crashed on an Arizona roadway, the ride-hailing company and local police said.

Business 16 May 2016 | 7:54 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Corporate News 16 May 2016 | 5:44 AM

Boeing's 787 Dreamliner faces new challenge: slow sales

SEATTLE: Boeing Co's high-tech 787 Dreamliner has had its share of trouble, from early production delays to batteries that smoked and burned, grounding the worldwide fleet for months in 2013. Now the company's flagship plane is facing a new challenge: slowing sales.