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Business

Amazon founder Bezos' divorce final with US$38bil settlement

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.

Business

Berjaya Sports Toto's growth may be unsustainable, says Affin Hwang

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.

Business

Coal gets US$64bil lifeline from G20 governments led by China

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.

Business

For US$60,000, Harvard teaches rich kids how to do good

On a crisp morning last October, a few dozen students with wildly diverse backgrounds and expertise filed into the red-brick building of Harvard University’s Kennedy School. Three things united them: they were young, they wanted to do good and they were all staggeringly wealthy.

SMEBiz

Turning boats into bags, refugee stitches together life in Greece

BENT over a sewing machine, Fariba Amini stitches her latest design using the unlikeliest of fabrics: a sheet from a discarded rubber dinghy, like the one that brought her and thousands more refugees to Greece.

Business

On board the SS Planet Titanic

World Environment Day (June 5) was a good time to reflect on the existential threat of climate change.

Business

Crypto pioneer pays US$4.57mil for lunch with Buffett

Portland: Cryptocurrency pioneer Justin Sun (pic right) bid a record US$4.57mil to have lunch with Warren Buffett, who famously referred to bitcoin as “probably rat poison squared.”

Business

Crypto pioneer Justin Sun pays US$4.57m for Warren Buffett lunch

NEW YORK: Warren Buffett once called bitcoin "probably rat poison squared." He'll now have to dine with one of the cryptocurrency's biggest fans.

Business

Alliance Islamic Bank launches social crowdfunding platform

KUALA LUMPUR: Alliance Islamic Bank Bhd launched its first social crowdfunding platform, SocioBiz, to create greater socioeconomic impact for the financially disadvantaged.

SMEBiz

Factory gives struggling mothers new lease of life

RUAN Meiyin, the director of the Meixiang garment factory in Yangzhong town, Ningde city, Fujian province, says she hopes to help more poor mothers to enjoy a better life.