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Brexit talks enter key week
LONDON: The UK and European Union are starting a key week of Brexit talks, with the bloc stiffening its demands over how any trade deal will be enforced after losing trust in Boris Johnson because of his attempt to rewrite last year’s divorce agreement.
UK ramps up no deal preparations as EU trade talks stall
LONDON: Britain will tell the European Union on Tuesday that progress must be made in trade talks this week or the government will step up preparations to leave the bloc without a deal as the time ticks down to an end-of-year deadline.
Businesses get a helping hand
Visa campaign to support local retailers and assist them in digital transition
MSCM ventures into RM80BIL healthcare industry
Public-listed group’s subsidiary HS Bio Supplies partners with eMedAsia
Demand for new vehicles seen promising
PETALING JAYA: Demand for new vehicles is expected to remain promising in the final quarter of this year despite the cessation of the six-month moratorium, as customers continue to seek affordable or even used cars in light of the current economic uncertainty.
Reliance buys 60% in online pharmacy for US$83mil
BENGALURU: India’s Reliance Industries Ltd has bought a majority stake in online pharmacy Netmeds for 6.2 billion rupees (US$83mil), facing up to Amazon.com in the competition for the country’s fast-expanding online drug market.
Aircraft-related firms plan for US$60bil in lost sales
BENGALURU: Maintenance firms and spare parts producers who keep airplanes running are bracing for a decline of up to 75% in sales this year - and more pain to follow - as airlines park or retire thousands of aircraft due to the coronavirus pandemic.
Global Forex Market
AMID a short working week due to Memorial Day, the US dollar witnessed a sell-off, losing 1.48% to 98.38, underpinned by global risk-on sentiment – which led to robust buying in the equity space with the Dow Jones rising 3.8% week-on-week (w/w) to 25,401 while the S&P 500 climbing 2.5% w/w to 3,030.
