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NEW YORK: The chief executive of Brooks Running is projecting double-digit sales growth through 2021 as the coronavirus pandemic spurs more people to run when they're not staying home
Double-digit growth seen next year on improving economy
SHARES in Top Glove Corp Bhd buckled this week as the company’s sprawling manufacturing site in Klang, Selangor was put under enhanced movement control order (EMCO) for two weeks since Nov 17 following a surge in new Covid-19 cases.
KUALA LUMPUR: Top Glove Corp Bhd said it has temporarily shutdown 16 facilities in Klang since Nov 18, while the remaining 12 plants in the location are operating at reduced capacities.
Both the digital transformation disruption and Covid-19 pandemic have accelerated the rise of automation and concerns about job losses.
WASHINGTON/SEATTLE: After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co is set on Wednesday to win approval from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters.
NEW YORK: Wall Street ended sharply lower on Thursday as U.S. coronavirus infections surged and investors weighed the timeline for the mass rollout of an effective vaccine.
SYDNEY: A sharp fall in passenger flights due to the coronavirus pandemic combined with rising e-commerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into the peak Christmas season.
THE already bumpy road to economic recovery may turn bumpier as the headwinds blow harder. The resurgence of Covid-19 cases is threatening the country’s path to recovery, raising concerns over the survival of businesses and the people’s willingness to spend.
KUALA LUMPUR: The weightage of glove counters in the KLCI may possibly increase to 30% to 40% from 15% currently if Supermax Corp Bhd and Kossan Rubber Industries Bhd are added to the 30-stock index.