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World

Obama seen weathering fallout from failed plane attack

WASHINGTON (Reuters) - National security has jumped to the top of U.S. President Barack Obama's agenda, but it is unlikely to distract him from overhauling healthcare and tackling double-digit unemployment over the long term.

Business

M3nergy looking to expand into Indonesia

KUALA LUMPUR: Oil and gas field services provider M3nergy Bhd is looking to participate in Indonesian tenders to expand its floating, production, storage and off-loading (FPSO) business.

World

Oil world says fossil fuels most realistic for now

LONDON (Reuters) - The world must invest heavily in fossil fuels or face an energy crisis, said leaders of the oil industry gathered in London this week as they voiced scepticism about prospects for a climate change deal in Copenhagen.

World

ANALYSIS - McChrystal is the talk of Washington

WASHINGTON (Reuters) - Nothing gets Washington's attention like a loud public debate among powerful figures, which is why U.S. Army General Stanley McChrystal is the talk of the town.

Business

Oilcorp share price down 15%

PETALING JAYA: Spooked by the spectre of Oilcorp Bhd slipping into Practice Note 17 (PN17) status, investors sold down the stock yesterday, loping as much as 20% off the share price before the counter closed at 26.5 sen, a fall of 5 sen or 15%.

Business

MARC downgrades Oilcorp Islamic notes

PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has downgraded its ratings on Oilcorp Bhd's RM70mil Murabahah underwritten notes issuance facility/Islamic medium-term notes facility (MUNIF/IMTN) to MARC-4ID/BBID from MARC-2ID/A-ID due to deteriorating liquidity position and to account for the company's limited options to stabilise its credit profile.

Lifestyle

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Hollywood fare from Septembertill December.

World

Holiday unlikely to be restful for President Obama

WASHINGTON (Reuters) - His healthcare reform plan is stumbling, the economy is still sputtering and violence is up in Iraq and Afghanistan. Who would not want a break?

World

ANALYSIS - The summer blues: What's a U.S. president to do?

WASHINGTON (Reuters) - It's as certain as death and taxes. Presidents have periods of popularity and then periods of not so much. Barack Obama, his honeymoon with the U.S. public seemingly on the wane, is going through the summer doldrums.

World

ANALYSIS - The summer blues: What's a U.S. president to do?

WASHINGTON (Reuters) - It's as certain as death and taxes. Presidents have periods of popularity and then periods of not so much. Barack Obama, his honeymoon with the U.S. public seemingly on the wane, is going through the summer doldrums.