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Washington: Fannie Mae and Freddie Mac’s watchdog has a vision for ending US control of the mortgage giants that hinges on the companies holding more capital. But that dream could run into a cold political reality of making home loans more expensive as President Donald Trump ramps up his re-election bid.
KUALA LUMPUR: Telecommunication conglomerate Axiata Group Bhd will officially launch Axiata Academy in the third quarter of this year in an effort to build up its own talent pool especially in new technologies such as artificial technology (AI) that has become a strategic priority for most companies and countries in the world.
TOKYO: Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will tie up with Chinese battery makers to accommodate an accelerated shift to electric power.
LONDON: Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels.