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Business 09 Jul 2019 | 8:07 AM Premium

ABB pays up to US$470m to ditch solar converter business

ZURICH: ABB will pay up to $470 million to hand over its loss-making solar inverter business to Italy's FIMER SpA, highlighting the tough conditions in the solar industry where prices have fallen as demand has boomed.

Business 10 Jul 2019 | 12:12 AM Premium

Airbus poised to overtake Boeing as biggest plane maker

Boeing reported no new orders of 737 MAX aircraft for third straight month following two fatal crashes

Business 11 Jul 2019 | 1:05 AM Premium

Domestic airfares soar in Indonesia despite government price cap

SINGAPORE/JAKARTA: When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.

Business 13 Jul 2019 | 12:00 AM Premium

Leave PLUS alone!

Comment - Pankaj C. Kumar PLUS Malaysia Bhd is a national asset owned by all Malaysians via UEM Group Bhd’s 51% stake in the company, which in turn is wholly-owned by Khazanah Nasional, the government’s sovereign wealth fund.

Analysis 14 Jul 2019 | 12:00 AM Premium

Play for Malay votes on Dr M’s birthday

Tun Dr Mahathir Mohamad was flooded with birthday greetings but the Malay parties probably gave him the best present by pushing for a Bill that will inject some 3.9 million new Malay voters into the voting pool.

Business 15 Jul 2019 | 12:00 AM Premium

Coping with the new Earning Stripping Rules

Comment: By TAN HOOI BENG.

Business 15 Jul 2019 | 12:00 AM Premium

Porsche, Ferarri to recall cars in China to replace faulty parts

BEIJING: A unit of Porsche Automobil Holding SE will recall 57,200 imported Cayenne and Panamera cars due to faulty transmission components, while a unit of Ferrari NV will recall 200 vehicles due to faulty airbags.

Business 17 Jul 2019 | 12:01 AM Premium

United tops profit estimates as MAX woes prompt higher fares

NEW YORK: United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity.

Business 17 Jul 2019 | 12:05 AM Premium

Tech giants draw fire in Congress

Lawmakers suggest internet companies need more oversight to ensure competition

Business 17 Jul 2019 | 9:37 AM Premium

Be part of an elite group of high-performers

INTERNATIONAL market research firm Statista is on a search for the fastest-growing companies in Malaysia.