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KUALA LUMPUR: Petra Energy Bhd's subsidiary Petra Energy Development Sdn Bhd has accepted a letter of award from Petronas for the continuation of production in the Banang Field.
US retail sales likely experienced a record rise in May as 2.5 million Americans went back to work, although any rebound will retrace only a fraction of the historic drops in March and April amid the coronavirus lockdowns.
KUALA LUMPUR: Bursa Malaysia bounced higher on Tuesday following the start of the US Federal Reserve's corporate bond-buying programme even as data showed new Covid-19 infections in Beijing are being reined in.
JAKARTA (Jakarta Post/ANN): Indonesia’s economy is expected to contract sharply in the second quarter this year as trade data show that both exports and imports nosedived in May amid a coronavirus-induced global economic slowdown.
DUBLIN (Reuters) - A coalition of Ireland's two dominant centre-right parties and the Green Party agreed a draft programme for government on Monday, pending approval by their respective members in coming weeks.
LONDON: BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a decade ago, as the coronavirus pandemic hurts long-term oil demand and accelerates the shift to cleaner energy.
PETALING JAYA: The resurgence of the coronavirus (Covid-19) infection in Beijing and the drop in oil prices are back as a tag team to batter global markets as they shatter confidence among investors.
PETALING JAYA: Serba Dinamik Holdings Bhd’s proposed acquisition of a fabrication yard at Teluk Ramunia in Johor for RM320mil is seen as fair and would enable it to expand vertically into the upstream segment of the oil and gas sector.
DUBLIN (Reuters) - Ireland's two dominant centre-right parties have agreed to form a coalition for the first time in a deal that will also put the Green Party at the centre of policymaking and end a political stalemate triggered by an inconclusive February election.