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Banking 21 Sep 2017 | 1:11 AM

Diary Malaysia Thursday Sept 21

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Technology 10 Aug 2017 | 1:11 AM

Facebook makes biggest move to date for TV viewers with expanded video

SAN FRANCISCO: Facebook Inc on Wednesday made its biggest move to date to compete in the television market by expanding its video offerings with programming ranging from professional women's basketball to a safari show and a parenting programme.

Corporate News 03 Aug 2017 | 6:29 AM

Adidas powers ahead in North America and China

BERLIN: German sportswear firm Adidas AG reported another quarter of bumper sales growth in North America and China on Thursday as it took market share from rivals Nike and Under Armour with its retro styles and running sneakers

Business 15 Jun 2017 | 3:46 PM

Nike to cut 2% of workforce, eliminate shoe styles

BENGALURU: Nike Inc said on Thursday it would cut about 2% of its global workforce and eliminate a quarter of its shoe styles as it looks to become nimbler in the face of intensifying competition and fast-changing consumer trends.

Business 20 May 2017 | 12:00 AM

Chelsea Clinton’s husband joins Silicon Valley’s Social Capital

SAN FRANCISCO: The investment firm Social Capital has hired Marc Mezvinsky (pic) as vice-chairman as it expands beyond traditional venture capital.

Banking 30 Apr 2017 | 8:41 AM

Off target in 2016, global elite regroup at Milken conference

BEVERLY HILLS, Calif.: Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate - and profit from - hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth.

Advertising & Media 26 Apr 2017 | 1:48 PM

China’s richest man deepens sports foray with global marathons deal

BEIJING: China’s Dalian Wanda Group, controlled by the country’s richest man Wang Jianlin, has signed a deal to sponsor races with the world’s top organiser, Abbott World Marathon Majors (WMM), the latest move by Wanda to expand its global sports business.

Business 31 Dec 2016 | 12:00 AM

Thohir swoops in on insurance

INDONESIAN businessman Erick Thohir, whose investments have ranged from newspapers to sports teams in the US and Europe, is now betting on life insurance.

Business 30 Dec 2016 | 12:00 AM

Facebook buys Eye Tribe

SAN FRANCISCO: Facebook Inc’s Oculus has acquired The Eye Tribe, a company that tracks eye movement in virtual reality (VR) to improve the experience.

Business 22 Dec 2016 | 12:00 AM

Nike revenue beats forecast, sees rebound in basketball category

BENGALURU: Nike Inc, the world’s largest footwear maker, reported better-than-expected quarterly revenue and profit, and indicated a rebound in its basketball category.