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NEW YORK: Microsoft Corp posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as demand soared for the software giant's cloud-based services.
BEIJING: Meituan has shed more than $60 billion of its market value over two frenetic trading sessions, after Beijing unveiled sweeping reforms against private-sector companies that darkened the outlook for the world’s No 2 economy.
KUALA LUMPUR: Asean countries need to consider applying standardisation and consistency in the standard operating procedures (SOPs) requirement within the intra-Asean travel bubble for better recovery in the tourism industry, said AirAsia Malaysia chief executive officer Riad Asmat.
KUALA LUMPUR: The ongoing Covid-19 pandemic dealt a severe blow to graduates seeking for jobs last year as the number of them being unemployed increased by 22.5% or 37,200 to 202,400, the Statistics Department said.
KUALA LUMPUR: The expected delay for Edra Energy Sdn Bhd to start its 2,242MW combined-cycle, gas turbine (CCGT) power plant in Alor Gajah, Melaka will not pose a credit concern in the immediate term, according to RAM Ratings.
LONDON: Britain’s biggest financial institutions are on track to meet the Bank of England’s (BoE) deadline to be ready for negative interest rates, giving authorities another tool to aid the economy if the recovery fades.
KUALA LUMPUR: The expected delay for Edra Energy Sdn Bhd to start its 2,242 MW combined-cycle, gas turbine (CCGT) power plant in Alor Gajah, Melaka will not pose a credit concern in the immediate term, according to RAM Ratings.
WASHINGTON: Top infectious disease official Anthony Fauci said on Sunday that Americans who are immune compromised may end up needing COVID-19 vaccine booster shots as the United States deals with increasing cases from the Delta variant of the coronavirus.