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Business 13 Jun 2019 | 12:00 AM

Reckitt picks PepsiCo’s Narasimhan as CEO

LONDON: Reckitt Benckiser Group Plc named PepsiCo Inc’s Laxman Narasimhan as its next chief executive officer, looking outside its own ranks for a successor to Rakesh Kapoor after a difficult few years.

Business 13 Jun 2019 | 10:35 AM

RAM Ratings sees loan growth below 5% after softer earnings

KUALA LUMPUR: RAM Ratings expects some downside risk to its 5% loan growth projection for 2019 due to softer earnings in the quarter ended March 31 and also the cautious environment from the US-China trade war.

Other Sport 14 Jun 2019 | 12:54 AM

Tsitsipas begins grass court season with shock defeat in Rosmalen

(Reuters) - Greek world number six Stefanos Tsitsipas' Wimbledon preparations suffered a blow on Thursday when he crashed to a 6-4 3-6 6-4 defeat against Chilean Nicolas Jarry in the second round of the Libema Open in Rosmalen.

Business 14 Jun 2019 | 5:45 AM

UOB Kay Hian Research cautious over surge in cement companies' prices

KUALA LUMPUR: UOB Kay Hian Malaysia Research has cautioned investors the surge in share prices of cement companies amid speculation of cement prices rising by up to RM80 a tonne (40%) as “unwarranted”.

Business 14 Jun 2019 | 10:44 PM

Global stocks, Wall St dip as Fed meeting looms

NEW YORK: U.S. stocks ended nominally lower on Friday as investors awaited next week's Federal Reserve meeting for signs of imminent easing, while the U.S.-Iran confrontation in the Gulf of Oman added to geopolitical uncertainty, sending oil prices higher.

Nation 16 Jun 2019 | 12:00 AM

Youth of the nation

THE world is your oyster, or so people say when you are young and fresh out of school.

World 16 Jun 2019 | 1:40 AM

India aims to provide clean water to all rural houses by 2024

NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi said on Saturday that piped water will reach all homes in the countryside by 2024, setting a tough target at a time when hundreds of millions don't have access to clean water.

Football 16 Jun 2019 | 9:32 AM

Martinez cracker helps Colombia past Argentina

SALVADOR, Brazil (Reuters) - Roger Martinez scored an outstanding goal as Colombia beat Argentina 2-0 in an exciting finale to a Copa America Group B opener on Saturday that burst into life after a sluggish start.

Business 19 Jun 2019 | 12:00 AM

Property malaise in last deflation outpost

ABU DHABI: Sidelined for now in the global economy, deflation is having a second act in the Gulf.

Business 19 Jun 2019 | 1:13 AM

Japan exports slide for sixth month as trade troubles knock demand(Update)

TOKYO: Japan's exports fell for a sixth straight month in May as China-bound shipments of semiconductor manufacturing equipment and car parts weakened, in a sign of a deteriorating outlook for growth as the trade-reliant economy faces persistent pressure from slowing external demand.