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Last Sunday, I dragged my wife to Old Town, Petaling Jaya to buy water containers due to the severe warnings by Public Waterworks Department of a water supply interruption for up to three days.
BERLIN: Bayer AG is facing mounting opposition ahead of what’s shaping up to be its most contentious annual meeting in years, with influential shareholders faulting management for failing to foresee the risks of the company’s biggest deal.
BENGALURU: A private equity-led consortium has agreed to buy Inmarsat Plc for about US$3.4bil in cash after the British satellite operator last year rebuffed a slightly lower bid from US rival EchoStar.
LONDON: UK satellite company Inmarsat Plc is in takeover discussions after receiving a proposal for about US$3.3bil from a group of private equity and pension funds.
HONG KONG: Canada Pension Plan Investment Board, which manages around C$368.5 billion ($277 billion), is considering opening its first office in China as it seeks greater exposure to the world’s second-largest economy.
NEW YORK: Federal Reserve Chairman Jerome Powell gave a brief but positive assessment of the economy at an event organized for educators
SEATTLE: Microsoft Corp said it will spend US$500mil to develop affordable housing in the Seattle area, responding to a growing regional housing crisis that has strained the finances of many lower and middle-income residents.