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Business 18 Feb 2003 | 12:00 AM Premium

Economic impact of war on Iraq worries EU

Overshadowed by the European Union's emergency summit on Iraq, finance ministers were assessing Monday what a war would do to their already shaky economies.

Business 18 Feb 2003 | 12:00 AM Premium

ICI paying dearly for poor investment decisions

THE sharp fall in the share price of Britain#146;s Imperial Chemical Industries (ICI) in recent months is a reminder of how a mighty conglomerate can be brought to its knees by wrong diversification undertaken to appease impatient fund managers.

Business 15 Feb 2003 | 12:00 AM Premium

Tesco looks at concept of value

RETAILING in today's economy may be a tough business, what with the intense competition and price war among players. In terms of growth, the retail business seems to have reached saturation point. Nevertheless, this spectre has not put off Tesco Stores (M) Sdn Bhd.

Business 15 Feb 2003 | 12:00 AM Premium

YTL a Malaysian grown utility giant

After snapping up Wessex Water, Tan Sri Francis Yeoh is thirsting for more utility businesses.

Business 15 Feb 2003 | 12:00 AM Premium

Searching for regulated business

In a wide ranging interview with deputy group chief editor WONG SULONG and reporter LIAU Y-SING, Tan Sri Francis Yeoh talked about the strategic directions of the YTL group. Below are extracts of the interview, which have been updated.

Business 15 Feb 2003 | 12:00 AM Premium

News in brief

News in brief on Rashid Hussain, PH Holdings, Southern Steel and other firms.

Business 13 Feb 2003 | 12:00 AM Premium

BP announces US$6.75bil Russian deal

B>LONDON: /B>BP plc, the world's third largest oil company, has announced a US$6.75bil investment in Russia through a deal with partner TNK, giving a shot in the arm for the nation's economy and for the group's growth prospects.

Business 12 Feb 2003 | 12:00 AM Premium

NewsPage bullish about mobility applications

LEADING wireless application provider NewsPage Pte Ltd is #147;extremely bullish#148; on the adoption of its mobility applications growing exponentially as more enterprises see the need to equip their staff with timely information while on the go.

Business 11 Feb 2003 | 12:00 AM Premium

BA turns around on deep cost cuts

Deep cost-cutting has helped British Airways plc (BA) to post third-quarter results above market expectations, and Europe#8217;s biggest airline said yesterday it expected a full-year profit if there was no war in Iraq.