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KUALA LUMPUR: Shares of Cam Resources Bhd rose 3.3% in early trading after announcing that it planned to build RM19.8mil biogas plant.
KUALA LUMPUR: Honda Malaysia Sdn Bhd has named Toichi Ishiyama as its new managing director and chief executive officer, succeeding Katsuto Hayashi.
CHICAGO: For all the hand-wringing about how Amazon.com Inc’s growth aspirations may hurt other companies, there’s plenty of evidence in third-quarter earnings results that the online retailer isn’t alone in benefiting from robust economic growth.
STOCKHOLM: After a nervous pause following the financial crisis, Sweden’s biggest companies are replacing top executives at a record pace.
SYDNEY: Zurich Insurance has agreed to buy Australia and New Zealand Banking Group’s life insurance arm for A$2.85bil (US$2.1bil), its biggest foray into Australia and its third in the last two years.
SAN FRANCISCO: SpaceX’s launch on Friday evening of a rocket carrying a batch of satellites into low-earth orbit caps a record year for the closely held company led by Elon Musk.
DETROIT: Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as the German carmaker looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.
JAKARTA: Noble Group Ltd’s week of woe just got a lot worse as the trader, which has defaulted and seen founder Richard Elman quit the board, was sued by an Indonesian coal miner for more than US$250mil in a case that may jeopardise some of its remaining business.
Banking group cites more regulation and bank inquiry impact
KUALA LUMPUR: Regional oil refining company Hengyuan Refining Company Bhd has allocated RM700 million in capital expenditure (capex) over the next one to two years to finance two cornerstone projects, said Chairman Wang You De.