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Business 27 Jul 2019 | 12:00 AM

Billionaire Agarwal walks away from Anglo American stake

LONDON: Indian billionaire Anil Agarwal, once the biggest shareholder in Anglo American Plc, plans to exit his stake in the diversified mining company.

Business 27 Jul 2019 | 12:00 AM

Vodafone to create separate towers company

LONDON: Vodafone Group Plc plans to carve out its phone towers into a new business and consider an initial public offering or minority stake sale to lower debt.

Business 27 Jul 2019 | 12:00 AM

Oil ekes out weekly gain as US stockpiles fall

SINGAPORE: Oil is set for a weekly increase as US crude stockpiles tighten and as lingering tensions surrounding Iran stoke concerns that energy flows from the Middle East may be disrupted.

Business 27 Jul 2019 | 12:00 AM

Economy likely to get worse before it improves

IF anybody had been waiting for confirmation that more is to come from the current slowing economic environment, they need not go further than to scrutinise the statement by Finance Minister Lim Guan Eng.

The Bitter Truth 27 Jul 2019 | 12:00 AM

The bitter truth about sugar

Watch out for that sugar intake or risk health complications later on.

Business 28 Jul 2019 | 10:42 PM

US, China move trade talks to Shanghai amid deal pessimism

BEIJING/WASHINGTON: U.S. and Chinese trade negotiators shift to Shanghai this week for their first in-person talks since a G20 truce last month, a change of scenery for two sides struggling to resolve deep differences on how to end a year-long trade war.

Business 29 Jul 2019 | 5:29 AM

A Fed interest rate cut is in the bag. What then?

SAN FRANCISCO: US central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That's the easy part.