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Business 31 Jan 2017 | 12:43 AM

Breakfast briefing: Tuesday, January 31

Breakfast briefing: Tuesday, January 31

Corporate News 31 Jan 2017 | 12:37 AM

Goldman CEO takes lead on Wall St in slamming Trump travel ban

NEW YORK: Goldman Sachs Group Inc Chief Executive Lloyd Blankfein became the first major Wall Street leader to speak out against President Donald Trump's order to halt arrivals from several Muslim-majority countries.

Property 31 Jan 2017 | 12:00 AM

Mah Sing shifts gears

PETALING JAYA: Property developer Mah Sing Group Bhd, which is at the last leg of a three-year transformation programme and having hit a sales target of RM1.8bil, is optimistic of matching its performance this year.

Business 31 Jan 2017 | 12:00 AM

Airlines switch flight staff to save crew from Trump ban

FRANKFURT: Major airlines including Deutsche Lufthansa AG and Emirates are modifying staff rosters to keep crew members from getting caught up in President Donald Trump’s executive order barring people from seven predominantly Muslim states from entering the US.

Property 31 Jan 2017 | 12:00 AM

Mieco to gain from high demand, prices of chipboard

PETALING JAYA: Mieco Chipboard Bhd, one of the largest particle board manufacturers in Malaysia, stands to benefit from the increasing demand and higher prices of particle boards in the coming months.

Business 31 Jan 2017 | 12:00 AM

Toyota loses sales crown to Volkswagen

FRANKFURT: Toyota Motor Corp lost its crown as the world’s best-selling automaker to Volkswagen AG (VW), ending the Japanese company’s four-year reign, as they face challenges that range from the threat of trade barriers in the US to slowing demand in China after a tax increase.

Business 31 Jan 2017 | 12:00 AM

Trump travel ban stirs faint corporate outcry beyond Silicon Valley

NEW YORK: Most US corporate bosses have stayed silent on President Donald Trump’s immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House.

Business 31 Jan 2017 | 12:00 AM

Sony to take US$1bil writedown on movie business

TOKYO: Sony Corp said it will take a 112 billion yen (US$1 billion) writedown in its movie business after reviewing the future profitability of its operations.

Business 31 Jan 2017 | 12:00 AM

Election season keeping European’s zombie tax alive

BRUSSELS: An European proposal for a tax on financial transactions is trapped in limbo: financial realities won’t let it come to life while political opportunism is preventing a quick death.

Property 31 Jan 2017 | 12:00 AM

Astino sees more sales to Asean with new plant

SEBERANG JAYA: Roofing product maker Astino Bhd expects the completion of its RM60mil plant in Nibong Tebal in 2019 to help boost its production by 10% from 120,000 tonnes per annum currently.