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Markets 25 Feb 2019 | 11:20 PM

Buffett says Berkshire overpaid for Kraft Heinz

NEW YORK: Warren Buffett said on Monday his Berkshire Hathaway Inc overpaid in the 2015 merger that created Kraft Heinz Co, but he had no plans to flee the struggling packaged foods company.

AseanPlus News 25 Feb 2019 | 11:17 PM

Paul Stadlen, former media adviser to ousted Malaysian leader Najib Razak, suspected of laundering US$3.6 million

The British national is believed to be hiding in the United Kingdom after fleeing Malaysia last year Najib has spoken out in defence of his former employee, saying that the US$3.6 million was payment for “several years of work”

World 25 Feb 2019 | 8:43 PM

Germany's SPD wants to extend Saudi arms export halt despite UK-French pressure

BERLIN (Reuters) - The Social Democrats, junior partners in Germany's ruling coalition, want to extend a freeze on arms exports to Saudi Arabia beyond March 9, despite pressure by Britain and France not to do so and a risk of costly compensation claims.

Football 25 Feb 2019 | 8:10 PM

Talking points from the Premier League weekend

MANCHESTER, England (Reuters) - Liverpool, who drew 0-0 at Manchester United, gained a one point lead at the top of the Premier League while title rivals Manchester City grabbed some silverware with a penalty shootout win in the League Cup final over Chelsea.

World 25 Feb 2019 | 6:13 PM

Pakistan court rejects former PM Sharif's bail plea

ISLAMABAD (Reuters) - A Pakistani court on Monday rejected a plea by former Prime Minister Nawaz Sharif to be released on bail and have a seven-year prison term over the ownership of a steel mill in Saudi Arabia suspended, court documents showed.

World 25 Feb 2019 | 4:56 PM

Sanctions still biting but pressure waning ahead of Trump-Kim summit

HANOI (Reuters) - U.S. President Donald Trump says sanctions on North Korea are "on in full" ahead of his summit with leader Kim Jong Un in Hanoi this week, but analysts say time is running out on Washington's "maximum pressure" campaign.

TECH 25 Feb 2019 | 10:52 AM

Uber in talks to sell India food-delivery business

Less than two years after Uber Technologies Inc entered India’s competitive food-delivery business, it’s in talks to sell its Uber Eats operations in the country to rival Swiggy, according to a person familiar with the negotiations.

TECH 25 Feb 2019 | 10:09 AM

China’s technology challenge is bigger than just Huawei, British spymaster says

The West needs to understand that the challenge of China’s technological revolution runs much deeper than Huawei’s row with the United States over intellectual property theft and state espionage, one of Britain’s top spies said.

TECH 25 Feb 2019 | 9:54 AM

Sony revitalises smartphone franchise with movie-style screens

Japan’s Sony, which has fallen way behind its South Korean and Chinese rivals in the smartphone sales race, aims to capitalise on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.

Nation 25 Feb 2019 | 9:09 AM

Factory inspired by Dr M invites him to open extension

KLANG: It all started about 40 years ago when Tun Dr Mahathir Mohammad had given a talk in Manchester, England to lure direct foreign investments in the country.