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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.
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”
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.
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.
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.
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.
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.
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.
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.
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.
