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i>StarBiz/italks to Datuk Amirsham A. Aziz, Piyush Gupta and Tan Sri Teh Hong Piow
DaimlerChrysler, the world's fifth biggest carmaker, is in talks to set up a China production venture to export I>Chrysler /I>cars to the United States, and will decide whether to make that investment in the second half.
News briefs, including from Helsinki that mobile phone maker Nokia forecast strong second-quarter sales yesterday due to solid handset demand and also raised its 2005 industry outlook after beating all profit forecasts in the first quarter.
TBWA-ISC\Malaysia Group bagged a silver award for its Tourism Malaysia advertising campaign at the recent I>Asian Marketing Effectiveness Awards 2006/I>.
Temasek, the Singaporean state investment company, has rejected the chance to acquire a large stake in Rosneft's US$10.4bil initial public offering after deciding the shares in the Russian state-controlled company were over-valued, the I>Financial Times/Ireported in its online edition.
Budget carrier AirAsia plans to add more international destinations from Kuching, starting with Jakarta and Singapore, following the introduction of its Kuching-Macau flight.
TOKYO: Japan's Panasonic Corp <6752.T> plans to shut down its sole European solar cell plant next March and dismiss about 500 workers at the factory, the Nikkei reported. This will leave the company with one solar cell plant each in Japan's Osaka and Shiga prefectures and another in Malaysia, the business newspaper said.
TRANSFORMING Mickey Mouse and Winnie the Pooh into home appliances might indeed seem like a cartoon skit, but that is exactly what entertainment giant Walt Disney and China's Yadu Science and Technology Co Ltd have done.
KFC, Taco Bell and Pizza Hut parent Yum Brands Inc on Wednesday posted higher quarterly earnings and backed its outlook for the year despite a food safety issue in China that is hurting profits there.
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.