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Corporate News 25 Aug 2017 | 12:00 AM

Ex-Google engineer hires civil rights lawyer Dhillon

SAN FRANCISCO: The engineer who was fired by Google - after he criticised the company’s diversity policies for ignoring differences between the sexes - hired civil rights lawyer Harmeet Dhillon, who was widely reported months ago to be a contender for a top job in the US Justice Department

Economy 25 Aug 2017 | 3:05 PM

At Jackson Hole, Yellen defends post-crisis regulations

WASHINGTON: Federal Reserve chair Janet Yellen on Friday defended regulations put in place after the 2008 financial meltdown, saying they promoted both stability and economic growth.

Business 26 Aug 2017 | 12:00 AM

Driverless cars confront rules written for humans

WASHINGTON: When the US government finally got around to regulating auto safety in 1967, it insisted that every car have seatbelts and that the steering column be engineered to absorb impact so it wouldn’t spear the driver.

Corporate News 26 Aug 2017 | 12:00 AM

Suria Capital bags RM50mil contract from Transport Ministry

KUALA LUMPUR: Suria Capital Holdings Bhd has bagged a RM49.5mil contract to undertake upgrading works at the Gorge Line area between the Halogilat (KM111) and Tenom railway stations (KM137.9) on behalf of the Sabah Railway Department.

Corporate News 26 Aug 2017 | 12:00 AM

Wahid gets moving to boost returns for PNB

IT is to no one’s surprise that Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar is back in his element. A veteran of rebuilding companies and creating value, Wahid is busy shuffling between the meeting rooms on the fourth floor of the fund’s headquarters in Kuala Lumpur.

Analyst Reports 28 Aug 2017 | 1:20 AM

Trading ideas: Westports, AWC, AirAsia, Sime Darby

KUALA LUMPUR: JF Apex Research expects Wesports, AWC, AirAsia, Sime Darby and Suria Capital to attract trading interest on Monday following their corporate news.

Corporate News 28 Aug 2017 | 4:07 AM

AirAsia plans flights from Davao to China, South Korea

MANILA: AirAsia expressed interest in expanding its services in the Philippines to include flights from Davao City to key cities in China, Korea and Malaysia, Department of Finance says in statement.

Markets 28 Aug 2017 | 10:49 PM

Harvey's rains shut in more U.S. refineries, sending fuel prices higher

HOUSTON: U.S. fuel prices surged on Monday as two more Gulf Coast refiners cut output and a third considered reductions, leaving more than 13 percent of the country's refining capacity offline after Tropical Storm Harvey flooded plants and shut seaports.

Commodities 29 Aug 2017 | 10:58 PM

Oil price dips Wednesday as US floods cause large-scale refinery shutdowns(Update)

SINGAPORE: Oil prices slid on Wednesday as refinery shutdowns in the wake of Hurricane Harvey cut U.S. demand for crude, the most important feedstock for the petroleum industry.

Economy 30 Aug 2017 | 4:16 AM

Malaysia's F&B establishments show steady growth

PUTRAJAYA: There were 167,490 food and beverage establishments in 2015, representing an annual growth rate of 5.1% since 2010, census results by the Department of Statistics Malaysia showed