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THE oil and gas sector on the KL stock market, dampened by low oil prices and a weak ringgit, may be shunned for the moment, but not Muhibbah Engineering Bhd: it is positioning itself as a beneficiary of the strong US dollar and one of the main sub-contractors for the massive Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor.
REVIEW: The latest economic data filtered out from China, showing weak manufacturing figures and the big drop in Chinese stocks, drove overnight Wall Street down a hefty 530.94 points to 16,459.75 the previous Friday, its sharpest one-day fall in almost four years in a broad-based sell-off.
BOSTON (Reuters) - When Pope Francis makes his first visit to the United States this month he will face a national Catholic Church whose finances are staggering under a shrinking membership and huge payouts to sex-abuse victims, threatening to undermine its social influence.
MANCHESTER (Reuters) - Major League Soccer commissioner Don Garber hopes that the next leader of FIFA will allow the North American league to continue with its unique business structure and not force it to fall in line with other leagues.