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NEW YORK: Oil prices rose more than 2 percent to their highest this year on Friday after an outage at Saudi Arabia's offshore oilfield boosted expectations for tightening supply, while progressing U.S.-Sino trade talks strengthened demand sentiment.
Alibaba has bought an 8% stake in Chinese online video sharing and entertainment service Bilibili for an undisclosed amount, state news agency Xinhua reported.
Facebook Inc, under pressure to reduce harmful, misleading and fake content, said it is exploring removing anti-vaccine information from software systems that recommend other things to read on its social network.
Amazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly US$3bil in incentives promised by state and city politicians.
Samsung Electronics is pouring resources into its telecom network equipment business, aiming to capitalise on the security fears hobbling China's Huawei, according to company officials and other industry executives.
Amazon jilted New York City on Valentine's Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly US$3bil (RM12bil) in tax breaks and the company's anti-union stance.
KUALA LUMPUR (Bernama): The prosecution is seeking to transfer the corruption charges against Datuk Rizal Mansor in connection with a solar energy project in Sarawak to the High Court for a joint trial involving former premier Datuk Seri Najib Tun Razak's wife, Datin Seri Rosmah Mansor.
KUALA LUMPUR: Maxis Bhd, which posted a net profit of RM1.78bil in the financial year ended Dec 31, 2018 (FY18), has announced RM1bil over next three years for incremental capital expenditure (capex) to support its new strategy.