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Technology 28 Jan 2016 | 8:23 AM

Spotify gathering US$500mil growth investment: Swedish media

Sweden’s world number one music streaming provider Spotify is on the point of raising US$500mil (RM2.10bil) in investor notes in order to underpin projected future growth, the Svenska Dagbladet daily reported.

Business 28 Jan 2016 | 10:58 PM

Billionaire Warren Buffett, Schwarzenegger reunite on 'Celebrity Apprentice'

NEW YORK: Billionaire investor Warren Buffett has signed on as an advisor on the eighth season of NBC's "The Celebrity Apprentice," more than a decade after advising new host Arnold Schwarzenegger during his successful 2003 run to become California's governor.

Business 28 Jan 2016 | 11:03 PM

Facebook 'likes' push Wall Street higher

NEW YORK: Wall Street climbed on Thursday as a blockbuster quarterly report from Facebook drove tech shares higher and a bounce in oil prices propped up the beleaguered energy sector.

Business 28 Jan 2016 | 11:07 PM

NYSE calls for coordination among exchanges to ease volatility

NEW YORK: The New York Stock Exchange on Thursday recommended reforms to the U.S. equities market which it said could improve stability and prevent a repeat of the wild price swings seen on Aug. 24 during a near-unprecedented bout of volatility

Business 28 Jan 2016 | 11:10 PM

Oil extends rise in early Asian trade Friday(Update)

SEOUL: U.S. crude oil futures extended gains on Friday to take their weekly rise to more than 4 percent on hopes of a global deal between oil-producing countries to help tackle a growing supply glut

Business 29 Jan 2016 | 12:00 AM

Malaysia's Axiata, Indian Bharti Artel merge units in Bangladesh

PETALING JAYA: Axiata Group Bhd and Bharti Airtel Ltd have signed a definitive agreement to merge their respective telecommunications units in Bangladesh, Robi Axiata Ltd and Airtel Bangladesh Ltd.

Business 29 Jan 2016 | 12:00 AM

MPI Q2 earnings surge to RM33mil

KUALA LUMPUR: Chip maker Malaysia Pacific Industry Bhd (MPI) reported a surge in its earnings to RM32.93mil in the second quarter ended Dec 31, 2015.

Nation 29 Jan 2016 | 12:00 AM

Welcome news for SMEs and startups

PETALING JAYA: The Prime Minister’s announcement to inject another RM6bil into government agencies intended to help small and medium enterprises (SMEs) and startups has swept away earlier worries of the community.

Business 29 Jan 2016 | 12:00 AM

Safeguards crucial for telco spectrum auction plan

IT is no surprise that the Government’s decision to use the auctioning of telecommunications spectrum as a fund raising exercise has rocked the industry. At the end of the trading session yesterday the four large listed telco’s on Bursa Malaysia contributed to a shedding of 17 points from the KLCI.

Business 29 Jan 2016 | 12:00 AM

TNB net profit dims

PETALING JAYA: Tenaga Nasional Bhd’s net profit dimmed by almost 16% to RM1.98bil in its first quarter ended Nov 30, 2015 year-on-year mainly due to foreign exchange (forex) losses and lower revenue due to imbalance cost pass-through (ICPT).