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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.
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.
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
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
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.
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.
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.