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NEW YORK: For Fed Pacheco, it was a long journey from motocurious to motorcyclist.
PARIS: Ericsson AB chairman Leif Johansson (pic) agreed to step down next year after seven years in the job, completing an overhaul of top management at the embattled Swedish network company.
LONDON: British online grocer Ocado has seen a pick-up in enquiries from US supermarket groups interested in possible partnership deals in the wake of Amazon’s US$13.7bil deal to buy Whole Foods, its boss said yesterday.
LONDON: Vantiv Inc, the US payment processing company, agreed to buy Worldpay Group Plc for £7.7bil (US$9.9bil), two years after the UK financial technology firm went public.
SINGAPORE: Oil prices nudged higher early on Thursday, supported by strong demand in the United States, but analysts cautioned that the outlook was for lower prices due to oversupply.
SINGAPORE: The Industry Briefing for the Kuala Lumpur-Singapore High Speed Rail (KL-SG HSR) project conducted today attracted 165 international and local companies.
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PETALING JAYA: Bina Puri Holdings Bhd’s 80%-owned Indonesian power subsidiary, PT Megapower Makmur Tbk, debuted strongly on the Indonesia Stock Exchange (IDX) today, opening 70% above its offer price.
KUALA LUMPUR: Vitrox Corp Bhd’s quarter-on-quarter (QoQ) revenue growth streak could extend another quarter into 2Q17 (its tenth) on strong order backlog, according to Maybank Investment Bank Research.
KUALA LUMPUR: Aeon Credit Service (M) Bhd’s (ACSM) 1QFY18 net profit of RM75.8mil (+21% on-year) came within MIDF Research and consensus’ expectations at 26.9% and 27.8% of respective full year estimates.