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LONDON: Oil’s spectacular collapse deepened as widening global efforts to fight the spread of the coronavirus looked set to trigger the most severe contraction in annual oil demand in history.
NEW YORK/LONDON: Bars, restaurants, theatres and cinemas were shutting down in New York, Los Angeles and other global cities to combat the coronavirus pandemic as countries tightened borders and central banks acted aggressively to cushion the economic impact.
THE major shareholders of Chin Hin Group Bhd, a company that built its foundation as a buildings material producer and distributor, seem to be making waves in the corporate world in the last one year.
KUALA LUMPUR: The minority shareholders of mid-sized property company Amverton Bhd have been advised to accept the takeover offer at RM1.20 a share from its founder and controlling shareholder Tan Sri Ng Thian Hock.
Airlines face downsizing, even closure if outbreak persists
KUALA LUMPUR: Amverton Bhd's founder and controlling shareholder Tan Sri Ng Thian Hock's takeover offer for the remaining shares in the mid-sized property company is not fair but reasonable.
ISTANBUL/TOKYO: A Turkish private jet operator said on Friday that ex-Nissan boss Carlos Ghosn used two of its planes illegally in his escape from Japan, with an employee falsifying lease records to exclude his name from the documents.
BEIRUT: Fugitive former Nissan chairman Carlos Ghosn met Lebanon's president after fleeing from Japan, where he was smuggled out of house arrest by a private security company, two sources close to Ghosn said on Wednesday.
PETALING JAYA: 7-Eleven Malaysia Holdings Bhd is looking to get a foothold in the thriving Malaysian pharmaceutical industry following its proposed acquisition of Caring Pharmacy Group Bhd recently.