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LONDON: The Lloyd’s of London insurance market has apologised for its “shameful” role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities and organisations promoting opportunities for black and ethnic minority groups.
ALZHEIMER’S disease, a condition where the patient suffers from memory loss due to brain cell malfunction, is often associated with older people. But younger people can also be affected by this irreversible and progressive degenerative disease.
HONG KONG: Noble Group, Asia's biggest commodities trader, expects to ride out the market downturn and recover from recent accounting-related allegations by being nimbler and asset-light, its founder and chairman Richard Elman told Reuters in an interview.
KUALA LUMPUR: Golden Corporate Heritage Sdn Bhd's RM1.2bil development to turn parts of Malacca into an Arab City by 2012 is progressing well, said managing director Hesham Fathi.
WITH Teh Lip Kim at the helm of Selangor Dredging Bhd (SDB), attention to details and uncompromising quality have become the group-wide corporate focus.
Chicago city's municipality, which faces a shortfall of about RM800mil in its budget next year, has found a new way to raise cash for its cultural programmes. The answer is auctioning the city's artefacts, and the big sale by the company Auction For Everybody hopes to raise about RM1mil.