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RIO DE JANEIRO: Petrobras shares plunged 22% on Monday, wiping out 71 billion reais (US$13bil) in market value, as Brazilian President Jair Bolsonaro again slammed its pricing policies after he replaced the state-controlled oil company’s market-friendly chief executive officer with a retired army general.
KUALA LUMPUR: Phamaniaga Bhd has the capacity to manufacture two million doses of Covid-19 vaccine developed by China’s Sinovac Life Sciences Co Ltd per month beginning March this year.
KUALA LUMPUR: Pharmaniaga Bhd has the capacity to manufacture two million doses of COVID-19 vaccine developed by Sinovac Life Sciences Co Ltd per month beginning March this year.
TOKYO: Yoshihide Suga, on course to become Japan’s next prime minister, said he would maintain incumbent premier Shinzo Abe’s policy prioritising economic growth over efforts to fix the country’s tattered finances.
TOKYO: Japanese former Defence Minister Shigeru Ishiba, a favourite in opinion polls to become the next premier, told Reuters on Monday Tokyo should deepen ties with Asian neighbours, including South Korea, amid growing tension between China and the United States.
PARIS: A French emergency plan for the aerospace industry to be unveiled this week could be worth up to 10 billion euros (£8.91 billion), including an expected 1 billion euro investment fund, business newspaper Les Echos reported on Sunday.
KUALA LUMPUR: The government’s move to allow selected economic sectors to commence operations in stages amid the extension in the movement control order (MCO) is positive for private consumption and its spillover effects on the economy.
TOKYO: Waking from a week-long national holiday, Japan’s institutions are being spurred into action by Carlos Ghosn’s daring escape, which has shocked the nation and exposed shortfalls in its bail system and border control.
MOSCOW/KIEV: Russia and Ukraine swapped dozens of prisoners on Saturday in a carefully-negotiated rapprochement that brought Western praise and could thaw a freeze in relations since Moscow's annexation of the Crimea region in 2014.
KUALA LUMPUR: Malaysia is in talks with at last six countries on the possibility of using palm oil to pay for arms, as Southeast Asia's third-biggest economy seeks to replace old equipment to boost its defence capabilitiesKUALA LUMPUR: Malaysia is in talks with at last six countries on the possibility of using palm oil to pay for arms, as Southeast Asia's third-biggest economy seeks to replace old equipment to boost its defence capabilities