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Air of uncertainty weighs heavily on contractors
A STANDING joke among listed company officials these days is to say in jest their company is getting involved in some kind of Covid-19 related business. It doesn’t matter how serious, big or small the venture is, what’s important is making that announcement will likely lead to a surge in the said company’s share price
THE world is “drowning in oil”. This is so often heard nowadays that one wonders how long it will take to soak up all that glut, as prices for US crude plunged to below zero
WASHINGTON/ LOS ANGELES: President Donald Trump on Sunday extended his stay-at-home guidelines until the end of April, dropping a hotly criticized plan to get the economy up and running by mid-April after a top medical adviser said more than 100,000 Americans could die from the coronavirus outbreak.
WASHINGTON/CHICAGO: U.S. deaths from coronavirus could reach 200,000 with millions of cases, the government's top infectious diseases expert warned on Sunday as New York, New Orleans and other major cities pleaded for more medical supplies.
WHILE global markets are still reeling from the spread of the novel coronavirus (Covid-19), the collapse in the oil price was like a kick in the teeth for Malaysia and the world.
IMAGINE having to pay RM150 for a seat at your local cinema, or even RM120. As it is seldom that you would watch a movie alone, be prepared to fork out RM240 to RM300 for a movie with your loved ones – girlfriends, wives or anyone you consider worthy of spending two intimate hours with at the Aurum Theatre in The Gardens Mall, next to Mid Valley Megamall.
Masayoshi Son could be on track for the biggest triumph of his career. Or the biggest failure. His decision to jump in and save a drowning unicorn, WeWork, goes against the precepts of the SoftBank Vision Fund that he founded, and could cause reputational damage worth more than the billions of dollars in this one deal.
Fears of a major downturn in euro zone powerhouse Germany grew this week following "scary" industrial output figures for June and reports due over the coming week that will hold those concerns up to the light.