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SHANGHAI: Alibaba Group Holding Ltd will take a 14% stake in STO Express Co Ltd through a US$693mil deal, the e-commerce giant’s fourth significant investment in a Chinese courier company.
KUALA LUMPUR: The Government is considering whether to increase the fares of express buses to help bus drivers and operators, says the Transport Ministry.
NEW YORK: Activist investor Carl Icahn on Tuesday urged Cigna Corp shareholders to vote against the health insurer's $52 billion purchase of Express Scripts Holding Co, citing regulatory hurdles and the growing threat from Amazon.
PETALING JAYA: Express bus operators may be facing a driver shortage during the Hari Raya holidays, claiming they do not have enough money to convince them to stick around.
BELAGA: An express boat, jam-packed with 204 people rushing to get home for the Dayak harvest festival of Gawai, capsized in the middle of the Balui river here with many feared dead, some 400km from Sibu.
KUCHING: Express boats from areas with lesser passengers will be deployed to Sibu and Kapit towns in Sarawak’s central region during this Gawai Dayak festive period to acccomodate the expected increase in the number of passengers.