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WASHINGTON: ZTE Corp has signed an agreement in principle that would lift a U.S. Commerce Department ban on buying from U.S. suppliers, allowing China's No. 2 telecommunications equipment maker to get back into business, according to sources familiar with the matter.
KUALA LUMPUR: Alan Rajendram the former director of troubled-Linear Corp Bhd finally broke his silence to say that he has signed a personal guarantee to recover the RM36mil paid to Global Investment Group (GIG) if the agreement for the RM1.6bil King Dome project was not signed by November this year.
KUCHING: A series of MoUs, ranging from developing energy storage to human capital development, have been signed at the 4th International Sustainable Energy Summit 2018.
PENERBANGAN Malaysia Bhd (PMB) signed a memorandum of understanding (MoU) yesterday with Airbus to buy six A380-800 passenger aircraft, which can cost up to US$1.5bil.
MALAYSIA Rail Link Sdn Bhd (MRL) would not have signed the East Coast Rail Link (ECRL) project contract if given a choice in the first place, according to sources.
BEIJING: State-owned Sinopec Corp. said Friday it has signed a 20-year contract with Exxon Mobil Corp. to buy gas from Papua New Guinea, in the latest of a flurry of foreign deals to secure fuel for China's booming economy.