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Carl Icahn sells Herbalife stake worth US$600milOctogenarian billionaire investor gives up board seats
LOS ANGELES: Billionaire investor Carl Icahn will sell about US$600mil-worth of his stake in Herbalife Nutrition Ltd, further winding down his holdings in the nutritional-supplements company after a tumultuous eight-year investment.
PETALING JAYA: The Covid-19 pandemic has compelled at least six in 10 Malaysians to depend more heavily on the various forms of contactless payment, according to the UOB Asean Consumer Sentiment Study.
KUALA LUMPUR: Almost seven in 10 Malaysian consumers (69 per cent) are buying more from local brands to help these businesses bounce back from the COVID-19 pandemic, according to the UOB ASEAN Consumer Sentiment Study.
KUALA LUMPUR: Kenanga Research expects OCK Group Bhd's overall earnings to remain highly sustainable due to solid recurring revenue streams and potential benefit from upcoming government initiatives.
AS Thanksgiving approaches with the pandemic still raging, we can be grateful that at least one of our basic support systems has operated better than expected: the food supply.
PETALING JAYA: Amway (Malaysia) Holdings Bhd posted a 47.1% year-on-year increase in net profit to RM15.6mil for the third quarter ended Sept 30 due mainly to higher demand for immunity boosting supplements and home appliances amid the Covid-19 pandemic.
KUALA LUMPUR: Amway (Malaysia) Holdings Bhd said strong demand for health supplements and home appliances during the pandemic boosted its quarterly earnings.
HANGZHOU, China: China's Alibaba said orders on its e-commerce platforms during the Singles' Day shopping extravaganza had exceeded $56 billion by Wednesday morning, as lockdown-weary consumers splashed out on as many as 16 million discounted goods.
SVO’s army of agents leverages its digital platform to push products out