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PARIS: Carrefour, Europe’s largest retailer, delivered its strongest underlying sales growth for at least two decades in the third quarter, reflecting a better performance in its key markets of France, Spain and Brazil.
NEW YORK: Advanced Micro Devices Inc’s (AMD) US$35bil purchase of semiconductor maker Xilinx Inc pushes 2020 toward a record year for chip deals, as large tech companies rush to consolidate the increasingly competitive industry.
KUALA LUMPUR: Lotte Chemical Titan Holding Bhd's operating profit jumped 60% year-on-year (y-o-y) to RM138.2mil in the third quarter ended Sept 30, 2020, due to a better polymer products spread on improved demand.
HSBC Holdings Plc is a bank in limbo. Pandemic-related bad loans have messed up its cost-reduction plan. Coming in the crosshairs of the US-China conflict made investors nervous about the jewel in its crown: the Hong Kong franchise.
Increased investment will boost Malaysian economy but we need to step up our game
PETALING JAYA: The two-year moratorium on the issuance of courier service licences will ease some pressure on earnings for existing players such as Pos Malaysia Bhd and GD Express Carrier Bhd (GDex).
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) posted a small profit in the three-month ended Sept 30 on improved revenue.
KUALA LUMPUR: The Malaysian Communication and Multimedia Commission's (MCMC) two-year moratorium on the issuance of new courier service licences is mildly positive for existing courier service players, including Pos Malaysia, says AmInvestment Bank research.
PETALING JAYA: Despite concerns of average revenue per unit (ARPU) dilution, Maxis Bhd has stayed unscathed thanks to its move to provide converged solutions and maintain network quality.