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KUALA LUMPUR: UMW Holdings Bhd sees a challenging year ahead after earnings in the first quarter was halved due to lower sales of new car and weaker results from its heavy equipment business.
NEW DELHI: India will not let its "pride be hurt" in its latest border flareups with China but is determined to settle the dispute through talks between the giant neighbours, Defence Minister Rajnath Singh (pic) has said on Sunday (May 31).
CAIRO (Reuters) - Russian fighters in Libya were flow out a town south of Tripoli by their Libyan allies after retreating from frontlines at the capital, the town's mayor said.
JAKARTA (The Jakarta Post/ANN): Fitch Solutions has forecast Indonesia’s GDP to contract by 1.3 per cent this year, compared with 2.8 per cent economic growth in its previous projection, as the country is likely to see a slow recovery and remain under lockdown for a prolonged period.
THE oil glut of the last decade, which started in late 2014, had forced many oil and gas companies to relook their business strategies. This include the move to rationalise their then bloated manpower and operating expenses.
PETALING JAYA: The outlook remains challenging for UMW Holdings Bhd due to the impact of the worsening coronavirus disease (Covid-19).
LONDON (AFP): Given China's economic heft and position at the nexus of global supply chains, the new strain of coronavirus is affecting companies far and wide and in multiple sectors.
LONDON (AFP): Given China's economic heft and position in the nexus of global supply chains, the new strain of coronavirus is affecting companies from far and wide in multiple sectors.