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LONDON: Man Group is set to post an increase in client outflows on Friday, showing that new chief executive Many Roman still has much work to do to turn around the hedge fund manager's fortunes.
HONG KONG: Shares of Man Wah Holdings Ltd sank in Hong Kong after short seller Muddy Waters questioned the firm’s profitability.
KUALA LUMPUR: Telecommunications industruy veteran Rosli Man has been appointed chairman of Telekom Malaysia Bhd (TM) with effect from Monday, taking over from Tan Sri Dr Sulaiman Mahbob.
PETALING JAYA: Telekom Malaysia Bhd (TM) announced the departure of Tan Sri Sulaiman Mahbob as the chairman the company with effect from Nov 30 and the appointment of a new chairman, Rosli Man, effective yesterday.
FRANKFURT: Volkswagen AG’s (VW) MAN unit is sticking to a profitability target it fell short of for years amid painful cost-cutting, underscoring the ambitious goal of the German automaker’s truck division to generate industry-leading returns as it prepares for a possible share sale.
HE is a man of taste and ideas. Well-travelled and worldly, this owner knew exactly what he wanted and he went out to build one of the finest dwellings that have ever stood in Damansara Heights. But circumstances have a strange way of making plans go awry. And so man may build. But he need not necessarily be the one to enjoy the passion of his labour.
BERLIN (AP) - German truckmaker MAN AG said Monday it would make a euro9.6 billion (US$12.2 billion) offer for Sweden's Scania, a deal that would create Europe's largest maker of commercial vehicles.