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Business

Passport Capital to shut global hedge fund

NEW YORK: John Burbank’s Passport Capital, which shot to fame for its lucrative bet against subprime housing ahead of the global financial crisis, will shutter its flagship hedge fund after returns slumped.

Business

Datasonic seeks settlement over passport booklets deal

KUALA LUMPUR: Datasonic Group Bhd is seeking an amicable settlement with Percetakan Keselamatan Nasional Sdn Bhd (PKN) over the supply of 13.41 million Malaysian passport booklets in 2016.

Business

Iris to promote chip-based passport in West Africa

IRIS Corp Bhd is confident of using Nigeria as a platform to promote greater use of the company#039;s chip-embedded passport system in West African countries.

Business

Iris hit with RM169.5mil suit linked to Guinea e-passport contract

KUALA LUMPUR: Iris Corp Bhd, whose e-passport deal in Guinea has come under the scrutiny of the Malaysian Anti-Corruption Commission, is now being sued for RM169.48mil over alleged commission payable on the passport contract’s value.

Business

BlackBerry sees square screen as Passport in turnaround

TORONTO: BlackBerry Ltd's unconventional square-screened smartphone, the Passport, earned mixed reviews at its launch on Wednesday as the company's turnaround push moved into a critical phase in which it must prove its handsets are still desirable.

Business

HeiTech Padu completes Sri Lanka passport project

HEITECH Padu Bhd, the leading home-grown comprehensive information and communications technology solutions provider, has completed and delivered Sri Lanka's new passport project.

Business

Former IMF leader Strauss-Kahn gets passport back in NY

NEW YORK: Former International Monetary Fund leader Dominique Strauss-Kahn is free to travel the world again after getting his passport back Thursday from prosecutors who dropped a high-profile sexual assault case against him.

Business

Nine in new passport deal race

PETALING JAYA: Two companies, Iris Corp Bhd and Dibena/Datasonic Corp are said to be the front-runners for the job to replace the identification pages (ID) on the Malaysian passport from paper to polycarbonate.

Business

Datasonic secures new RM79.7mil order for passport pages

KUALA LUMPUR: Datasonic Group Bhd, the main contractor for printing and supplying Malaysian international passports since Dec 1 last year, will supply 2.8 million more passport polycarbonate data pages and personalisation services valued at RM79.716mil to the Immigration Department.

Business

Brexit talks must be quick, City of London at risk of losing "EU passport"

PARIS: London's financial centre will lose its prized "EU passport" if Britain fails to secure continued access to the bloc's single market in its exit talks, ECB Governing Council member Francois Villeroy de Galhau said on Saturday.