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PETALING JAYA: Genting Malaysia Bhd is injecting US$40mil (RM174mil) into US-based casino operator Empire Resorts. Inc by subscribing the latter’s preferred stock.
LISBON (Reuters) - Portugal's flag carrier TAP on Monday suspended 2,500 flights scheduled for March-May, after cancelling 1,000 flights for this month and next on Thursday, citing a fall in demand for travel due to the coronavirus outbreak.
The Health portfolio is a crucial one, best suited for a science-driven, results-based, non-partisan health technocrat.
BEIRUT (Reuters) - Hezbollah believes that terms required by any IMF bailout package for Lebanon would spark "a popular revolution", a senior official said on Tuesday, rejecting such a step and calling instead for a "national solution" to a deep economic crisis.
ABUJA: Nigeria will review the sale of power assets to private investors after they have been unable to improve power supply in Africa’s most populous country.
HANOI: Vietnam will more than double its power generation capacity over the next decade to support a fast-growing economy, new guidelines for a national energy development strategy show. The South-East Asian nation aims to boost capacity to 125-130 gigawatts (GW) by 2030, from about 54 GW now.
AMID a sombre property outlook, stockbroking bigwig Datuk Tony Tiah Thee Kian is looking to privatise his property arm TA Global Bhd via flagship financial services company TA Enterprise Bhd.
KUALA LUMPUR: Shares in TA Enterprise Bhd jumped almost 13% in early trade Thursday on its plan to privatise its property arm TA Global Bhd for 28 sen per share.
From YEAP LEAN LEAN of Kampar, Perak.
KUALA LUMPUR: Mercedes Benz vehicle dealer Cycle & Carriage Bintang Bhd (CCB)’s proposed privatisation deal has fallen through after the share capital reduction (SCR) and repayment exercise at RM2.20 per share failed to get a majority vote.