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Things should be clearer when the billionaire releases his annual letter to Berkshire shareholders soon
MONTREAL: Air Canada’s chief executive and a top union official expressed confidence Ottawa would provide an aid package for airlines after the carrier reported its biggest annual loss in at least 19 years due to Covid-19.
PETALING JAYA: Numbers forecast operators’ (NFOs) 2021 core earnings per share (EPS) could be hit by up to 27%, as a result of the operational disruptions caused by the reimplementation of the movement control order (MCO).
“UNPRECEDENTED” might be judged the most used adjective of 2020, and too often for dire reasons. Yet the end of last year brought one more occasion to use the word, when the leaders of 14 countries put forward a new ocean action agenda underpinned by sustainably managing 100% of national waters.
Failure to comply may result in severe consequences
KUCHING: Serba Dinamik Holdings Bhd will spend RM100mil on the revival project of its recently-acquired Teluk Ramunia (TR) yard in Kota Tinggi, Johor.
BEIJING: China’s consumption is gradually returning to normal levels with the restoration of consumer confidence, as policies further heightened market expectations for a rebound in consumption.
AFTER a tumultuous 2020, a better outlook awaits Asian companies, on expectation of a recovery in the macro economy and corporate earnings.
FOR General Electric Co (GE), a true recovery “must entail a restoration of credibility and a reckoning with the tendency toward obfuscation that allowed its cash-flow and balance-sheet challenges to lurk beneath the surface for so long.