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TAIPEI: Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the Covid-19 coronavirus epidemic.
NEW Delhi (AFP): India's women cricketers could be forgiven for feeling a little jealous during the Twenty20 World Cup in Australia, where the hosts are paid as much as the men and play in front of packed stands.
KUALA LUMPUR: Drugmaker Pharmaniaga Bhd said revenue increased 20% in the last quarter on improved demand, but a huge one-time hit on expenses incurred for the Pharmacy Information System (PhIS) resulted in heavy losses for the company.
HANOI (Bloomberg): The State Bank of Vietnam will order commercial banks to eliminate, cut or delay interest payments on loans to companies struggling with plunging revenue because of the coronavirus outbreak.
Anglo-German chip designer Dialog Semiconductor is buying California-based Adesto Technologies for US$500mil (RM2.09bil) to diversify further away from its reliance on Apple
KUALA LUMPUR: British American Tobacco (M) Bhd (BAT) reported its fourth straight years of declining revenue and profits, as rampant illegal cigarette trade continued to gain market share at the expense of legal players.
MANILA (Philippine Daily Inquirer/ANN): The Philippines recorded a drop of more than 300,000 international and local passengers following the novel coronavirus (Covid-19) outbreak that prompted countries to impose travel restrictions.
PARIS: Air France-KLM expects the coronavirus outbreak to wipe 150 million to 200 million euros ($162-216 million) off earnings by April, assuming China flights remain suspended until then, the Franco-Dutch airline group said on Thursday.
LAOS, Feb 20 (Vientiane Times/ANN) -- Laos has been named second runner-up in the Top Country rankings in the UK’s Wanderlust Reader Travel Awards 2020, behind Namibia and Peru.
KUALA LUMPUR: Matrix Concepts Bhd posted a firm set of financial results for the third quarter ended Dec 31,2019 with net profit of RM65.33mil while its unbilled sales of RM1.2bil was expected to be recognised over the next 15 months.