Huawei’s consumer CEO Richard Yu shifts role
China’s Huawei Technologies has moved the high-profile chief of its consumer business, Yu Chengdong, to a new role as chair…
Category: Corporate News
Capital A formulating regularisation plan to address PN17 status
KUALA LUMPUR: Capital A Bhd and its appointed advisers said the group is formulating a regularisation plan to address its…
Starbucks posts first sales dip since 2020
Starbucks Corp sales fell for the first time since 2020 as half-off deals and new lavender lattes weren’t enough to…
Britain’s Next keeps profit guidance after 1Q sales rise
British clothing retailer Next has kept its forecast for annual profit after reporting a 5.7% rise in first-quarter (1Q) full…
Ajinomoto declares special dividend of RM2.12 from land sale
KUALA LUMPUR: Ajinomoto (M) Bhd has declared a special single-tier dividend of RM2.12 following the proceeds from its land sale.
PG&E in talks with KKR to sell power unit
PG&E Corp is in talks to sell a minority stake in its power generation business to investment firm KKR &…
Haleon posts tepid quarterly result
Consumer healthcare company Haleon has reported first-quarter revenue slightly below market estimates, as volumes declined due to retailer destocking in…
Epicon uplifted from PN17 status
PETALING JAYA: Epicon Bhd (formerly Konsortium Transnasional Bhd) has regularised its financial condition and no longer triggers any of the…
Anglo American spin-offs likely to require South African approval
BHP Group Ltd’s proposal for Anglo American Plc to spin off platinum and iron ore units before a takeover would…