Supreme Court spurns Musk’s Twitter appeal in SEC victory
The US Supreme Court rejected an appeal from Elon Musk in his “Twitter sitter” case, leaving intact his agreement with…
Corporate News
Tasco posts weak earnings due to international freight forwarding ops
Tasco Bhd has reported its weakest annual net profit in three years, dragged down by the poor performance of its…
Scotiabank hires Machen to run global banking
Travis Machen is joining Bank of Nova Scotia from Morgan Stanley to lead its global banking and markets business.
Axiata’s Indonesia unit’s profit exceeds expectations
Axiata Group Bhd’s Indonesian unit PT XL Axiata Tbk has beat earnings expectations in the first quarter of 2024, says…
L’Occitane’s billionaire owner Geiger to take firm private in US$1.8bil deal
Hong Kong-listed L'Occitane International's chairman and controlling shareholder, Reinold Geiger, will take the skin-care firm private, giving it an equity…
Ekuinas acquires 80% stake in pharma ingredients producer Symbiotica
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has acquired an 80 per cent stake in Symbiotica Speciality Ingredients Sdn Bhd (Symbiotica),…
TNG Digital introduces Malaysia’s first in-app Visa exchange rate calculator
KUALA LUMPUR: TNG Digital Sdn Bhd has introduced a new foreign exchange rate calculator on TNG eWallet, giving Malaysian travellers…
Carlsberg says price increases gave solid start to 2024
COPENHAGEN: Danish brewer Carlsberg saw price increases in all its main markets during the first quarter, its CEO said on…
Sime Darby Plantation proposes name change to SD Guthrie
PETALING JAYA: Sime Darby Plantation Bhd (SD Plantation), the world’s largest palm oil producer by acreage, has proposed to change…