Apollo accused of illegal life policy scheme
Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funnelling the…
Corporate News
MAG growth strategy on track
Malaysia Aviation Group Bhd (MAG), the parent company of national carrier Malaysia Airlines Bhd, is likely to take delivery of…
Buffett’s PacifiCorp faces US$30bil claim demand
Berkshire Hathaway Inc’s PacifiCorp is facing a demand for US$30bil from victims of Oregon’s 2020 Labour Day wildfires, an escalation…
CIMB Niaga 1Q consolidated net profit increases
CIMB Group Holdings Bhd’s Indonesian banking arm began the financial year 2024 with a drop in net interest income, as…
Duopharma gets RM578mil supply contract
PETALING JAYA: Duopharma Biotech Bhd has accepted 11 letters of offers from Pharmaniaga Logistics Sdn Bhd for the supply of…
Musk lays off Tesla senior executives in fresh job cuts, The Information reports
ELON Musk has dismissed two Tesla senior executives and plans to lay off hundreds more employees, frustrated by falling sales…
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…