Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch
NEW YORK: The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge…
Corporate News
Diamondback sets US$26bil deal for shale oil rival Endeavor Energy
US oil producer Diamondback Energy says it will buy privately held rival Endeavor Energy Partners in US$26bil cash-and-stock deal that…
Dayang’s unit bags contract extension from PETRONAS Carigali
KUALA LUMPUR: Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary, DESB Marine Services Sdn Bhd (DESB Marine) has secured a contract extension…
Heavy equipment sales down on sluggish demand
Industry players reported a 10.8% drop in heavy equipment sales last year, mainly because of lower demand from the mining…
Pansar bags RM130mil contract for Sarawak Infectious Disease Centre
KUALA LUMPUR: Pansar Bhd’s wholly owned subsidiary, Perbena Emas Sdn Bhd has won a construction contract worth RM129.99mil from Borneo…
Cadence sees lower 1Q revenue
Cadence Design Systems forecast a decline in revenue for the first quarter as its hardware sales were up against tough…
Sony Q3 profit jumps 10%, points to 2025 listing for financial business
TOKYO: Sony's operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its financial, movies…
AnwanBiru, REDtone sign service deal
AnwanBiru Technology Bhd via its wholly-owned subsidiary Awantec Systems Sdn Bhd has entered into a service agreement with Redtone Engineering…
MMHE seeks new opportunities amid recovery efforts
KUALA LUMPUR: After posting a negative bottom line in FY23, Malaysia Marine and Heavy Engineering Bhd (MMHE) said it will…