Business News
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BASF Opens Its Zhanjiang Mega-Site as the Chemical Growth Shifts
LUDWIGSHAFEN, July 7 — The shift is unmistakable. For decades, the German chemical industry was the backbone of…
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AmBank and PUMM in Two-Year Partnership to Widen SME Financing
On 16 September 2022 AmBank signed a two‑year agreement with the Persatuan Usahawan Maju Malaysia (PUMM) at the…
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Celcom Axiata, DiGi.Com Merger Cleared by Malaysia SEC
Malaysia’s telecom landscape is about to shrink by one competitor. The Securities Commission Malaysia cleared the merger of…
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Eurozone Inflation Hits Record 7.5 Percent in March Report
Mina Agib, who operates the Egyptian restaurant Meya Meya in Berlin, recently received a supplier quote that reflected…
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A 2022 Forecast Reread: Housing and Zero-COVID Were Already Cracking China’s Boom
BEIJING, September 27 — China’s economy is on course for its slowest growth since 1991, as official data…
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Ericsson Wins RM11B Malaysia 5G Network Deal
On June 29, 2021, Digital Nasional Bhd (DNB) selected Ericsson to deploy a fifth-generation (5G) national network in…
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Malaysia’s Foreign Investment Inflows Rebounded Past Pre-Pandemic Levels in 2021
On June 10, 2021, despite the Malaysian government imposing varying degrees of restrictions due to the Covid-19 epidemic,…
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Serba Dinamik Investors Voice Concern Over KPMG Audit Dispute
Two of the largest institutional investors in Malaysia’s oil‑and‑gas services firm Serba Dinamik have publicly expressed unease after…
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Foxconn in talks to buy a stake in chipmaker DNeX
KUALA LUMPUR: Some people familiar with the situation reported. That after the Taiwanese Foxconn Technology Group’s loss to…
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Retailers and Ministers Urge Calm as Pingdemic Empties Some UK Supermarket Shelves
Panic, Not Production, Is Driving the Global Shortage Crisis The world is not running out of goods. It…
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Singapore Airlines Grounds 138 Planes and Cuts 96% of Capacity
A massive reduction in air capacity marks a turning point for global aviation Singapore Airlines announced on March…
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Amazon Limits Warehouse Intake to Essentials as Virus Surges
On March 19, Amazon notified its third‑party sellers that, because of the escalating coronavirus outbreak, the marketplace would…
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Amazon becomes “go-to” e-commerce site amid coronavirus
On March 19, 2020, as the coronavirus pandemic continued to spread globally, Amazon, the American e-commerce giant, saw…
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Analysts Question Malaysia Corporate Oversight Failures
KUALA LUMPUR — The money trail in Malaysia’s corporate scandals keeps circling back to one question: who is…
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Honda Shuts Philippine Plant, 387 Workers Displaced
Nearly 400 Filipino families face an uncertain future after Honda confirmed it will shutter its Laguna production plant…
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Malaysia Glove Makers Hit by Raw Material Shortages
Malaysian factories that make disinfectants, hand sanitizers and rubber gloves are running short of raw materials and labour…
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Ola Launches Ride-Hailing Services in London with Safety Focus
Ola, the Indian ride-hailing company, commenced its services in London on Monday, February 10, 2020, marking a new…
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Coronavirus Adds a Second Blow to Hong Kong’s Recession-Hit Economy
Hong Kong, February 10, 2020 — infopulsetoday.com — The novel coronavirus dealt a heavier blow to Hong Kong’s…
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Flybe Reported to Be Seeking Emergency Cash From UK Government
Flybe is flying its schedules today. That is the only certain fact in a story that has been…
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Tesla Surpasses Ford and GM in Market Value Suddenly Reaching
On January 10, 2020, Tesla Inc. achieved a new milestone when its market capitalization exceeded the combined worth…
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Ikea Agrees to $46 Million Settlement in Toddler’s Dresser Death
On January 9, 2020, IKEA announced a $46 million settlement with the parents of Jozef Dudek, a two‑year‑old…
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Samsung Electronics board chairman Lee Sang-hoon jailed for 18 months over union sabotage
Seoul Central District Court handed down an 18-month prison sentence to Samsung Chairman Lee Sang-hoon on December 17,…
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Deutsche Bank to Cut 18,000 Jobs and Exit Equities Trading
On August 22, 2019, Deutsche Bank CEO Christian Sewing announced a strategic shift away from investment banking toward…
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Still no boss for Wells Fargo Bank
Wells Fargo & Co. Bank is in a quagmire as to who will they chose the new CEO…
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CoreWeave’s GPU-backed debt fuels AI growth but triggers bond market fears
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Wall Street Reassesses AI Valuations as Market Wobbles Highlight Debt Risks
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Nidec Machine Tool Launches MVR-5X Double-Column Five-Axis Milling Machine
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Anthropic Delays IPO as Gartner Data Shows AI Costs Outrunning Projected Revenue
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AppLovin Hit With Securities Class Action Over Alleged Misstatements on AI Model Strength
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Asian Stocks Mixed as Investors Weigh Nvidia Fallout and Leadership Exit
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Tether Gold’s KPMG Audit Sets New Verification Standard for Tokenized Commodities
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US Market Volatility Persists as Investors Debate if Tech Selloff Has Bottomed
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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How European Airlines Use Financial Hedging to Weather Surging Fuel Costs
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How the Century-Old Jones Act Shapes Fuel Costs and Regional Shipping in Hawaii
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How Router Failures and Outdated Tech Triggered the Nationwide FAA Ground Stop
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Why Soaring Jet Fuel Costs and Surging Demand Mean High Airfares Are Here to Stay
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Private Equity Takeover of easyJet Risks Higher Fares and Service Cuts
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Copper Faces Tug-of-War Between Macroeconomic Headwinds and Structural Shortages
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Inside Archer-Daniels-Midland’s Strategy for Scaling Global Agribusiness
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How Shifting Macroeconomic Conditions Are Reshaping Global Commodity Market Allocations
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China’s New Trade Corridors: How State-Backed Buying Bypasses U.S. Commodity Suppliers
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security