3y

Electrolux to retrench up to 4,000 workers after heavy losses

Swedish firm targets to cut cost mainly in N. America, but staff worldwide affected

3y

Japan to approve US$200 bil budget to curb inflation

Nation aims to use funds to encourage wage growth, support households with energy bills

3y

Airbus Q3 net profit up 65% despite ‘complex’ environment

Firm expects to deliver around 700 aircraft this year

3y

Penang posts highest total trade of RM72.4 bil in Sept: DoSM

Statistics Dept also reports state’s exports of RM14.4 bil

3y

Japan sticks to easing despite yen pressure

Central bank maintains benchmark rate to sustain price growth

3y

Elon Musk takes control of Twitter, fires executives: US media

Reports came hours before court appointed deadline for billionaire to seal deal

3y

Hexagon optimistic about growth in Malaysia

Sunny forecast in electronics sector, with automation, mobility solutions as key drivers

3y

Maybank to invest up to RM4.5 bil under M25+ strategy

Around 77% will be for technology, says group president and CEO Datuk Khairussaleh Ramli

3y

‘Overpaying’ Musk on deadline to close Twitter deal

Billionaire has changed profile name to ‘Chief Twit’ on social media platform

3y

Ford reports loss as it ends VW-backed autonomous driving venture

Michigan carmaker records US$2.7 bil impairment on Argo AI programme’s dissolution

3y

Ringgit opens slightly higher, Bursa maintains above 1,450 level

Local currency rises to 4.7020/7070 against US dollar from yesterday’s close of 4.7120/7165.

3y

Samsung Electronics says Q3 operating profit down 31.39% on-year

Tech giant reports lower earnings in crucial memory chips division due to weak demand

3y

Rapid Rail to get 19 new train sets for Kelana Jaya LRT Line

Firm says it will receive them in stages from June 2023 to Dec 2024 to replace current vehicles