5y

Airbus books €1.1 bil loss in wake of pandemic

European aircraft giant says headwinds limited, as it logs second consecutive year of losses

5y

Barclays 2020 net profit tumbles 38% to £1.53 bil

British bank says fall stems from pandemic-related expenses

5y

Sime Darby Plantation sees turnaround in FY20 with RM1.2 bil profit

Group’s Q4 2020 net profit up to RM149 mil, from loss of RM58 mil in the preceding year’s corresponding quarter

5y

Govt approves RM1.25 bil under Penjana SME financing scheme

It prioritises SMEs that have never received any bank financing previously, says finance minister

5y

Jobs created in 2020 plummet 31,000 on-year

Unemployment, meanwhile, edges up to 711,000 people

5y

Asian marts mixed on profit-taking, concerns about inflation

Oil prices push further up to 13-month highs as US cold snap hammers production

5y

Maybank IB reiterates positive rating for technology sector

Investment firm remains upbeat on global, domestic semiconductor upcycle

5y

US firm stuck with 30 million N95s blames cheap China masks

Miami-based DemeTech spends tens of millions to retool facilities

5y

Tokyo stocks higher following record Wall St close

Benchmark Nikkei 225 index rises 0.15%, or 46.37 points, to 30,338.56

5y

Bursa opens higher, ringgit gains slightly on positive oil prices

Despite expectations, both record rises in morning session

5y

Mercedes-Benz Malaysia mulls bringing in electric vehicles

Company says imports will depend on NAP and charging infrastructure

5y

Rio Tinto announces record dividend as iron ore booms

Firm posts underlying profits of US$12.4 bil for the year to December 31, with net profits up more than 20% at US$9.8 bil

5y

Nestle sells North American spring water brands for US$4.3 bil

Company says sale will enable it to focus on its international premium brands, natural mineral waters, healthy hydration products