5y

US firms gear up for vaccine distribution

Logistics giant UPS already producing 500kg of dry ice an hour

5y

Wall Street at records as stocks gain on vaccine, stimulus optimism

All 3 major US stock indices finish at fresh records

5y

Ikea announces second India store

Company planning to open 25 outlets in the country by 2025 as it diversifies away from Western markets

5y

US job gains stall in November as Covid-19 cases surge

US Labour Department data showed the unemployment rate dipped to 6.7% from 6.9%, the lowest since the pandemic struck, 10.7 million workers remain unemployed

5y

Southwest Airlines could lay off at least 6,800 workers

Move would be carrier’s first involuntary job cuts in its 50-year history

5y

Russia suffers new blow in US$50 billion Yukos case

Dutch Supreme Court ‘dismisses Russian application to suspend enforcement’ of payout while the court deals with case

5y

Denmark to end North Sea oil and gas production by 2050

Decision means an eighth tender offer for oil and gas exploration in the North Sea will now be cancelled

5y

Ringgit closes firmer on stable oil prices 

Currency closes 150 basis points higher at 4.0580/0620 against the greenback from Thursday's close of 4.0730/0750

5y

Asian markets mixed as virus cases cloud vaccine optimism

Markets in Hong Kong, Shanghai, Sydney, Seoul, Taipei, Singapore, Mumbai  and Bangkok were all up Tokyo, Manila, Jakarta and Wellington were all slightly lower

5y

Abdul Rahman Ahmad is new Bernama editor-in-chief

Abdul Rahman, 59, will replace Datuk Mokhtar Hussain who was appointed as the chief executive officer of the news agency on Wednesday

5y

Bursa ends in negative territory on continued profit-taking

FBM KLCI declines 6.41 points to 1,621.85 at 5pm

5y

MPOB develops oil palm clone for higher yields

Characteristics of CPS3 fit ideal combination of producing approximately 15 bunches a year, weighing 15kg

5y

‘MABKargo has adequate infrastructure to handle transport and distribution of Covid vaccine’ 

MAB Group CEO says its cargo arm operates three freighter aircraft that can provide temperature-controlled environments suitable for trans[porting vaccines