Category: Business

Apple goes to court over euro tax bill

LUXEMBOURG: Apple went on the offensive against Brussels in an EU court yesterday, fighting the European Commission’s landmark order that the iPhone-maker reimburse Ireland 13

M’sia to gain from oil price hike

KUALA LUMPUR: Malaysia is one of the few Asian countries that will benefit from the spike in oil prices in the aftermath of the attack on

Government to spend more

KUALA LUMPUR: Total government expenditure for 2020 is expected to be higher at RM295.1 billion to support the economy with RM240.1 billion or 81 percent for operating expenditure

WeWork IPO likely to be pushed back

NEW YORK: Fast-growing office-sharing startup WeWork will likely delay its initial public offering until at least October, and may wait even longer, a source familiar

iSTOX appoints new head of compliance

KUALA LUMPUR: iSTOX, a future-ready capital markets platform has appointed Lim Mei Shern as the new head of compliance, responsible for regulatory compliance within iSTOX. iSTOX

Potential in tourism industry

KUALA LUMPUR: Marriott International, the United States-based multinational diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities, sees

Dayang’s EGM on October 1

KUCHING: Independent adviser Mercury Securities Sdn Bhd has recommended non-interested shareholders of Dayang Enterprise Holdings Bhd to vote in favour of Dayang’s proposed rights issue

Deal to plug into Gulf power grid

BAGHDAD: Iraq on Sunday signed a landmark deal with the Gulf Cooperation Council for a transmission line that would import 500 magawatts of electricity to

46,000 GM auto workers on strike

DETROIT: The United Auto Workers union began a nationwide strike against General Motors yesterday, with some 46,000 members walking off the job after contract talks