Fosun in Thomas Cook rescue bid
BEIJING: China’s Fosun Group is considering nearly a billion dollar rescue of embattled British tour operator Thomas Cook, the Hong Kong-listed conglomerate confirmed yesterday. The
BEIJING: China’s Fosun Group is considering nearly a billion dollar rescue of embattled British tour operator Thomas Cook, the Hong Kong-listed conglomerate confirmed yesterday. The
KUALA LUMPUR: Malaysia’s manufacturing sales in May 2019 grew by 6.7 percent to RM69.7 billion as compared with last year’s RM65.3 billion, says the Department

BEIJING: China’s imports and exports both fell in June, official data showed yesterday, as weak demand at home and abroad hit trade in the world’s
KUALA LUMPUR: MTAG Group Bhd is a step closer towards a listing on Bursa Malaysia’s Ace Market, scheduled in September, with the signing of an
BEIJING: New bank loans in China rose to a three-month high in June as policymakers sought to keep ample funds in the financial system to

WASHINGTON: US underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services,
DETROIT: An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance
FRANKFURT AM MAIN: German auto giant Daimler, maker of Mercedes-Benz, yesterday slashed its 2019 profit forecast for the second time in a few weeks, after

KUALA LUMPUR: The government will undertake a comprehensive effort to help small and medium-sized enterprise (SME) entrepreneurs make the switch to robotic automation technology, said

KUCHING: Sacofa Sdn Bhd, Sarawak’s leading ICT infrastructure company, has partnered with Xperanti IoT (M) Sdn Bhd to initiate pilot projects in Sarawak relating to