MANILA (Reuters): The Philippines on Monday denied China had a "temporary special arrangement" with Manila to allow the delivery of supplies to Philippine troops occupying a disputed South China Sea reef, calling it "a figment of imagination". The Chinese coastguard said on Saturday it had temporarily allowed the Philippines to provide food and water to soldiers...
WASHINGTON (Reuters) - Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge in the face of opposition from EU antitrust regulators. iRobot announced a significant restructuring plan to reduce costs and said it would cut about 31% of its workforce, or 350 jobs. The company also said founder Colin Angle...
MANILA (AFP): CNN Philippines will stop operations from January 31 due to "significant financial losses", its owner announced Monday, in the latest blow for the media industry in the South-East Asian nation. The broadcaster began operating in the Philippines in 2015 as a franchise of CNN, delivering mainly English-language news on free-to-air, cable and pay television. Staff...
HONG KONG: A Hong Kong court on Monday ordered the liquidation of China's property giant Evergrande, but the firm said it would continue to operate in a case that has become a symbol of the nation's deepening economic woes. Once China's biggest real estate firm, its astronomical debt of more than S$300 billion had become emblematic...
MADRID (Reuters) - Several hundred migrants seeking asylum are in limbo at Madrid airport, sleeping in crammed spaces with poor conditions, Spanish rights groups said, describing the situation as "unsustainable". Spain's Commission for Assistance to Refugees (CEAR) told Reuters on Monday the number of people requesting international protection upon landing at Madrid's international airport, Barajas, has...
(Reuters) - Data storage products maker Western Digital Corp posted a wider-than-expected quarterly adjusted loss on Thursday, due to the impact of structural changes the company implemented in its flash and HDD businesses. Shares of the company were down about 4% in after-market trading. Last quarter, the company said it would spin off its flash memory business,...
KUALA LUMPUR: Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah watched the premiere of a Bernama TV special documentary "Menjunjung Kasih Tuanku" at Istana Negara on Thursday (Jan 25) night. His Majesty watched the documentary narrating his reign as the 16th Yang di-Pertuan Agong together with Raja Permaisuri Agong Tunku Azizah Aminah Maimunah Iskandariah, after...
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) share price was higher this morning, rising 8.62 per cent, following the news over the property developer’s participation in the Kuala Lumpur-Singapore high-speed rail (HSR) project. At 9.47 am, MRCB rose five sen to 63 sen with 83.66 million shares changing hands. It was the most actively traded stock. It was reported...
KUALA LUMPUR: KJTS Group Bhd made its debut on the ACE market of Bursa Malaysia at 44 sen a share, a 17 sen or 63% premium to its initial public offering (IPO) price of 27 sen a share. The share was the second most traded in the early morning with over 72 million shares exchanging hands in the...
Former executives at video-game firm Ubisoft Entertainment SA face a sexual harassment trial in France over allegations they made “crude sexual remarks in public”. The company and its chief executive officer, Yves Guillemot, were named in the complaint plaintiffs lodged in 2021 but will not faced trial in Bobigny, north of Paris. “We are therefore unable...
