|Monday, January 16, 2017

Business News

Airbus increases prices of aircraft by one pct in 2017

KUALA LUMPUR, Jan 12: Airbus has increased the average list prices of its aircraft by one percent across the product line, effective Jan 1, 2017. In a statement, it said the price increase was calculated according to Airbus’ standard escalation formula over the January 2016 to January 2017 period and takes into account the materials and commodities prices. “Our new 2017 pricing affirms ...Full Article

US stocks gain despite Trump hit to pharma

NEW YORK, Jan 12: US stocks finished higher on Wednesday (Jan 11) following a volatile session, with strong gains by energy shares offsetting the hit to the pharmaceutical sector following ...Full Article

Trump warns US firms moving jobs offshore, singling out pharma

NEW YORK, Jan 12: President-elect Donald Trump on Wednesday (Jan 11) attacked US companies who ship jobs offshore, singling out the pharmaceutical industry for high drug prices and for manufacturing ...Full Article

Trump says his sons will oversee business while he is president

WASHINGTON, Jan 12: U.S. President-elect Donald Trump said on Wednesday he is separating himself from his global business empire by transferring his assets into a trust and putting his two ...Full Article

Lazada unveils Oriental Pavilion for customers to shop for top brands from China    

KUALA LUMPUR, Jan 11: Lazada Malaysia, an online shopping and selling platform, has unveiled the Oriental Pavilion, a dedicated page within lazada.com.my for Malaysian customers to shop for top brands ...Full Article

Peugeot targets 2,500 units sales for 2017

PETALING JAYA, Jan 11: Naza Corp Holdings Sdn Bhd’s unit, Nasim Sdn Bhd, the official distributor for Automobiles Peugeot in Malaysia, has increased its sales target to 2,500 units ...Full Article

Ringgit easier against US dollar at opening

KUALA LUMPUR, Jan 11: The ringgit opened easier against the US dollar today on slightly lower demand, a dealer said. At 9.02 am, the ringgit was quoted at 4.4740/4780 ...Full Article

US indicts former UN chief’s relatives with bribery

NEW YORK, Jan 11: US prosecutors have indicted relatives of former UN Secretary General Ban Ki-moon, accusing them of trying to bribe a Middle Eastern official over the attempted ...Full Article

US stocks mixed as GM surges on strong outlook

NEW YORK, Jan 11: General Motors rose sharply on Tuesday (Jan 10) on an upbeat 2017 earnings forecast during a mixed day for Wall Street stocks following a choppy session. ...Full Article

World Bank trims 2017 global growth forecast to 2.7%

WASHINGTON, Jan 11: The World Bank on Tuesday (Jan 10) pared back its global growth estimate for 2017, but uncertainty about the economic policies of US President-elect Donald Trump is ...Full Article
Page 4 of 983« First...23456...102030...Last »