Companies
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Companies
Ex-director of Goldman Sachs charged with insider trading
Competition
Solar trade war intensifies
Business
China’s Wal-Mart boss quits
Airline
Qantas boss threatened in job row
Investment
The lure of high dividend yields
Mobile internet
Google’s $12.5-billion smartphone deal raises concern
Google's $12.5-billion (37.5-billion ringgit) foray into the smartphone hardware business seems to be more of a defensive move against Apple's iPhone. And this has raised questions among investors over why the biggest maker of smartphone software is paying 63% premium for Motorola's Mobility which has been struggling to return to profitability.
Finance
S&P warns U.S. finance firms of downgrade
Standard & Poor's has joined Barack Obama, the American president, in forcing Republican lawmakers to agree to raise the debt ceiling and cut deficit. Or else, S&P will downgrade finance firms such as insurers, securities clearing houses and mortgage agencies.
Media
BSkyB deal hangs in the balance
Rupert Murdoch hopes of buying BSkyB look grim. British lawmakers are ganging up to vote against him today. Although their vote is not legally binding, it is an extraordinary attack on him which he cannot ignore. The vote will call on him to give up his bid to take over BSkyB as the phone hacking scandal escalates even with the closure of the News of the World, the 168-year-old tabloid at the heart of it.
Airlines
MAS bans babies from first class cabins
Tengku Azmil, the chief executive officer of Malaysia Airlines, says it's a tough decision. But MAS has become the first to ban babies from first class cabins and the ban will extend to its A380 super jumbo flights next year.
Companies
Kretam to grow twice as big
Kretam Holdings Berhad, a diversified oil palm group, is expected to double its size with a proposed purchase of three palm oil companies for 511.5m ringgit ($170.5m), according to The Edge. Abedon Sendirian Berhad owns an oil palm estate, Green Edible Oil Sendirian Berhad makes bio-diesel and Palm Products International Alliance Sendirian Berhad sells palm oil products.
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Posted on 27-10-2011, 4:21 pm