RSSCategory: News

Britain pumps cash into artificial intelligence before Brexit

Britain pumps cash into artificial intelligence before Brexit

The government said the AI industry could generate 232 billion pounds for the British economy by 2030. A Visa credit card is seen on a computer keyboard in this picture illustration. (AFP pic) LONDON: Britain announced on Thursday a 1 billion pound (US$1.4 billion) joint investment in the artificial intelligence (AI) industry to capitalise on […]

April 25, 2018 | By | Reply More
CIMB offers zero-fee online fund transfers

CIMB offers zero-fee online fund transfers

KUALA LUMPUR: CIMB Bank Bhd is offering zero-fee interbank fund transfers via its CIMB Clicks and CIMB EVA mobile banking apps to its customers, regardless of the transaction amount, as part of its effort to drive the usage of digital payments. In a statement here, the bank said its Interbank GIRO (IBG) fee of RM0.11 […]

April 25, 2018 | By | Reply More
The best books on finance and economics

The best books on finance and economics

THE late Hans Rosling is best known for his Ted talks (here is one on the wonders of the washing machine). Sadly he died last year. But before he did so, he worked with his son and daughter-in-law to write “Factfulness: Ten Reasons Why We’re Wrong About the World—And Why Things Are Better Than You […]

April 25, 2018 | By | Reply More
Twitter reports second straight quarterly profit

Twitter reports second straight quarterly profit

WASHINGTON: Twitter on Wednesday reported its second consecutive quarterly profit in a positive sign for the social network after years in the red. The San Francisco-based social network earned US$61 million (RM239 million) in the first three months of the year, helped by strong growth in advertising revenue and modest gains in users. First-quarter revenues […]

April 25, 2018 | By | Reply More
Suitors for India’s Fortis revise bids ahead of committee deliberation

Suitors for India’s Fortis revise bids ahead of committee deliberation

BENGALURU: India’s Manipal Hospitals Enterprises Private Ltd raised its offer for rival Fortis Healthcare Ltd for the second time in a month, now valuing Fortis’ hospital business about 4% more than it had earlier. Several suitors for Fortis revised their offers this week, jostling to make the best bid before an advisory committee, formed by […]

April 25, 2018 | By | Reply More
Multi Sports releases 7 quarterly results after delays

Multi Sports releases 7 quarterly results after delays

PETALING JAYA: Multi Sports Holdings Ltd has finally issued all its seven pending quarterly financial reports up to December 31, 2017 after numerous extensions of time. For the full-year of 2017, it registered a narrowed net loss of RM148,000 compared with RM585.71 million in 2016. The company did not provide much information in its financial […]

April 25, 2018 | By | Reply More
Hap Seng buys vehicle distribution business

Hap Seng buys vehicle distribution business

PETALING JAYA: Hap Seng Consolidated Bhd’s wholly owned subsidiary Hap Seng Trucks Distribution Sdn Bhd is acquiring Mercedes-Benz Malaysia Sdn Bhd’s commercial vehicle wholesale distribution business for an undisclosed amount. The group said in a stock exchange filing that it has entered into a business transfer agreement with Mercedes-Benz for the acquisition, which will be […]

April 25, 2018 | By | Reply More
‘Eat X Dignity’ programme launched

‘Eat X Dignity’ programme launched

KUALA LUMPUR: Berjaya Cares Foundation and Dignity for Children Foundation (DCF) today officially launched a social transformation enterprise known as “Eat X Dignity”, a platform that trains underprivileged youths and children in employable and entrepreneurial skills in the food and beverage industry. The Eat X Dignity café has been in operation since June 2015 and […]

April 25, 2018 | By | Reply More
‘Eat X Dignity’ programme launched

‘Eat X Dignity’ programme launched

KUALA LUMPUR: Berjaya Cares Foundation and Dignity for Children Foundation (DCF) today officially launched a social transformation enterprise known as “Eat X Dignity”, a platform that trains underprivileged youths and children in employable and entrepreneurial skills in the food and beverage industry. The Eat X Dignity café has been in operation since June 2015 and […]

April 25, 2018 | By | Reply More
Westports Q1 net profit falls 12%

Westports Q1 net profit falls 12%

PETALING JAYA: Westports Holdings Bhd’s net profit fell 12% to RM123.8 million in the first quarter ended March 31, 2018, from RM140.9 million in the previous corresponding quarter mainly due to higher depreciation and finance cost. Revenue for the quarter plunged 26% to RM385.09 million compared with RM520.9 million in the same quarter a year […]

April 25, 2018 | By | Reply More