LONDON: Luxury carmaker Rolls-Royce, a unit of Germany’s BMW, said on Monday its sales soared 49% to a record high in 2021 despite the global coronavirus pandemic, as demand worldwide for luxury vehicles surged. Read full story
A perfect storm is brewing for businesses in view of the disruption in the global supply chain that has peaked amid the Covid-19 pandemic. Read full story
Experts say the pandemic has led to cracks in the system that was already vulnerable in the first place, leading to price rises and slowing recovery, among others. When will it improve? Read full story
Entrance of property tycoon and GLC link get noticed Read full story
THIS week, the Melaka Chief Minister Datuk Seri Sulaiman Md Ali (file pic) said that his state would soon see a massive RM1bil investment by a company looking to build the country’s first electric vehicle (EV) assembly plant. Read full story
BOSTON,: U.S. stocks and Treasury yields were mixed on Friday as investors digested payroll data and its potential impact on Federal Reserve policy in the final session of an already roller-coaster first trading week of the year. Read full story
NEW YORK: Oil prices settled lower on Friday, as the market weighed supply concerns from the unrest in Kazakhstan and outages in Libya against a U.S. jobs report that missed expectations and its potential impact on Federal Reserve policy. Read full story
NEW YORK: Investors are recalibrating their portfolios to account for a more hawkish Federal Reserve, as signs that the central bank is ready to pull out the stops https://www.reuters.com/markets/us/fed-may-need-hike-rates-faster-reduce-balance-sheet-quickly-minutes-show-2022-01-05 in its fight against inflation has shaken up markets in the first week of 2022. Read full story
NEW YORK: A U.S. judge on Friday said a former Goldman Sachs banker charged in the 1MDB Malaysian sovereign wealth fund scandal will be tried in early February, expressing confidence the Omicron coronavirus variant will not upend the trial. Read full story
WASHINGTON: U.S. employment rose far less than expected in December amid worker shortages, and job gains could remain moderate in the near term as spiraling COVID-19 cases disrupt economic activity. Read full story
NEW YORK: Apple Inc boss Tim Cook’s pay in 2021 was 1,447 times that of the average employee at the tech giant, a filing on Thursday showed https://bit.ly/34w5j5l, fueled by stock awards that helped him earn a total of nearly US$100 million. Read full story
LONDON: Bitcoin on Friday slumped as much as 5% to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies. Read full story