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Starbucks to exit S.Korea venture, sell stake to E-Mart, GIC

SEOUL, July 27 — Starbucks Corp said on Monday it will exit any direct ownership in South Korea, its fifth-largest market, selling the 50 per cent stake it owns in a joint venture to local partner E-Mart Inc and Singapore’s sovereign wealth fund, GIC. E-Mart, which currently owns 50 per cent of Starbucks Coffee Korea, […]

Serba Dinamik nominates new statutory auditor

PETALING JAYA: Serba Dinamik Holdings Bhd has nominated Nexia SSY PLT to fill in the vacancy as its new statutory auditor in accordance with the Companies Act 2016 for the financial year ended June 30, 2021. In a statement, Serba Dinamik said it was subject to professional clearance from KPMG PLT in accordance to section 320 by-law […]

Haitian presidential security chief arrested over assassination

PORT-AU-PRINCE, July 27 — Haitian police said yesterday they had arrested the head of Jovenel Moise’s security as part of the ongoing investigation into the president’s July 7 assassination. Security chief Jean Laguel Civil is suspected of involvement in the plot to that saw Moise killed at his home in the middle of the night […]

S.Korea begins COVID-19 vaccination for chip, electronics workers

SEOUL (Reuters) – South Korea on Tuesday launched COVID-19 vaccinations for workers at key computer chip and electronic businesses to minimise disruptions in the global supply chain amid struggles to keep up with its inoculation schedule. Major tech companies including Samsung Electronics Co Ltd, Samsung Display Co, SK Hynix Inc and LG Display Co Ltd […]

Clashes in Tunisia after president ousts PM amid Covid protests

TUNIS: Street clashes erupted Monday outside Tunisia’s army-barricaded parliament, a day after President Kais Saied ousted the prime minister and suspended the legislature, plunging the young democracy into a constitutional crisis. Saied sacked Prime Minister Hichem Mechichi and ordered parliament closed for 30 days, a move the biggest political party Ennahdha decried as a “coup”, […]

South, North Korea have restored hotlines as leaders seek to rebuild ties

SEOUL, July 27 — South and North Korea have restored their once-severed hotlines as part of efforts by the two countries’ leaders to rebuild strained ties, Seoul’s presidential Blue House said today. South Korean President Moon Jae-in and North Korean leader Kim Jong-un have exchanged multiple letters since April and agreed to reconnect the hotlines, […]

Last missing person from Surfside collapse identified

MIAMI: Authorities in Surfside, Florida, said Monday they had identified the last missing person from the partial collapse of a residential condo building that killed 98 people last month. “Today, I can report that because of these sustained heroic efforts, the last remaining missing person has now been accounted for and identified,” said Daniella Levine-Cava, […]

Biden announces end of US combat operations in Iraq

WASHINGTON, July 27 — President Joe Biden declared US relations with Iraq would enter a new phase with American troops exiting combat operations in the country by year-end as he held talks yesterday with Prime Minister Mustafa al-Kadhemi. Amid the threat of an Islamic State resurgence and Iran’s powerful influence in Baghdad, Biden stressed that […]

‘No Ivermectin at private hospitals’

The Association of Private Hospitals Malaysia (APHM) said its member hospitals are not using the anti-parasitic drug Ivermectin to treat Covid-19 patients. Its president, Datuk Dr Kuljit Singh, said private hospitals had been treating Covid-19 patients since January using protocols approved by the Health Ministry and international medical societies. He said Ivermectin was not on […]