Tesla chairman Denholm sells shares worth over US$22mil
OAKLAND: Tesla Inc chairman Robyn Denholm sold 31,250 shares of the electric-vehicle maker for more than US$22mil (RM92.92mil), according to a regulatory filing. Denholm, who recently testified in a Delaware court as part of a shareholder lawsuit over Tesla’s controversial 2016 acquisition of SolarCity, has served on Tesla’s board since August 2014. She became chair […]
i-Sinar and i-Citra not heavily impacting EPF investment at the moment
KUALA LUMPUR: The i-Sinar and i-Citra programmes, which aim to provide affected members with supplemental income to cater for their subsistence needs amidst the present crisis, is not heavily impacting the Employees’ Provident Fund’s (EPF) investment at the moment. Chief strategy officer Nurhisham Hussein said the fund has a plan in terms of managing the […]
Explainer: As COVID-19 cases surge, Japan sticks to “lockdown-lite”
TOKYO (Reuters) – Japan decided this week to expand COVID-19 curbs to more than 70% of its population, but in contrast to stringent lockdowns in some countries, authorities are relying mainly on requests for self-restraint and peer pressure. With nationwide new cases topping 15,000 a day for the first time this week, expectations are simmering […]
Vietnam’s capital to extend Covid-19 curbs as new clusters emerge
HANOI, Aug 6 — Vietnam’s capital Hanoi will extend coronavirus restrictions until August 22, the state Vietnam News Agency (VNA) reported on Friday, after authorities warned of new clusters of infections detected in the city of more than eight million people. Hanoi has in the past two weeks ordered people to stay at home and […]
Wildfire levels historic California town as residents flee blaze
GREENVILLE, United States: The largest wildfire in California has razed a small town, warping street lights and destroying historic buildings hours after residents were ordered to flee. Greenville, an Indian Valley settlement of a few hundred people dating back to the mid-1800s Gold Rush, was engulfed by flames as winds whipped the inferno towards the […]
MACC denies claims of having to pay RM80 to enter PPV to get vaccine
SHAH ALAM: The Malaysian Anti-Corruption Commission (MACC) has denied claims that a RM80 bribe had to be paid to the doorman to enter the Midlands Convention Centre vaccination centre (PPV), here. In a statement today the MACC said the congestion at the PPV was caused by foreign workers who had gone there without an appointment […]
PM Muhyiddin expresses readiness to face confidence motion in Parliament next month
MUAR, Aug 6 ― Tan Sri Muhyiddin Yassin today said that the tabling of a motion of confidence for prime minister is normal and that he is ready and neither scared nor worried to face it and prove that he still has the majority support of the MPs at next month’s Parliament sitting. “Yes, the […]
Majority of Covid-19 clusters in Selangor are from factories
PUTRAJAYA: A majority of the Covid-19 clusters detected in Selangor were contributed by factories in the economic sector. Selangor Health director Datuk Dr Shaari Ngadiman said these factories contributed a bulk of the Covid-19 clusters detected in the state at 54 per cent (96 clusters), followed by the construction industry, services and business sector. Dr […]
Defying own party, 27 Umno MPs join four BN colleagues to back Muhyiddin, Perikatan govt
KUALA LUMPUR, Aug 6 ― A total of 31 Barisan Nasional (BN) MPs declared their support for the sitting government until the Parliament reconvenes to decide Prime Minister Tan Sri Muhyiddin Yassin’s majority. Leading the pack, Deputy Prime Minister Datuk Seri Ismail Sabri Yaakob said that any attempt to topple the current government would allegedly […]