Judge rejects Facebook bid to derail US antitrust suit
SAN FRANCISCO, Jan 12 ― A federal judge yesterday ruled that US regulators’ re-worked anti-trust case against Facebook can go ahead, saying the complaint was more robust and detailed than the version denied last year. The US Federal Trade Commission has alleged the social media giant, which has renamed itself Meta, holds an illegal monopoly […]
TH appoints new ED of group finance
PETALING JAYA: Lembaga Tabung Haji (TH) has appointed Mustakim Mohamad as its new executive director of group finance, effective Dec 16, 2021. In a statement, group managing director and chief executive officer (CEO) Datuk Seri Amrin Awaluddin said Mustakim’s appointment took into account his experience of having served for more than 18 years in TH. […]
Tesla strikes battery-metal deal to ensure supply
NEW YORK: Tesla Inc has agreed to purchase nickel supplies from miner Talon Metals Corp as an expected surge in demand spurs automakers to secure access to battery metals and other electric-car parts. Tesla committed to purchase 75,000 tonnes of nickel concentrates produced from Talon’s Tamarack project, with the price linked to the London Metal […]
Genting blames German state after shipbuilder’s collapse
FRANKFURT, Jan 12 ― Asian tourism and casino group Genting accused a German state of failing to pay out money promised as part of a rescue plan for its now-insolvent shipbuilding subsidiary MV Werften. Negotiators for Mecklenburg-West Pomerania “presented a mechanism that hid the political motivation”, lawyers representing the group’s Genting Hong Kong unit told […]
Hanis bawa kelegaan
Kuala Lumpur: Kehadiran semula penyerang utama, Hanis Nadiah Onn nyata memberi kelegaan kepada pengendali skuad hoki wanita negara, Mohd Nasihin Nubli Ibrahim menjelang saingan Piala Asia yang berlangsung di Muscat, Oman bermula 21 hingga 28 Januari ini. Jelas Nasihin, barisan pemain senior termasuk Hanis sememangnya diperlukan untuk menggalas tugas di Oman kerana skuad negara ketika […]
End to Vietnam’s automatic visa extensions
VIETNAM’S automatic extension of visas for foreign nationals stranded in the country due to Covid-19 will end this Saturday. According to a Vn Express report, its Immigration Department said this was because Vietnam has started to gradually resume regular commercial flights. Foreigners who entered Vietnam with a visa exemption certificate, e-visa, or tourist visa have […]
Citi to exit consumer banking in Mexico
NEW YORK, Jan 12 ― Citi announced yesterday it will exit its Mexican consumer banking business, the latest reorganisation effort to steer the US financial heavyweight towards higher-return ventures. The New York-based bank plans to cease operations in Mexico in consumer, small business and middle-market customers, but will maintain an institutional client business in the […]
Russia to set out security demands at NATO meeting
BRUSSELS (Reuters) – Russia is set to lay out its demands for security guarantees in Europe to NATO’s 30 allies on Wednesday, following intense talks with the United States in Geneva that showed the two sides have major differences to bridge. The NATO-Russia Council at allied headquarters in Brussels is part of a broader effort […]
15 atlet terima ‘durian runtuh’ IOC
KUALA LUMPUR: Seramai 15 atlet negara terpilih menerima biasiswa Olimpik daripada Jawatankuasa Olimpik Antarabangsa (IOC) sekali gus melayakkan mereka menerima elaun sebanyak AS$500 (RM2,088) sebulan. Presiden Majlis Olimpik Malaysia (MOM), Tan Sri Mohamad Norza Zakaria, berkata badan induk itu sebelum ini menerima 40 pencalonan daripada 11 jenis sukan. “Antara kriteria yang ditetapkan IOC adalah penerima […]
