After 50 years, FedEx founder to step down as CEO
NEW YORK, March 29 ― FedEx founder Frederick Smith will step down as chief executive after some five decades atop the transport behemoth, the company announced yesterday. FedEx, which grew under Smith from a modest operation in the US state of Tennessee into a global titan with some 570,000 employees, announced Chief Operating Officer Raj […]
Malaysiakini fails final bid to set aside contempt conviction, RM500,000 fine over readers’ comments
KUALA LUMPUR, March 29 — News portal Malaysiakini today failed its bid to get the Federal Court to review its previous decision that found it guilty of contempt of court for publishing comments from five of its readers back in June 2020. Federal Court judge Datuk Zaleha Yusof said the seven-man bench that she had chaired was […]
Flandi exits with the belief that men’s pairs can go far
PETALING JAYA: It may not make sense but men’s doubles coach Flandi Limpele believes the timing of his decision to leave when the men’s doubles are making headway, is the right thing to do. On Sunday, Flandi’s boys Goh Sze Fei-Nur Izzuddin Rumsani were on the verge of winning their second big career title before […]
Sapura Energy appoints restructuring specialist Borrelli as director
PETALING JAYA: Loss-making Sapura Energy Bhd has appointed restructuring specialist Cosimo Borrelli as its director effective last Friday, just two weeks after it announced its massive debt-restructuring exercise. Market observers said that aside from its debt restructuring, the oil and gas (O&G) firm is also working on ways to restructure its operations that have been struggling with […]
About 5,400 people travelled via Penang-Singapore VTL from March 16 to 28
GEORGE TOWN: Other than six passengers found to be Covid-19 positive, about 5,400 people have safely travelled via the Penang-Singapore Vaccinated Travel Lane (VTL) by air from March 16 to 28. Revealing these figures, Chief Minister Chow Kon Yeow said the infected six were ordered to undergo home quarantine. The number comprised 2,600 arrivals and […]
