Ford confirms cutting 3,000 jobs as it pushes towards electric
NEW YORK, Aug 23 — US auto giant Ford confirmed yesterday it is eliminating around 3,000 jobs, mainly in North America and India, as the company pushes to accelerate its transition to electric vehicles. Challenged by Tesla and other start-ups, traditional carmakers have accelerated production of their electric models in recent years. The restructuring involves […]
Russia calls Britain hypocritical for questioning its right to sit at G20
MOSCOW, Aug 23 ― Russia’s embassy in London yesterday called Britain hypocritical for a statement by its foreign ministry last week that questioned Russia’s “moral right” to sit at the Group of 20 nations. Britain said Russia had no moral right to sit at the G20 while it presses on with its invasion of Ukraine. […]
Shafee makes surprise visit to Federal Court, leaves after request to prepare Najib’s recusal bid rejected
PUTRAJAYA, Aug 23 — Lawyer Tan Sri Muhammad Shafee Abdullah made a surprise appearance at the Federal Court today for Datuk Seri Najib Razak’s final appeal hearing over his conviction of misappropriating funds from SRC International Sdn Bhd. However, the lawyer who was recently discharged by Najib, left immediately after his request for a short […]
Amaran ribut petir, hujan kebanyakan negeri Semenanjung hingga Khamis
KUALA LUMPUR: Ribut petir dan hujan diramal melanda di beberapa kawasan di kebanyakan negeri di Semenanjung serta Sabah dan Sarawak bermula hari ini hingga Khamis. Agensi Pengurusan Bencana Negara (NADMA) dalam kenyataan, hari ini memaklumkan ribut petir diramal di beberapa tempat di kawasan pantai Kedah, Pulau Pinang, Selangor, Negeri Sembilan, Melaka, Johor, pagi ini. NADMA […]
Anti-government protesters gather outside New Zealand’s parliament
WELLINGTON (Reuters) – About 2,000 anti-government demonstrators gathered outside New Zealand’s parliament on Tuesday to vent their frustration on a range of issues nearly six months after protesters were forcibly removed from the grounds of the legislature. The protesters, organised by the Freedom and Rights Coalition, arrived from around New Zealand and assembled on the […]
Amazon among bidders for Signify Health
NEW YORK: UnitedHealth Group Inc, Amazon.com Inc, CVS Health Corp and Option Care Health Inc are vying to acquire Signify Health Inc, according to people with knowledge of the matter. UnitedHealth has submitted the highest bid in excess of US$30 (RM134) a share, while Amazon’s offer is close behind, said the people, asking not be […]
LCS scandal: Up to RM890mil lost due to mishandling, says audit report
PETALING JAYA: Mismanagement and irregularities in the littoral combat ship (LCS) project could cause potential losses of RM890mil, the declassified forensic audit report indicates. These losses were incurred by overlapping letters of award (LOAs), double claims, currency conversion, undelivered items, and alleged dummy payments to companies. The report by Boustead Heavy Industries Corporation Berhad (BHIC) […]