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Malaysia’s largest rubber glove manufacturer bullish about prospects as demand soars amid COVID-19

KUALA LUMPUR: Malaysia’s largest rubber glove manufacturer Top Glove is investing US$1 billion over the next five years to expand...
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News Sports

Football: Benfica keep slim title hopes alive with 2-0 win over Guimaraes

REUTERS: Benfica kept their slim hopes of winning the Portuguese title alive as a first-half goal from midfielder Chiquinho and...
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News Sports

Football: Pasalic hat-trick as Atalanta go second in Serie A

MILAN: Mario Pasalic scored a hat-trick as Atalanta brushed aside struggling local rivals Brescia 6-2 to move second in Serie...
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Healthcare News

Americans quick to use cloth masks after govt recommendation: CDC

REUTERS: Most Americans wore cloth face-coverings after the government recommended their use in April, the US Centers for Disease Control...
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News Sports

Football: CAS decision on Man City a disgrace, says Spurs boss Mourinho

REUTERS: The Court of Arbitration of Sport's (CAS) decision to overturn Manchester City's two-year UEFA ban from European football while...
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Breaking News Daily News News

Singapore, Malaysia targeting to start cross-border travel from Aug 10 for some residents, business visitors

SINGAPORE: Singapore and Malaysia have set Aug 10 as the target date to start cross-border travel between the two countries...
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Business News

Big US banks predict more economic pain from coronavirus

Three of the largest U.S. banks said on Tuesday they had set aside a whopping US$28 billion for loan losses,...
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Business News

As Britain bans Huawei, US pressure mounts on Europe to follow suit

LONDON/BRUSSELS: Britain's decision to ban China's Huawei from its 5G network increases further pressure on EU countries to impose stricter...
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Business News

Flipkart to raise US$1.2 billion in Walmart-led funding

U.S. retail giant Walmart will lead a US$1.2 billion investment in its Indian e-commerce unit Flipkart, giving it a valuation...
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Business News

In New York’s Harlem, small businesses reel from coronavirus toll on Black communities

Sylvia's, a soul food restaurant on Malcolm X Boulevard in Harlem, New York, saw a welcome bump in donations and...
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Business News

Bharti Airtel, Verizon tie up on video-conferencing tool

Bharti Airtel Ltd is partnering with Verizon Communications Inc's BlueJeans to launch a business-focused video conferencing tool, the Indian wireless...
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Business News

JPMorgan beats estimates on trading boost, but loan losses loom

JPMorgan Chase & Co beat Wall Street estimates for profit in the second quarter due to a surge in trading...
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Business News

Citigroup quarterly profit tumbles 73% as loan loss provisions surge

Citigroup Inc reported a nearly 73 per cent plunge in quarterly profit on Tuesday as the bank set aside US$5.6...
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Business News

UK bans China’s Huawei from 5G networks, handing US big win

LONDON: Prime Minister Boris Johnson on Tuesday (Jul 14) ordered Huawei equipment to be purged completely from Britain's 5G network...
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Business News

Gasoline powers US inflation; rising COVID-19 cases seen tamping down demand

U.S. consumer prices rebounded in June after three straight monthly declines as businesses reopened, but the underlying trend suggested inflation...
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Business News

Wells Fargo swings to US$2.4 billion loss as pandemic bites

Wells Fargo & Co swung to a loss in the second quarter after setting aside US$9.5 billion to cover potential...
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Business News

Nokia says ready to replace Huawei in UK ‘at scale and speed’

Finnish telecom gear maker Nokia is ready to replace Huawei equipment in Britain, the head of Nokia Britain said on...
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News Sports

Golf: No roars as Tiger makes return to sounds of silence

REUTERS: Tiger Woods makes his long-awaited return to competitive golf at the Memorial Tournament in Dublin, Ohio this week and...
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Business News

Thailand’s AIS says Huawei among five companies tendering to build 5G core networks

Thailand's Advanced Info Service Pcl said on Tuesday Huawei Technologies is among five companies tendering to build its 5G core...
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News Sports

Blades boss Wilder unconcerned by top-four talks

Sheffield United will not be distracted by talks of securing a top-four finish, with their attention focused solely on Thursday's...
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