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July 28, 2018 2:15 AM Fox and Disney shareholders approve deal for entertainment assets

NEW YORK: Twenty-First Century Fox Inc and Walt Disney Co said on Friday their shareholders voted to approve Disney's US$71 billion (RM288 billion) purchase of Fox's film and television assets. Results were announced at both companies' special shareholders' meetings, held in New York. Shares of Fox were down slightly, by 0.3% to US$45.25 (RM184) in afternoon 92

July 27, 2018 10:46 AM Velesto Energy bags RM101m job from Shell

PETALING JAYA: Velesto Energy Bhd's (formerly known as UMW Oil & Gas Corp Bhd) wholly owned subsidiary Velesto Drilling Sdn Bhd (VED) was awarded a US$25 million (RM101 million) contract from Sarawak Shell Bhd/Sabah Shell Petroleum Company Ltd for the provision of jack up drilling rig services. Velesto will assign its Naga 7 for the contract, which will go on from Aug 1, 2018 to Sept 30, 2018. The provision 19

July 27, 2018 10:31 AM Dayang Enterprise bags contract from Murphy Sabah Oil

PETALING JAYA: Dayang Enterprise Holdings Bhd's wholly-owned subsidiary company Dayang Enterprise Sdn Bhd has bagged a provision of Pan Malaysia maintenance, construction and modification contract from Murphy Sabah Oil Co Ltd. The group told the stock exchange that the contract is slated to go on between July 17, 2018 and July 16, 2023. "The value of the contract 19

July 27, 2018 6:12 AM Air China Paris-Beijing flight turns back over false terror alarm

PARIS: An Air China flight from Paris to Beijing turned back 30 minutes after take-off on Thursday due to a terrorism threat that subsequently turned out to be a false alarm, the French authorities said. Air China had said earlier that flight CA876 returned to Paris after the airline "received suspected terrorist information," giving no further information 110

July 26, 2018 3:44 PM Dubai police recover stolen US$20m diamond

DUBAI: Dubai police said Thursday they have recovered a rare blue diamond worth US$20 million (RM81.28 million) stolen by a security guard and smuggled out to Sri Lanka in a shoe box. The guard worked at a money transfer company where the gem was stored, police in the southern Gulf emirate said in a video posted on social media. The thief had hidden 18

July 26, 2018 11:14 AM Japan, home of the high-tech loo, hopes basic toilet can save lives

TOKYO: Japan may be famous for high-tech toilets, but one local firm is hoping a much more basic model can help solve deadly sanitation problems in developing countries. More than two billion people around the world do not have access to basic sanitation facilities, and children are especially susceptible to diseases that can spread without hygienic 81

July 25, 2018 12:06 PM Former Fiat Chrysler CEO Marchionne dies

FORMER Fiat Chrysler chief executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs, has died, succumbing to complications from recent surgery. The carmaker’s controlling family shareholder confirmed news reports of his death today, without giving the cause of death or saying when he had died. Marchionne, 66, fell gravely 44

July 24, 2018 11:35 AM Authorities raid MonSpace premises

KUALA LUMPUR: Enforcement officers of the Domestic Trade, Co-operatives and Consumerism Ministry (KPDNKK) raided 16 premises linked to e-commerce company MonSpace Sdn Bhd and its subsidiaries today for allegedly running illegal investment or "money games" schemes. Sources said in a massive operation jointly with Bank Negara Malaysia, the Companies Commission 31

July 24, 2018 10:53 AM Naza to donate RM1,000 to Tabung Harapan for each car sold

KUALA LUMPUR: The Naza Group will contribute RM1,000 towards Tabung Harapan Malaysia for every car sold by the group from June 1 to Aug 31, 2018. "The Naza Group is proud to play its part by contributing to Tabung Harapan Malaysia as a responsible and patriotic corporate citizen," said S. M. Nasarudin S. M. Nasimuddin, Naza Corporation Holdings Sdn Bhd group 15

July 24, 2018 6:55 AM Sky's no limit: Japan firm to fly wedding plaques into space

TOKYO: The sky is no longer the limit for lovers looking for unusual ways to commemorate their nuptials, with a Japanese company now offering to blast commemorative wedding plaques into space. Warpspace, a start-up based in Tsukuba City outside Tokyo, is introducing the new service in partnership with a local hotel popular for wedding banquets. For about 72