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July 16, 2018 11:02 AM US rejects European call for Iran sanctions waiver: FT

PARIS: Washington will not budge on its decision to impose fresh sanctions on corporations operating in Iran, despite a European request for exemption, the Financial Times reported Monday. "International companies active in Iran face the threat of US sanctions within weeks after Washington rebuffed a high-level European plea to exempt crucial industries 3

July 15, 2018 10:49 AM Rebels, families begin evacuating Syria's Daraa city

DARAA, Syria: Syrian rebels and their relatives began evacuating the southern city of Daraa on Sunday, an AFP correspondent and a monitor said, more than seven years after the country's ill-fated uprising erupted there. The transfers were part of a ceasefire deal brokered by government ally Russia, and came after more than two weeks of ferocious bombardment 5

July 14, 2018 3:18 AM Liverpool sign Swiss winger Shaqiri

LONDON: Liverpool have signed Switzerland international Xherdan Shaqiri from Stoke City, the English Premier League giants announced Friday. The Reds said he had signed "a long-term contract", with British media reports saying Shaqiri had arrived at Anfield in a five-year deal for £13 million (RM70 million). The 26-year-old winger's move follows Stoke's 7

July 12, 2018 9:20 AM Nasrudin Hassan should STFU

The PAS information chief, Nasrudin Hassan, is upset with the reforms or changes being introduced in the ‘New’ Malaysia of Pakatan Harapan. He feels Islam is under threat by all these developments. Nasrudin should just STFU. Was it not his many PAS colleagues, his Deputy President included, who said that PAS is better off doing a deal with the DAP-led 10

July 12, 2018 6:24 AM Yinson expects to conclude Nigerian FPSO deal in September

KUALA LUMPUR: Yinson Holdings Bhd, which is currently in exclusive talks to supply a floating production storage and offloading (FPSO) unit to Nigeria's First Exploration & Petroleum Development Company Ltd (First E&P), expects to conclude the negotiation in September this year. Previously, the FPSO specialist said it expects to seal the deal by June 30. "We intend 6

July 11, 2018 3:53 PM Court lifts injunction on Adventa, Aspion directors

PETALING JAYA: The Kuala Lumpur High Court has dismissed Top Glove's ex-parte interim injunction order restraining Adventa Capital Pte Ltd, ACPL Sdn Bhd as well as Aspion Sdn Bhd directors Low Chin Guan and Wong Chin Toh from disposing of their assets in Malaysia. The inter partes hearing for the ex-parte Mareva injunction has been fixed for July 19, according 7

July 10, 2018 6:59 AM Soccer-Iceland skipper Gunnarsson signs one-year deal at Cardiff

Iceland captain Aron Gunnarsson has signed a new one-year contract with Cardiff City. The 29-year old, who led Iceland in their debut World Cup campaign last month, was hindered by a long-term ankle injury last season as Cardiff finished second in the second-tier Championship to earn promotion to the Premier League. "It was tough work to get back, ready 13

July 10, 2018 2:28 AM Barcelona complete 40-million-euro deal for Gremio starlet Arthur

Barcelona have signed promising Brazilian midfielder Arthur Melo from Gremio for 31 million euros (36.4 million US dollars) plus nine million in variables, the club confirmed Monday. The Spanish champions agreed on a deal for the 21-year-old playmaker in March and he will help fill the gap left by Andres Iniesta and Paulinho, who both departed this summer 8

July 5, 2018 6:43 AM Matrade encourages SMEs to be part of its initiatives

KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) is encouraging small and medium enterprises (SMEs) to participate aggressively in the various initiatives undertaken by the trade promotion agency in order to boost their business. Deputy Chief Executive Officer Sharimahton Mat Saleh said financial assistance offered under the Market 12

July 3, 2018 1:27 PM Velesto bags US$31m deal

PETALING JAYA: Velesto Energy Bhd’s indirectly owned subsidiary Velesto Drilling Sdn Bhd has bagged a US$31.08million (RM125.87 million) contract for the provision of one jack-up drilling rig and associated services from Roc Oil (Sarawak) Sdn Bhd. The company formerly known as UMW Oil & Gas Corp Bhd told the stock exchange that it received a letter of award 5