JPMorgan to cut costs, charge for some deposits
NEW YORK: JPMorgan Chase unveiled plans to slash expenses and reduce certain deposits that have become more costly to hold…
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Tesla tops US best car list for 2nd year
WASHINGTON: Consumer Reports named the luxury electric Tesla S its top car for the second straight year, calling the market-shaking…
Moody’s downgrades ratings for scandal-hit Petrobras
RIO DE JANEIRO: International ratings agency Moody’s said it had downgraded all ratings for scandal-plagued Brazilian oil giant Petrobras. Until…
New Marriott heralded as boost to beleaguered Haiti hotel market
PORT-AU-PRINCE: Haiti’s meager hotel offerings got a major boost on Tuesday with the inauguration of a brand new Marriott in…
Foreigners to pay fees, penalties on Australian real estate
SYDNEY: Foreign investors will have to pay new fees to buy Australian real estate, Prime Minister Tony Abbott said yesterday,…
India under pressure to deliver on ‘Modinomics’ in budget
NEW DELHI: Prime Minister Narendra Modi’s government unveils its first full budget Saturday under intense pressure to bring about promised…
Coastal Contracts’ orderbook poised for growth trajectory
KUCHING: Coastal Contracts Bhd’s (Coastal Contracts) orderbook is poised to remain on its growth trajectory. Following a corporate visit, AllianceDBS…
Perdana Petroleum posts mixed figures for FY14
KUCHING: Perdana Petroleum Bhd’s (Perdana Petroleum) figures for financial year 2014 (FY14) came in mixed as analysts weighed the group’s…