Lend Lease launches Trafalgar Place development in London
KUCHING: Lend Lease, the integrated property and infrastructure group, recently announced the launch of its residential development Trafalgar Place which…
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Picking Merentes may signal more pragmatic approach
CARACAS: Venezuela’s designation of central bank president Nelson Merentes as finance minister signals the Organisation of Petroleum Exporting Countries (Opec)…
Oliver says Canada will not extend state-owned takeover ban
Canada probably will not extend limits on takeovers by state-owned enterprises beyond the oil sands unless the target resource is…
Credit Suisse sells private equity unit to Blackstone
Credit Suisse Group AG has agreed to sell a private equity business to Blackstone Group, the latest move by an…
Tycoon makes US$6.6 bln bid in massive Asian retail push
BANGKOK: Thailand’s richest man has made a US$6.6 billion (4.3 billion pound) offer to buy cash-and-carry wholesaler Siam Makro Pcl,…
OECD backs Japan deflation fight, says must cut debt pile
TOKYO: The Organisation for Economic Co-operation and Development (OECD) yesterday backed Japan’s bid to end years of deflation, but called…
ACCC allows Virgin’s 60 pct stake in Tiger Airways
SYDNEY: Australia’s competition regulator yesterday approved Virgin Australia’s purchase of a 60 per cent stake in low-cost rival Tiger Airways…
MISC shares tumble on failure of Petronas takeover offer
KUCHING: MISC Bhd’s (MISC) share price took a significant dive yesterday on the back of its remaining minority shareholders rejecting…