TOKYO, Aug 3 — Japan’s Mitsui & Co will write off its investment in the BP Plc well that caused the oil leak in the Gulf of Mexico, the Nikkei business daily reported.
Business
Ceglia: Getting arrested spurred my Facebook suit
Aug 2nd
Man claiming to own 84 percent of Facebook says he’d forgotten he ever employed Mark Zuckerberg–until state troopers arrested him for fraud in a wood-pellet business.
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ANA to seek budget carrier partners
Aug 2nd
TOKYO, Aug 2 — Japan’s All Nippon Airways plans to seek investment from overseas airlines and investment funds to help set up a low-cost carrier which it aims to launch as early as next year, the Nikkei business daily said today. The move is ANA’s response to growing competition from Chinese and South East Asian discount airlines that kicked off …
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‘Don’t play with fire’, Ahmad Maslan warns Pua
Aug 1st
JOHOR BARU, Aug 1 — Umno information chief Datuk Ahmad Maslan today reminded Petaling Jaya Utara MP Tony Pua not to “play with fire” by proposing the scrapping of discounts for Bumiputera for the purchase of commercial and luxury properties in Selangor.
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Imports slow Q2 growth in US as business spending surges
Jul 31st
WASHINGTON, July 31 — US economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010. The fastest rate of business spending in four years would normally be associated with increased confidence in the economy, but …
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Businessman did not fail to marry already married TV personality, says High Court
Jul 30th
KUALA LUMPUR, July 31 — The High Court yesterday dismissed the suit filed by TV3 personality Maria Tunku Sabri against a businessman for violating a RM5.5 million settlement agreement reached after he allegedly breached a promise to marry. Judicial Commissioner Datin Zabariah Mohd Yusof also ordered Maria to pay cost of RM10,00O to the …
Read more here: Businessman did not fail to marry already married TV personality, says High Court
Reporters’ Roundtable: How to start a tech business today
Jul 30th
Got a great idea for your own tech company? Today we’re talking about how to make it a business, with two great guests: XMarks CEO James Joaquin, and Mahalo CEO (and This Week in Startups host) Jason Calacanis
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RBS may seal branches by Tuesday
Jul 30th
LONDON, July 30 — Royal Bank of Scotland could complete the sale of a network of UK branches and its payment processing business as early as Tuesday, fetching up to 4.3 billion pounds (RM21
Government to set up Felda Investment Cooperative 2
Jul 30th
KUALA LUMPUR, July 30 — The government will set-up Felda Investment Cooperative 2 (KPF2), with an initial fund of RM10 million, to assist the new generation of settlers to be involved in the business activities and development of Felda’s companies.
Li Ka-shing targets UK in business drive
Jul 30th
HONG KONG, July 30 — His name is synonymous with the hard-driving business style in his adopted city of Hong Kong, and now Li Ka-shing will also become a force in Britain after offering to buy one of the nation’s top power grid operators for US$9.1 billion (RM29 billion). At a spry 82, Li (picture) is at once one of Hong Kong’s most colourful and …
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