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Half a million sign petition supporting Uber in London

Sat, 23 Sep 2017 21:42:44 +08:00

SAN FRANCISCO/LONDON: Half a million people have signed an online petition in under 24 hours backing Uber's bid to stay on roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators. Half a million people have signed an online petition in under 24 hours backing Uber's bid to stay on roads of London


Media Files:
http://www.thestar.com.my/~/media/online/2017/09/23/13/43/uber-london1.ashx?crop=1&w=0&h=0&




Asean online services firm Sea seeks NYSE listing, Khazanah an investor

Sat, 23 Sep 2017 21:36:09 +08:00

SINGAPORE: Southeast Asia's Sea Ltd, which provides e-commerce and digital payments services, is eyeing a $1 billion offering of new shares in aggregate in a proposed IPO on the New York Stock Exchange, according to a document it has filed with the U.S. Securities and Exchange Commission.Khazanah is an investor in e-commerce and digital payments services provider Sea Ltd, which is eyeing a $1 billion offering of new shares on NYSE.


Media Files:
http://www.thestar.com.my/~/media/online/2016/02/23/02/24/khazanah-nasional-lat.ashx?crop=1&w=0&h=0&




Moody's downgrades UK's rating on Brexit and growth fears

Sat, 23 Sep 2017 21:27:05 +08:00

LONDON: Ratings agency Moody's downgraded Britain's credit rating on Friday, saying the government's plans to bring down its heavy debt load had been knocked off course and Brexit would weigh on the economy.Britain's Prime Minister Theresa May speaks at the Complesso Santa Maria Novella, Florence, Italy September 22, 2017. REUTERS


Media Files:
http://www.thestar.com.my/~/media/online/2017/09/23/13/28/theresa-may-sept17.ashx?crop=1&w=0&h=0&




China's recoverable shale gas reserves fell by 6 pct in 2016

Sat, 23 Sep 2017 21:17:05 +08:00

TIANJIN: China's technologically recoverable shale gas reserves dropped by 6 percent in 2016, the country's Ministry of Land and Resources said on Saturday, with no new finds of the unconventional resource recorded last year.nvestors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry’s resurgence. - Reuters


Media Files:
http://www.thestar.com.my/~/media/online/2017/09/23/13/23/shale-us.ashx?crop=1&w=0&h=0&




Focus more on making money than saving money

Sat, 23 Sep 2017 21:09:58 +08:00

AT CompareHero.my we care about saving money, a lot. We try not to be extreme cheapskates because where is the fun in that?


Media Files:
http://www.thestar.com.my/~/media/online/2017/09/23/13/12/makemoneysept17.ashx?crop=1&w=0&h=0&




N. American semicon equipment industry posts lower billings in August

Sat, 23 Sep 2017 21:06:37 +08:00

KUALA LUMPUR: North America-based manufacturers of semiconductor equipment posted lower global billings in August of US$2.18bil (on a three-month average) from the preceding month as growth took a pause.SEMI president and CEO Ajit Manocha said equipment billings in August declined relative to July, signaling a pause in this year's extraordinary growth.


Media Files:
http://www.thestar.com.my/~/media/online/2017/01/07/14/16/semiconjan17.ashx?crop=1&w=0&h=0&




'Unfit' Uber stripped of London licence

Sat, 23 Sep 2017 07:08:33 +08:00

LONDON: London deemed Uber unfit to run a taxi service on Friday and stripped it of its licence to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest citiesThe capital's transport regulator said the Silicon Valley technology giant's approach and conduct was not fit and proper to hold a private vehicle hire licence and it would not be renewed when it expires on Sept. 30. Uber, which has 40,000 drivers working in the capital, said it would contest the decision.


Media Files:
http://players.brightcove.net/4405352761001/default_default/index.html?videoId=5584440799001




Moody's downgrades UK's rating on Brexit and growth fears

Sat, 23 Sep 2017 07:00:27 +08:00

LONDON: Ratings agency Moody's downgraded Britain's credit rating by a further notch on Friday, saying the government's plans to fix the public finances had been knocked off course and Brexit would weigh on the economy.A few hours after Prime Minister Theresa May set out plans for a new relationship with the European Union, Moody's cut the rating to Aa2 from Aa1, underscoring the economic risks that leaving the bloc poses for the world's fifth-biggest economy. (A view of the London skyline shows the City of London financial district, seen from St Paul's Cathedral in London. -Reuters filepic)


Media Files:
http://www.thestar.com.my/~/media/online/2017/09/22/23/05/london-financial-district.ashx?crop=1&w=0&h=0&




Zuckerberg nixes new Facebook share class, fulfills pledge to give away wealth

Sat, 23 Sep 2017 06:54:17 +08:00

WILMINGTON, Del.: Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth.Zuckerberg on Friday said that he could meet the charity pledge and maintain voting control of Facebook without the change. His decision followed a shareholder lawsuit opposed to the creation of a new class of stock.


Media Files:
http://www.thestar.com.my/~/media/online/2013/12/20/00/35/zukerbergfacebookshareslat.ashx?crop=1&w=0&h=0&




Boeing boosts SEA order forecast; AirAsia, Vietjetjet others become important

Sat, 23 Sep 2017 06:43:34 +08:00

SINGAPORE: Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible. Southeast Asia, home to rapidly growing low-cost carriers like Indonesia's Lion Air, Vietnam's Vietjet and Malaysia's AirAsia Bhd , is taking on greater importance for Boeing and Airbus Southeast Asia, home to rapidly growing low-cost carriers like Indonesia's Lion Air, Vietnam's Vietjet and Malaysia's AirAsia Bhd, is taking on greater importance for Boeing and Airbus SE as North American and European markets are more mature with far lower growth rates.


Media Files:
http://www.thestar.com.my/~/media/online/2016/05/30/02/25/airasia-afp-300516.ashx?crop=1&w=0&h=0&