WASHINGTON, Oct 23 — Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies. The combination would be worth about US$3.5 trillion (RM14.28 trillion) and would be the largest corporate deal in history. What is SpaceX? Musk founded SpaceX in 2002 to cut
KUALA LUMPUR, Oct 22 — Jelutong Member of Parliament RSN Rayer today criticised the police for opening an investigation against lawyers representing Noorizwan Zulkefly, the 42-year-old who died while in police custody. Rayer suggested the investigation was a form of intimidation, as he defended their right to share the photos of Noorizwan’s body, which his
KUALA LUMPUR, Oct 22 — The last signals emitted from the mobile phones of the missing Malaysians in Nepal were traced directly to the location hit by a “glacial tsunami”, Foreign Minister Datuk Seri Mohamad Hasan told the Dewan Rakyat. Fifty-four Malaysians are among the more than 5,500 people still unaccounted for after a major
SEPANG, Oct 22 — The government has urged Malaysians to uninstall Waze over concerns that users’ personal and movement data could fall under Israeli jurisdiction. National Security Council director-general for National Security Raja Datuk Nushirwan Zainal Abidin, however, said there will not be a blanket ban issued to preserve individual freedom of choice. “The government
KUALA LUMPUR, Oct 22 — CIMB Group Holdings Bhd today denied plans to privatise its Indonesian banking subsidiary, PT Bank CIMB Niaga Tbk. In a statement, the group said it has made no decision and tabled no formal proposal on the potential privatisation of CIMB Niaga. The 92.5-per-cent-owned unit remains an integral part of the
CIMB denies plans on privatising Indonesian unit CIMB Niaga Read More »
KUALA LUMPUR, Oct 21 — Ten dismissed Negeri Sembilan executive council members have mounted an unprecedented constitutional dispute at the Federal Court, asking it to determine if the Yang di-Pertuan Besar has the prerogative to revoke their appointments without the advice of the menteri besar. The lawsuit challenges the decision by Tuanku Muhriz Tuanku Munawir
Kuala Lumpur: CIMB Group Holdings Bhd mempergiat usaha untuk menyahsenaraikan anak syarikatnya di Indonesia, PT Bank CIMB Niaga Tbk, dan merancang mengadakan perbincangan dengan pihak pengawal selia berhubung langkah itu, menurut CIMB Investment Bank Bhd (CIMB IB). © New Straits Times Press (M) Bhd utama
CIMB pertimbang nyah senarai anak syarikat di Indonesia Read More »
KUALA LUMPUR, Oct 21 — Malaysia’s major telcos are set to gain a bigger say over Digital Nasional Bhd’s direction as the wholesale 5G operator moves closer to a new ownership structure led by CelcomDigi, Maxis and YTL Power. The transition follows DNB’s completion of a RM5.2 billion financing exercise, paving the way for the
Telcos set for bigger say as DNB ownership transition nears Read More »
