Sunday, October 23rd, 2016


Kaine, Trump, US lawmakers raise concerns over AT&T-Time Warner deal

WASHINGTON, Oct 23 — The telecom-media giant that would be formed if federal regulators approve AT&T Inc’s US$85.4 billion (RM357.1 billion) purchase of Time Warner Inc raises antitrust issues, Democratic vice presidential candidate Tim Kaine… Source: The Malay Mail Online

AT&T-Time Warner may signal start of new media industry consolidation

WASHINGTON, Oct 23 — The tie-up of AT&T Inc and Time Warner Inc, bringing together one of the country’s largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid… Source: The Malay Mail Online

Iraq to keep pumping oil while Opec partners talk cuts

BAGHDAD, Oct 23 — Iraq will maintain oil production at current levels after exceeding 4.7 million barrels a day in September, even as other Opec members discuss limits on output. Iraq asked the Organisation of the Petroleum Exporting Countries… Source: The Malay Mail Online

Russian and Gulf Arab oil ministers meet as Opec cut looms

KUWAIT, Oct 23 — Russia’s energy minister met with counterparts from Saudi Arabia and other Arab Gulf oil producers to discuss steps to stabilise crude markets amid Opec’s drive to win cooperation from the biggest supplier outside the group… Source: The Malay Mail Online

Indonesia’s Mandiri sees 2016 provisions of up to US$1.5b

JAKARTA, Oct 23 ― Indonesia’s PT Bank Mandiri Tbk will raise its provisions to 18-20 trillion rupiah (RM5.85-RM6.27 billion) for 2016 from 11 trillion rupiah a year earlier, as bad loans spread beyond the commodities sector, its CEO told Reuters… Source: The Malay Mail Online

AT&T quarterly sales fall short as carrier posts results early

NEW YORK, Oct 23 ― AT&T Inc, after announcing yesterday it is buying media giant Time Warner Inc. for US$85.4 billion (RM357.3 billion), posted third-quarter sales that missed analysts’ estimates as it contends with a maturing wireless market,… Source: The Malay Mail Online

AT&T agrees to buy Time Warner for US$85b

NEW YORK, Oct 23 ― AT&T Inc said yesterday it agreed to buy Time Warner Inc for US$85.4 billion (RM357.3 billion), the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network to attract a growing… Source: The Malay Mail Online

Source: Goldman Sachs’ Latam investment bank chief to leave

MEXICO CITY, Oct 23 ― Martin Werner, co-head of Goldman Sachs’ investment banking business in Latin America, will depart the Wall Street bank at the end of this year, according to a person familiar with the situation. Werner, who also runs… Source: The Malay Mail Online

Reprogramming SMEs to solve braindrain

KUCHING: Joyce is a young professional with a background in biomedical science and a Master’s in Business management. She left Malaysia six years ago to pursue her tertiary education in Australia but chose to return to Malaysia to look for work opportunities rather than remain overseas. Thanks to her high qualifications, she quickly obtained a […] Source: Borneo Post Online

The week at a glance 23 October 2016

Sabah & Sarawak Nando’s mulls expansion within Sarawak over next few years Nando’s Chickenland Malaysia Sdn Bhd (Nando’s) is looking to expand further in Sarawak over the next couple of years.  This comes hot on the heels of its second Kuching outlet launched at The Spring Shopping Mall. Marketing director for Malaysia and Singapore, Chai […] Source: Borneo Post Online