Newsfeed – Business News
How a Deutsche Telekom–T-Mobile US tie-up could become the world’s biggest M&A deal
BERLIN, April 23 — Deutsche Telekom is exploring a possible tie-up with T-Mobile US to create a US$300 billion (RM1.1 trillion) telecoms giant, sources said, in what would overtake Vodafone-Mannesmann’s […]
Xpeng sets 2027 delivery goal for ‘flying’ cars, eyes robot rollout in 2026
BEIJING, April 23 — Chinese electric vehicle maker Xpeng expects to start large-scale production of its “flying” cars next year and of its humanoid robots in the fourth quarter of […]
Ringgit ends mixed as safe‑haven demand persists
KUALA LUMPUR, April 23 — The ringgit ended mixed against a basket of currencies today, as investors continued to buy safe-haven assets. At 6 pm, the ringgit eased to 3.9630/9670 […]
Bursa Malaysia closes firmer on bank, telco gains as ceasefire boosts sentiment
KUALA LUMPUR, April 23 — Bursa Malaysia closed higher today, lifted by selective buying in banking and telecommunications heavyweights amid improved sentiment following the extended ceasefire in West Asia. At […]
Meta AI glasses hype fades as Ray-Ban maker shares slip
PARIS, April 23 — Shares in EssilorLuxottica, the world’s top maker of eyeglasses, slid on Thursday as analysts said investors have turned wary of AI glasses. The French-Italian company has […]
Europe’s top court rules against Lufthansa’s €6b Covid-era bailout approval
LUXEMBOURG, April 23 — The European Court of Justice has sided with rival airlines in a dispute over state aid to Lufthansa, confirming the annulment of a €6 billion (US$7 […]
Tesla eyes AI, robot future with US$25b spend as Q1 profits rise
NEW YORK, April 23 — Tesla reported higher first-quarter profits Wednesday, topping expectations as it confirmed plans for massive additional investments in autonomous transport, humanoid robotics and artificial intelligence. Elon […]
‘American customers have vanished’: China exporters feel pain of US trade war
GUANGZHOU, April 23 — Labourers sweated as they wheeled bags of clothes, shoes and accessories to a sprawling wholesale market in southern China, where shop owners hoped an upcoming visit […]
AI chip exports lift South Korea GDP, shrugging off Middle East tensions
SEOUL, April 23 — Soaring semiconductor demand has driven South Korea’s economy to its fastest growth in over five years, quarterly data from the central bank showed Thursday, as the […]
Ceasefire lift: Bursa Malaysia opens higher as banks lead on Trump’s truce extension
KUALA LUMPUR, April 23 — Bursa Malaysia opened higher on Thursday, buoyed by improved sentiment after US President Donald Trump extended the West Asia ceasefire, with gains led by banking […]