Mon02082016

LAST_UPDATEMon, 08 Feb 2016 7am

As Big Oil Shrinks, Boards Plot Different Paths Out Of Crisis

As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.

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MATRADE To Expand Malaysian Products In West Africa

KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) aims to use Nigeria and Ghana as a platform to promote Malaysian products in the West African region.

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China Says EU Should Take Steel Dumping Claims To WTO

A labourers works at a steel market in Shanghai January 9, 2013. REUTERS/ALY SONG

China's Ministry of Commerce said that claims it was dumping steel in Europe should be put to the World Trade Organization (WTO), responding to reports that the European Commission (EC) was preparing to impose duties on imported Chinese steel.

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Business Services Firms' Shares Bleed As Linkedin, Tableau Crash

FilePic: ReutersNEW YORK/SAN FRANCISCO: Dismal sales outlooks from marquee technology names sent shares in the enterprise sector crashing on Friday as investors questioned whether information-technology managers would keep spending on their products.

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Apple Asks Top US Court To Reject Samsung Appeal

A filing Thursday from the California giant came in response to Samsung's appeal seeking to overturn a $548 million award for patent infringement related to copying features from Apple's iPhones. - FilepicWASHINGTON: Apple has asked the US Supreme Court to dismiss Samsung's appeal in the blockbuster patent case between the two smartphone giants, saying the ruling followed "well-established" legal precedent.

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Argentina Offers $6.5 Billion Cash Deal To End Debt Battle

U.S.-court appointed mediator Daniel Pollack exits his midtown Manhattan office after a meeting on Argentina's debt crisis, in New York February 4, 2016. REUTERS/BRENDAN MCDERMIDArgentina offered a $6.5 billion cash payment to creditors who hold its defaulted bonds on Friday, seeking to end a festering legal battle that transformed the country into a financial markets pariah.

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HDC To Host Halal Cosmestics And Personal Care Conference

KUALA LUMPUR: The Halal Industry Development Corp (HDC), an agency under the Ministry of International Trade and Industry, will hold a conference on "Halal Cosmetics and Personal Care: In Trend" on Feb 16, 2016.

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Dollar Gains After U.S. Data Suggests Possible 2016 Fed Rate Hikes

A Benjamin Franklin U.S. 100-dollar banknote and a Chinese 100-yuan banknote depicting the late Chinese Chairman Mao Zedong, are seen in a picture illustration in Beijing, China, January 21, 2016. REUTERS/JASON LEENEW YORK: The U.S. dollar rebounded against a basket of major currencies on Friday after data showed a pickup in U.S. wages in January, suggesting greater inflation and denting the view that the Federal Reserve would not hike rates at all this year.

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SC, Bursa Malaysia, MSWG Urged To Look Into Sale Of Shell Refinery

KUALA LUMPUR: The Malaysia Malay Traders and Entrepreneurs Association (Perdasama) has called on the Securities Commission Malaysia (SC), Bursa Malaysia and the Minority Shareholder Watchdog Group (MSWG) to look seriously into the sale of Shell Refining Company (Federation of Malaya) Bhd (SRC) to Malaysia Hengyuan International Ltd (MHIL).

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Mercedes Not Chasing Volume At Any Price: Daimler CEO

Daimler CEO Dieter Zetsche presents the new Mercedes-AMG GT3 race car during the first press day ahead of the 85th International Motor Show in Geneva March 3, 2015. REUTERS/ARND WIEGMANNFRANKFURT: Daimler Chief Executive Dieter Zetsche insisted on Friday the German carmaker would not sacrifice margins in its quest to overtake arch rival BMW and become the best-selling luxury car brand.

Read more: Mercedes Not Chasing Volume At Any Price: Daimler CEO