Day: August 24, 2019

Straits Herald August 24, 2019

Qantas on Thursday said it will run “ultra long-haul” test flights in the coming months from New York and London to Sydney in order to assess the health of pilots and passengers, as it eyes commercial services on the marathon routes. Three flights aboard Boeing 787-9 aircraft will take place from October, with up to […]

Straits Herald August 24, 2019

The European Union (EU) is considering plans to create their own sovereign wealth fund to build European champions to counter global corporate powers. Reports have surfaced that the so-called EU sovereign wealth fund will be up to €100 billion (US$117 billion). This entity would focus on strategic sectors where the Europeans traditionally do not have […]

Straits Herald August 24, 2019

by Andrea GRAELLS TEMPEL / AFP The G7, which holds a summit opening this weekend in the French resort of Biarritz, is an informal grouping of major powers created in 1975. Originally established as a vehicle for leading industrialised democracies to discuss the global economy, it has expanded its scope to issues such as peace, […]

Straits Herald August 24, 2019

The Axiata-Telenor merger, poised to be one of the more exciting mergers in Corporate Malaysia, is now hanging in the balance. The Straits Herald spoke to two sources familiar with the matter and argues that this merger – while both parties are still at the negotiating table – is no longer viable to be pursued. […]

Straits Herald August 24, 2019

David Koch, a billionaire American libertarian and influential donor to conservative causes, has died at age 79 after a long battle with cancer, his brother Charles said Friday. Koch retired last year as executive vice president of Koch Industries, the conglomerate he co-owned with his older brother and built into the second largest family-owned company […]