JAKARTA : Shareholders of nickel miner PT Vale Indonesia approved a rights issue that will facilitate the acquisition of a stake by Indonesia state mining holding company MIND ID, the company said in a statement late on Friday.Vale Canada and Japan’s Sumitomo Metal Mining had agreed to sell 14 per…
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TOKYO: Nissan Motor slashed its annual operating profit estimate by 14.5 per cent on Friday (Apr 19) citing lower-than-expected vehicle sales and other factors. Japan’s third-largest automaker by volume now estimates an operating profit of ¥530 billion (US$3.43 billion) instead of ¥620 billion for the year that ended in March. Net profit is now estimated at ¥370 billion instead of ¥390 billion. Nissan said its vehicle sales would total 3.44 million vehicles for the year,…
NO INTEREST IN ESCALATION First, Iran has no interest in further escalation. This was already…
BARCELONA : Chinese carmaker Chery said on Friday a newly-acquired Barcelona plant will be one…
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My research supports this, indicating that working from home brings greater happiness and reduces the likelihood of employees quitting. This has to do with how employees’ goals align with their work, rather than just the location of their work. When employees feel their work arrangements support their personal and family…
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MOSCOW: Russian Defence Minister Sergei Shoigu said on Friday (Apr 19) that the country was ramping up manufacturing of tanks and heavy flamethrower systems, but more work was needed to increase production of tank protection equipment. Shoigu’s ministry published video showing him touring a tank factory in the Siberian city…
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TOKYO : The Bank of Japan will raise interest rates again in 2024, according to two-thirds of economists polled by Reuters, but there was no clear consensus on when exactly the move would come.Last month the central bank ended negative rates in a landmark shift away from its super-easy monetary…
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SOFT TOUCHES AND LIGHTING The penthouse features many cosy materials in the furnishing. “From plush upholstery and tactile fabrics to warm wood accents and luxurious rugs, each element was considered to evoke a sense of tactile richness and visual interest, enhancing the overall ambience of intimacy,” affirmed Ng. Quality furniture…
