Airbus CEO Warns Workers It’s Bleeding Cash and Needs Cuts

Airbus SE chief Guillaume Faury warned employees that the planemaker is “bleeding cash” and needs to quickly cut costs to adapt to a radically shrinking aerospace industry.

As people stay home, Earth turns wilder and cleaner

As people across the globe stay home to stop the spread of the new coronavirus, the air has cleaned up, albeit temporarily. Smog stopped choking New Delhi, one of the most polluted cities in the world, and India’s getting vi...

China’s markets already pricing in more easing

Investors across China’s financial markets are betting the central bank will need to keep ramping up monetary stimulus, ignoring economists who are virtually certain that won’t happen any time soon.

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Construction companies’ earnings forecast stays

It said that many listed contractors on Bursa Malaysia had applied to resume work at their projects last week and some have already received approval from Miti. These include SunCon, HSS Engineers Bhd, YTL Corp Bhd, WCT Holdings Bhd and IJM Corp B...

YTL Foundation gives free SIM cards to 30,000 USM students

WITH the Movement Control Order (MCO) going into the sixth week, most universities in the country have moved into online platforms in order that lectures can continue. In the case of Universiti Sains Malaysia (USM), a large majority of their 30,00...

YTL SGREIT change from quarterly to semi-annual distributions and half-yearly reporting of financial statements

YTL Starhill Global's board of directors will be taking a 20 per cent cut in directors' fees. CEO and CFO will each take a pay cut of 10 per cent, while other senior staff will take pay cuts of 5 per cent. The cuts will be effective for three mont...

Aiding B40 kids to keep up with studies online

“We salute all teachers and we trust them to help us ensure that their most needy students will receive the free mobile phones.”

YTL Foundation giving free phones to B40 students

"We salute all teachers and we trust them to help us ensure that their most needy students will receive the free mobile phones," said YTL Foundation Chairman, Tan Sri Francis Yeoh.

YTL Foundation to give away free mobile phones to B40 students under Learn from Home Initiative

YTL Foundation chairman Tan Sri Francis Yeoh Sock Ping said his mother was a teacher, and he and his siblings grew up witnessing her dedication to her students. “She would give extra classes to her weaker students every day after school...