Appeals court upholds jail sentence, whipping on factory worker for robbery, theft

THE Court of Appeal today upheld the nine-year prison sentence and four strokes of the cane meted out on a former factory worker who pleaded guilty to three counts of robbery and theft at three convenience stores in Johor Baru two years ago. A panel of three judges led by Hanipah Farikullah unanimously dismissed the appeal by […]

Airbus earns record net profit of €4.2 billion in 2022

EUROPEAN aircraft manufacturer Airbus said today profits soared to a record level in 2022 despite supply chain problems limiting its ability to increase production. Net profit rose 1% to €4.2 billion (RM19.8 billion) as Airbus delivered 661 aircraft last year despite original plans to hand over 720 to clients. 

Bankrupt Sri Lanka hikes power prices again for IMF deal

SRI Lanka’s electricity board hiked consumer rates by up to 275%, officials said today, the second steep increase in months as the bankrupt island nation works to secure an International Monetary Fund (IMF) bailout. An unprecedented financial crisis last year saw Sri Lanka’s 22 million people suffer through months of food and fuel shortages, along […]