Meta axes another 10,000 jobs in new round of cuts
FACEBOOK owner Meta announced a fresh wave of job cuts yesterday, part of what CEO Mark Zuckerberg called the company’s “year of efficiency” as the US tech sector continues to downsize. In an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other […]
UK poised to remove import tariffs on Malaysian palm oil
NEW YORK: The British government is planning to eliminate import tariffs on palm oil from Malaysia, the price of joining an Asia-Pacific trade deal, the Financial Times reported on Tuesday (March 14), citing people involved in the talks. Read full story
Cops actively following up on Red Notice against Jho Low and cohort, Dewan Rakyat told
KUALA LUMPUR: The Red Notice against businessman Low Taek Jho or Jho Low and four other fugitives linked to the 1Malaysia Development Berhad (1MDB) scandal is still active, says Datuk Seri Saifuddin Nasution Ismail. Read full story
Sighting of new moon for Ramadan on March 22
KUALA LUMPUR: The sighting of the new moon for the commencement of the Ramadan fast for Muslims in Malaysia will take place on March 22, the Office of the Keeper of the Rulers’ Seal announced on Wednesday (March 15). Read full story
Gabon ferry disaster toll rises to 21
THE death toll from a ferry disaster off the coast of Gabon last week has risen to 21 and the search continues for 16 people still missing, the public prosecutor said yesterday. Divers managed to recover the bodies of 15 more victims from the wreck of the Esther Miracle, public prosecutor Andre Patrick Roponat said.
Potential domino effect of Silicon Valley Bank collapse
SILICON Valley Bank (SVB), the 16th largest bank in America, is the latest major bank to collapse since the 2008 Financial Crisis. SVB serviced Silicon Valley’s tech start-up industry, with an estimated 3,000 customers and firms affiliated with venture capital and private equity.
Lawsuit filed in bid to halt Alaska oil drilling project
ENVIRONMENTAL groups filed a lawsuit yesterday seeking to halt a controversial oil drilling project in Alaska approved by the Biden administration. The Interior Department gave the green light on Monday to US energy giant ConocoPhillips to drill for oil at three sites in the federally owned National Petroleum Reserve in Alaska’s pristine western Arctic.
Floods: Situation improving in Johor
JOHOR BARU: The flood situation in Johor has been improving steadily after more families were allowed to return home in the past 12 hours. Read full story
Anwar makes brief visit to Kedah for an audience with Sultan
ALOR SETAR: Prime Minister Datuk Seri Anwar Ibrahim made a brief visit to Kedah for an audience with Sultan of Kedah, Sultan Sallehuddin Sultan Badlishah at Istana Anak Bukit here on Tuesday (March 14) night. Read full story
Teenage boy crushed to death by iron fence at Sibu workshop
SIBU: A teenage boy died after being crushed by a two-tonne iron fence at a heavy machinery transport workshop in Jalan Tun Ahmad Zaidi Adruce on Tuesday (March 14). Read full story