Top Glove Q3 profit soars to RM2.04b

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Top Glove Q3 profit soars to RM2.04b

MALAYSIA’S Top Glove posted a net profit of RM2.04 billion (S$654.7 million) for the third quarter ended May 31, 2021, almost six times the net profit of RM347.9 million the previous year, though it saw easing quarter on quarter. The robust performance was …
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VW Battery Maker Raises $2.75 Billion in Financing Round

The supplier to manufacturers including Volkswagen AG and BMW AG announced the private placement on Wednesday. It was co-led by Swedish pension funds AP1, AP2, AP3, AP4 and Omers Capital Markets, alongside existing investors Goldman Sachs …
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Anita Frew to become first female chair at Rolls-Royce

Frew, who is currently chair of Croda, the UK chemicals group, will join Rolls-Royce on July 1 as non-executive director and will succeed Sir Ian Davis as chair in October. Davis will retire after nearly nine years in the role.
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Government identifies Cornish mining sector as ripe for investment

This, along with world-class china clay operations and long-developed expertise in mining, quarrying and mineral processing, makes Cornwall a prime location for the exploration and extraction of technology metals to meet the increasing global demand for …
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In China's new Covid hotspot, police detain those who violate virus prevention measures

Since May 21, Guangzhou has seen 115 cases of the delta covid variant first identified in India and known to be highly transmissible. Authorities in the city of over 15 million people have moved swiftly to introduce mass testing and lockdown local areas.
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