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 •  AT&T in advanced talks to buy Time Warner - WSJ
NEW YORK: AT&T Inc is in advanced talks to acquire media conglomerate Time Warner Inc, and a deal could come as early as this weekend, the Wall Street Journal reported.
 •  Petronas to pay RM13bil in dividend to Govt next year
KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) is expected to pay RM13bil in dividend to the Government next year, RM3bil less compared with the contribution in 2016.
 •  S&P, Dow fall with health stocks; Microsoft lifts Nasdaq
NEW YORK: The S&P 500 and the Dow were dragged down on Friday by energy and healthcare stocks, while a record-setting rally in Microsoft kept the Nasdaq in positive territory.
 •  Some views on the budget
Views on Budget 2017 from AmBank Group CEO Datuk Sulaiman Mohd Tahir, Moody’s Investors Service vice-president Christian de Guzman, MIDF group MD Datuk Mohd Najib Abdullah, LTAT chief executive Tan Sri Lodin Wok Kamaruddin and Uber Malaysia GM Leon Foong, among others.
 •  Budget receives association’s stamp of approval
KUALA LUMPUR: Malaysian Investment Banking Association lauds the Government’s commitment to ensure the economy continue to expand at a healthy pace while also reducing the fiscal deficit and addressing the public debt, said its chairman Tan Sri Azman Hashim.
 •  Halex cancels deal due to lack of shareholders’ approval
KUALA LUMPUR: Halex Holdings Bhd’s proposed acquisition of a majority stake in Kensington Development Sdn Bhd (KDSB) was terminated due to its failure to get the required approval from its shareholders for the transaction and the diversification into property development.
 •  Fima to challenge withdrawal of Indonesian plantation rights
KUALA LUMPUR: Fima Corp Bhd has begun legal proceedings to challenge the order by the National Land Agency (BPN) under Indonesia’s Agricultural and Spatial Planning Ministry to revoke its subsidiary’s land cultivation rights (Hak Guna Usaha or HGU) affecting 3,691.9ha planted area.
 •  2017 Budget: New corporate tax scheme for SMEs
UNDER the 2017 Budget proposals, the government is introducing a new scheme specifically for the year of assessment 2017 and 2018 which will; benefit the small and medium scale enterprises (SMEs).
 •  Mydin to open seven branches over next two years
SUNGAI PETANI: Mydin Mohamed Holding Sdn Bhd (Mydin) plans to open seven new branches throughout the country over the next two years, including one in Sarawak by year-end.
 •  Some of the highlights of 2017 Budget
Here are the highlights of the 2017 Budget proposals announced on Friday by Prime Minister Datuk Seri Najib Tun Razak:
Updated: 10 minutes ago
 •  Mahindra two-wheelers bids for Peugeot Citroen's scooters
Automobile major Mahindra & Mahindra's two-wheeler subsidiary Tuesday said that it has made a binding offer to acquire a majority stake in PSA Peugeot Citroen's scooter business.
 •  Sensex trades in red; bank stocks down
Opening after an extended weekend holiday, a benchmark index of Indian equities markets Tuesday traded 108 points or 0.
 •  India offers $250 bn investment opportunity in infrastructure
India needs $250 billion in next 20 years for basic urban infrastructure and this offers huge investment opportunities to international investors, said country's Urban Development Minister M.
 •  SJVNL signs pact for Bhutan hydro project
The public sector Satluj Jal Vidyut Nigam Ltd (SJVNL) has signed an agreement for commissioning of the 600 MW Kholongchu Hydro Electric Project in Bhutan, whose foundation stone was laid by Prime Minister Narendra Modi, the company said Wednesday.
 •  Amazon has high expectations from India business: Jeff Bezos
Amazon has very high expectations from its Indian operations, Chief Executive Officer Jeff Bezos said here Wednesday.
 •  Sensex trades flat; banking stocks plunge
A benchmark index of Indian equities markets Wednesday was trading flat at 22.
 •  Diesel in over-recovery; retail prices exceed global rates
With the rates of the Indian basket of crude oil falling below $95 a barrel, the petroleum ministry Wednesday said losses on diesel sales had been wiped out with the government now looking at a profit of nearly two rupees a litre on the fuel sales.
 •  Ford India's sales dip in September
Passenger car manufacturer Ford India experienced a dip in its September sales as compared to the corresponding period of 2013, the company said Wednesday.
 •  Microsoft Devices launches new Lumia devices
Microsoft Devices Wednesday launched three new Windows smartphones - Lumia 830, Lumia 730 and Lumia 930, a top company official said here.
 •  Maruti Suzuki's September sales up
India's largest passenger car manufacturer Maruti Suzuki Wednesday reported a healthy sales growth of 4.
 •  Reliance Communications to reduce debt to under Rs.20,000 crore
Reliance Communications targets to bring its debt to under Rs.
 •  Maruti Suzuki recalls 69,555 vehicles
In one of the largest automobile repair and inspection exercises, passenger car major Maruti Suzuki Tuesday said that it has recalled 69,555 diesel Dzire, Swift and Ritz models, stating that it will proactively inspect and repair a wiring harness.
 •  Hero MotoCorp's August sales up 30 percent
Two-wheeler manufacturer Hero MotoCorp Tuesday reported sales growth of 30 percent in September by dispatching 600,000 units.
 •  Monetary policy will be inflation data-contingent: RBI
Given that inflation is expected to level at around 7 percent by 2016, the Reserve Bank's monetary policy going ahead will be contingent on relevant data coming in, RBI Governor Raghuram Rajan said Tuesday after announcing the central bank's fourth bi-monthly policy review.
 •  Eight core industries up 5.8 percent in August
Eight core industries such as coal, electricity, crude oil, cement and steel, grew at 5.
Updated: 1073255 minutes ago
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