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The deal will merge two of the country’s leading construction and property firms into one powerhouse valued at nearly RM50 billion [KUALA LUMPUR] Shares of IJM Corp emerged as one of the most heavily traded counters on Bursa Malaysia on Tuesday (Jan 13), as investors reacted to the massive RM11 billion (S$3.5 billion) merger proposal from Sunway. Trading activity was marked by intense volatility; after hitting a three-month high of RM2.97 in early trade, the share price fluctuated sharply throughout the session. At closing, the stock had surrendered its early gains, dropping to a low of RM2.74, slightly below its…
The battle between Netflix and Paramount stands to reshape the entertainment industry regardless of who wins[LOS ANGELES] Paramount Skydance ratcheted up the stakes in the months-long battle for Warner Bros Discovery, saying that it plans to nominate directors to the board to thwart a merger with Netflix.The company, run by David Ellison, also said it filed a lawsuit against Warner Bros in an attempt to force out into the open more details about Netflix’s US$82.7 billion takeover agreement, escalating an acrimonious bidding war between the media company and the streaming giant that has captivated Hollywood and Wall Street.Paramount has been…
PARIS — After winning his first Golden Globe, Timothée Chalamet said it was a good start to the new year.But making 2026 a perfect year would require more than the French-American movie star’s acting skills.Asked by French magazine Paris-Match during the ceremony whether it could be “the year of Chalamet,” he was quoted as saying that “for 2026 to be truly perfect, Saint-Etienne will have to be promoted back to Ligue 1 next season.”Chalamet was referring to the soccer team he supports, a storied name in France that has lost much of its former luster and was relegated to the…
NEW YORK — A federal judge has ordered the Trump administration to restore nearly $12 million in funding to the American Academy of Pediatrics, including money for rural health care and the early identification of disabilities in young children.U.S. District Judge Beryl Howell in Washington, D.C., awarded the preliminary injunction late Sunday, siding with AAP in saying evidence showed the U.S. Department of Health and Human Services likely had a “retaliatory motive” when it terminated grants to the pediatric group in December.“This is not a case about whether AAP or HHS is right or even has the better position on…
As we look ahead to what many consider the best football weekend of the year — the Divisional Round of the NFL Playoffs — it will be hard to top what we just witnessed this past week. Dating back to the regular-season finale between the Steelers and Ravens, there have been nine college and pro football games. Seven of those nine came down to the final minute — if not the final play — of the game. Comebacks, upsets and wild fourth quarters have made for an incredible stretch of football. So how can this upcoming weekend top that? Let’s look ahead and…
During his last year in office, Colorado Gov. Jared Polis will make his final decisions on which prisoners in the state he will grant clemency. Among those under consideration is Tina Peters, who was convicted of multiple felonies stemming from unauthorized accessing of voting machines, and who President Trump has repeatedly demanded be set free. Peters, a former county clerk of Mesa County in western Colorado and former candidate for Colorado secretary of state, was sentenced in October 2024 to nine years in prison after being convicted on seven of 10 state charges, including three counts of attempting to influence a public…
The Google parent is the fourth company to hit the US$4 trillion milestone after Nvidia, Microsoft and Apple[BENGALURU] Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI) focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes race.In the latest sign that its efforts were paying off, Alphabet said the next generation of Apple’s AI models will be based on Google’s Gemini under a multi-year deal.The company’s class-A shares rose as much as 1.7 per cent to US$334.04 to hit a record high…
Chinese hackers targeted the email inboxes of staff working in several House of Representatives committees, according to two people with knowledge of the matter.The people declined to disclose details of specific committees affected because an investigation into the intrusions is early and ongoing. They requested anonymity because they were not authorized to speak publicly about the matter. The Financial Times first reported details of the hacking attempts and said committees including foreign affairs, intelligence and armed services were impacted. FT said Salt Typhoon, a Chinese state-aligned hacking group that gained infamy in 2024 for its hacks into telecom systems around the…
The largest nurses strike in New York City history is underway after negotiators for five major hospitals and the state nurses union failed to agree to a new contract by Monday’s deadline. The New York State Nurses Association said nearly 15,000 nurses are now walking off their jobs at five privately-run hospitals, including Mount Sinai Hospital, Mount Sinai Morningside, Mount Sinai West and NewYork-Presbyterian in Manhattan, and Montefiore Einstein in the Bronx. NYSNA said nurses at Mount Sinai started the strike at 6 a.m., while nurses at the remaining hospitals started picketing an hour later.Gov. Kathy Hochul declared a state of emergency in anticipation…
NFL Wild Card Weekend delivered a memorable slate of football, including four late comebacks from some of the league’s most exciting quarterbacks.Matthew Stafford, Caleb Williams and Josh Allen all delivered late-game heroics, as did Brock Purdy to knock out the reigning champions on Sunday. In the nightcap on Sunday, the Patriots advanced as Drake Maye improved to 1-0 in the playoffs. Then, the Texans dominated the Steelers.Here is where things stand after the Wild Card Round:Sound Smart: 8 Observations From NFL Wild Card WeekendNFL Playoff Bracket NFL Divisional Round MatchupsNFCSaturday on FOX, 8 p.m. ET: No. 6 49ers at No.…
