Corporate News

Nvidia still growing, but China uncertainty clouds outlook

NVIDIA shares dipped on Wednesday as the fate of its China business hung in the balance, caught up in the trade war between Washington and Beijing.

Corporate News

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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

True Or Not

QuickCheck: Did the phrase 'tying the knot' come from an actual wedding ritual?

THE phrase "tying the knot" has become a familiar way of describing marriage, often used in wedding announcements, social media captions, and everyday conversation. It paints a picture of two lives being bound together in love.

Technology

YouTube reaches short-term extension with Fox to prevent disruption

(Reuters) -YouTube said on Wednesday it has reached a short-term extension with Fox to prevent disruption to YouTube TV subscribers as the companies continue to work on a new agreement.

Technology

Google to invest another $9 billion in AI infra in Virginia

(Reuters) -Tech giant Google said on Wednesday it would invest an additional $9 billion in Virginia through 2026 in cloud and AI infrastructure.

Technology

HP beats third-quarter revenue estimates on AI PC adoption, Windows 11 upgrade

(Reuters) -HP Inc beat Wall Street estimates for third-quarter revenue on Wednesday, driven by growing demand for artificial intelligence-powered personal computers and Windows 11 upgrade cycle.

Technology

CrowdStrike forecasts weak quarterly revenue as Windows-outage impact lingers

(Reuters) -CrowdStrike forecast weak third-quarter revenue on Wednesday, as incentives to retain customers after its botched cybersecurity update continue to weigh on subscription sales.

Tennis

Tennis-Townsend, Ostapenko involved in heated exchange at US Open

NEW YORK (Reuters) -American Taylor Townsend prevailed 7-5 6-1 in a tough U.S. Open second-round clash against Grand Slam winner Jelena Ostapenko on Wednesday but the real tension came after match point when the pair were involved in a heated argument at the net.

World

Mexico reports 53% increase in flesh-eating screwworm cases since July

(Reuters) -Mexico has recorded 5,086 cases of flesh-eating screwworm in animals as of August 17, a 53% jump from the number of cases reported in July, according to Mexican government data seen by Reuters on Wednesday.

Commodities

Oil prices edge up on US crude stocks drop

Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in US crude inventories and as investors weighed the potential impact from new US tariffs on India.

Markets

S&P 500 notches record close, traders turn to Nvidia results

The S&P 500 notched a record high close on Wednesday ahead of quarterly results from Nvidia, Wall Street's most closely watched event this week, which will test the rally that has pushed valuations of AI-related companies to levels that some investors view as too high.

Football

Soccer-Man Utd boss Amorim apologises to fans after Grimsby debacle

GRIMSBY, England (Reuters) -Ruben Amorim apologised to Manchester United supporters after his reign reached a new low with a humiliating elimination from the League Cup by fourth-tier Grimsby Town on Wednesday.

Technology

Delivery Hero lowers full-year adjusted EBITDA outlook to reflect exchange rate headwinds

(Reuters) -German online takeaway food company Delivery Hero on Wednesday lowered its full-year adjusted earnings before interest, tax, depreciation and amortisation outlook to between 900 million and 940 million euros to reflect foreign exchange rate headwinds.

Nation

She gives her all to special needs grandson

FOR the past 12 years, she has been caring for her special needs grandson despite her own declining health.

Metro News

Over 200 guests attend ‘Dead to Rights’ premiere in Kuala Lumpur

Peace and remembrance took centre stage at the premiere of Dead to Rights (Nanjing Photo Studio) as guests reflected on the enduring lessons of war.

Nation

Asean workers risk falling behind in digital and green skills

PUTRAJAYA: Industry leaders and labour officials have urged Asean countries to accelerate efforts to equip workers with digital and green skills, warning that the region risks falling behind in the global transition.

Metro News

Unity, patriotism in focus for National Day

Johor gears up for celebrations highlighting harmony, innovation and inclusivity centred in Batu Pahat.

Metro News

‘Cross-sector collaboration vital for AI ecosystem’

BUILDING a sustainable and competitive artificial intelligence (AI) ecosystem cannot rely on government initiatives alone, says Penang Chief Minister Chow Kon Yeow.

Nation

Pan Borneo Highway set to boost M’sia-Brunei relations

PUTRAJAYA: Malaysia and Brunei are looking forward to the completion of the Pan Borneo Highway to further strengthen regional connectivity and create greater opportunities for tourism and broader economic collaboration between Brunei, Sabah and Sarawak.

Metro News

MPKL hires debt collectors to recover unpaid assessment

KUALA Langat Municipal Council (MPKL) has engaged the service of three licensed debt collectors to recover unpaid assessment tax as part of efforts to improve its revenue this year.