Toys 'R' Us demise could spur merger boom in US toy market
The U.S. toy industry looks set for a flurry of mergers and acquisitions between smaller toy makers in the aftermath of the Toys 'R' Us bankruptcy, as they seek more scope and negotiating power with big box retailers Target and Walmart .
SINGAPORE: The Land Transport Authority (LTA) has awarded two civil contracts worth S$1.16 billion for the construction of the North-South Corridor (NSC) tunnels, the LTA said in a news release on Wednesday (May 23).
The first contract, worth S$602.6 million, was awarded to Samsung C&T ...
KUALA LUMPUR (May 23): Telekom Malaysia Bhd (TM) shares plunged to a five-year low of RM4.06 this morning after reporting a 32% drop in its first quarter net profit amid the government’s plan to halve broadband internet prices.
At 10.23am, the shares fell 14 sen or 3.33% with 2.06 million shares done for a market capitalisation of RM15.78 billion.