GUEST: Last year AI companies attracted more than $10.8 billion in funding from venture capitalists like me. AI has the ability to enable smarter decision-making. It allows entrepreneurs and innovators to create products of great value to the customer. So why don’t I don’t focus on investing in AI? During the AI boom of the 1980s, […]
KUALA LUMPUR: Tan Sri Wan Zulkiflee Wan Ariffin describes his last three years at the helm of Petroliam Nasional Bhd (Petronas) as both challenging and exciting.
Challenging and exciting indeed. When he took the helm, Wan Zul had to steer the national oil company through a prolonged industry downturn. Three years on, Petronas has a new shareholder. Crude oil prices remain volatile while the need to boost government coffers has become more urgent. Wan Zul may also have to deal with a management shake-up.
KUALA LUMPUR: Blue chips snapped their two days of gains on Friday, as selling of IHH Healthcare, Tenaga Nasional and banks dragged the FBM KLCI into the red, in line with the weaker key Asian markets.
(Dec 14): Shares of India's Fortis Healthcare Ltd posted its biggest intraday fall in over 8½ months after a CNBC TV18 report said the country's top court put its sale to Malaysia's IHH Healthcare on hold.
Shares fell as much as 14.3% to 130 rupees, their lowest since Oct 30, in a heavy trading session where more than 15.9 million shares were traded by 0704 GMT, compared to their 30-day average of about 2 million shares.