Global oil major Shell said on Tuesday that it remains “committed to the mobility business” in Malaysia, after a report that it was in talks with Saudi Aramco to sell its gas stations in the country.Reuters reported on Monday, citing four industry sources aware of the discussions, that the talks began in late 2023 and a deal could be worth up to $1 billion.London-based Shell has about 950 fuel stations across Malaysia, according to its…

Singapore

View More

NEW YORK: US air safety authorities are investigating whether embattled aviation giant Boeing completed required inspections on its 787 aircraft and whether employees falsified records, officials said on Monday (May 6). The issue centres on whether Boeing undertook required inspections to “confirm adequate bonding and grounding where the wings join the…

Business

View More

Digital bank Chime will pay a penalty of $3.25 million to the U.S. Consumer Financial Protection Bureau (CFPB) for failing to issue timely refunds to customers who closed their accounts, and will return at least $1.3 million to customers, the regulator said on Tuesday. WHY IT’S IMPORTANTThe fine is another…

Lifestyle

View More