Malaysia seizes Jho Low’s family mansion, New Straits Times says

Kuala Lumpur: Malaysian authorities have seized a mansion believed to belong to the family of Low Taek Jho in connection to investigations into 1Malaysia Development Bhd., the New Straits Times reported. A notice of seizure dated January 17 was posted on the front wall of the house in Penang state, and addressed to a person […]

Disruption is no stranger to the UAE’s FMCG business

Think of FMCG and it is made up of relatively low value and high volume food, beverages, toiletries, over-the-counter drugs and other consumables. Within that, the beverage sector does have a big part, particularly in the hot and sultry months of summer in the UAE. This category constitutes a mix of carbonated and non-carbonated ready-to-drink […]

Levi’s leather patches come under fire by new shareholder

New York. Levi Strauss & Co., fresh off its $623 million initial public offering, is already facing calls for change from one shareholder. PETA, the animal-rights organisation, said it purchased the minimum number of shares needed to be able to submit shareholder resolutions and speak at Levi’s annual meetings. PETA is targeting the cow skins […]