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Kering CEO aims to double profit margins and revive Gucci in sweeping overhaul
FLORENCE, April 16 — Kering CEO Luca de Meo pledged to more than double the luxury group’s operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic uncertainty and
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EU wants Google to share search data with third‑party engines, including AI chatbots
BRUSSELS, April 16 — The European Commission has proposed that Google allow third-party search engines to access its search data, including that of artificial intelligence chatbots with search functionalities, to comply with the Digital Markets Act, the commission said today.
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Renault aims for seven models and 5pc India market share by 2030, says CEO
NEW DELHI, April 16 — French automaker Renault will have seven models in India by 2030, including battery electric vehicles, as it steps up its product push in the world’s third-largest auto market, its global CEO Francois Provost said today.
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Ringgit firms against US dollar ahead of Malaysia’s 1Q GDP data
KUALA LUMPUR, April 16 — The ringgit rebounded to close higher against the US dollar ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the first quarter of 2026 (1Q 2026), due tomorrow. At 6 pm
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Turkiye detains 162, blocks over 1,100 social media accounts over online posts linked to school shootings
ANKARA, April 16 — Turkish authorities have detained more than 160 people on charges ranging from spreading misleading information to praising two deadly school shootings this week online, the justice minister said today. Justice Minister Akin Gurlek said 95 people
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Malaysia rolls out RM80m classroom push to ease overcrowding in schools nationwide
JOHOR BAHRU, April 16 — The Works Ministry, in collaboration with the Education Ministry, will undertake the construction of classrooms in schools nationwide in an effort to address the issue of overcrowding in schools nationwide. Deputy Works Minister Datuk Seri
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Gobind: Malaysia stays on course for AI Nation goal by 2030 despite global headwinds
ISKANDAR PUTERI, April 16 — Malaysia remains on track to achieve its target of becoming an Artificial Intelligence (AI) Nation by 2030, despite global uncertainties arising from the West Asia conflict, says Digital Minister Gobind Singh Deo. He said the
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Bursa Malaysia rebounds on hopes of easing US–Iran tensions
KUALA LUMPUR, April 16 — Bursa Malaysia rebounded from early losses to close higher today supported by a more stable global backdrop amid rising hopes of an easing in United States-Iran tensions following renewed talks. At 5 pm, the FTSE
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Armed robbers hit Brickfields gold shop, flee with RM9.7m jewellery
KUALA LUMPUR, April 16 — Four armed men reportedly robbed a gold shop on Jalan Tun Sambanthan here this morning, with losses estimated at up to RM9.7 million. Kuala Lumpur Police Chief Datuk Fadil Marsus said the suspects entered the
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DBKL steps up enforcement every two days to tackle street photo touts in KLCC tourist hotspot
KUALA LUMPUR, April 16 — Kuala Lumpur City Hall (DBKL) conducts joint enforcement operations with the police every two days to curb the activities of street photographers, or photo touts, in the Kuala Lumpur City Centre (KLCC) area. Mayor Datuk
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