IN recent years, there has been a rise in support for the anti single-use plastic movement due to campaigns emphasising the need to reduce plastic waste and encourage environmentally beneficial behaviours. Globally, the “Say No to Straws” and “Stop Sucking” movements are the best-known of these initiatives. These initiatives seek to inform the public about the harmful effects of littering, particularly with plastic trash.

In Malaysia, one example is the StrawWars campaign started in 2018 by the Young Conservationist Club (YCC) at Universiti Malaysia Terengganu (UMT).

Grappling with the plastic soup problem in our oceans

University-industry collaboration entails the collaboration of corporations and academic institutions for the combined development and sharing of knowledge, technology, and expertise. This form of partnership gives industry partners access to advanced research equipment and the knowledge of university teachers and students while also providing students and faculty with real-world projects and industry exposure. Forming an industrial lab within a university refers to establishing a research facility that addresses industry partners' demands.

Breaking Barriers in University-Industry Partnerships for Innovation

Advanced Micro Devices Inc., a key challenger to Nvidia Corp. in artificial intelligence chips, gave a revenue forecast that exceeded analysts’ estimates, showing that demand for data center processors remains strong.

AMD forecast exceeds estimates after AI chip demand soars

A revival of the artificial-intelligence trade powered Wall Street gains, bonds fell and the dollar rose on US Election Day. Chipmakers halted a selloff that had been fueled by worries the AI spending spree is becoming harder to justify.

Chip stocks rally as bonds fall on US election day

Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.

Malaysia to expand local currency use through BRICS cooperation — MOF

A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said.

US billionaire leads swap plan to buy Lukoil's overseas assets — Reuters

Binance said on Tuesday hackers used a bogus job interview to compromise a computer and an internal artificial intelligence (AI) tool to gain control over the company's wallets before draining US$6.3 billion (RM25.7 billion) worth of crypto, in what could be the largest-ever financial heist.

Binance hackers used fake job interview to compromise computer before US$6.3 bil attack

New orders for US factory goods increased more than expected in September, boosted by bookings for aircraft and a range of other goods, government data showed on Tuesday.

US factory orders beat expectations in September amid broad strength

The S&P 500 and the Nasdaq rose on Tuesday on a further drop in crude oil prices ahead of US midterm election results, while Apple joined the list of Big Tech companies whose earnings failed to impress investors.

S&P 500, Nasdaq edge higher ahead of midterm results; Apple falls

US job openings increased sharply in September while layoffs fell, supporting economists' views that the labour market remained on firmer footing despite tepid employment gains during that month.

US job openings increase sharply in September

Ferrari on Tuesday raised forecasts for this year's results after beating consensus on core profit and revenue in the third quarter, sending shares in the Italian luxury sports car maker up as much as 4.7%.

Ferrari lifts forecasts after outperformance, Luce EV demand strong

President Donald Trump on Tuesday said he made a deal with Israeli Prime Minister Benjamin Netanyahu that Washington would stop US$4 billion (RM16.3 billion) in funding to Israel after the end of this year.

Trump says US will stop US$4b in funding to Israel at end of 2026

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

IOI Properties, IOIPG REIT, Tenaga Nasional, GDB, TWL, HB Global, Malakoff, Orkim, Pertama Digital, MMCS, Asdion, Pekat, Theta Edge, ES Sunlogy

The High Court was told today that businessman Victor Chin Boon Leong was consulted on major decisions involving cargo airline M Jets International Sdn Bhd despite having no aviation background.&nbsp;

Victor Chin consulted on major M Jets decisions, former MMAG executive director tells court

TWL Holdings Bhd (KL:TWL) is seeking shareholders’ approval for another batch of employee share option scheme (Esos) grants made without prior approval, this time involving 119.7 million options awarded to Datin Sek Chian Nee, the wife of its executive chairman and major shareholder Datuk Tan Wei Lian.

TWL Holdings again seeks approval for Esos grants made without prior consent, this time to chairman’s wife

Datuk Ng Chee Siong has been appointed executive director of ready-to-serve food company HB Global Ltd (KL:HBGLOB), while the company’s chief financial officer (CFO), Lim Yong Hwa, has resigned amid a delay in issuing its 2025 annual report.

HB Global appoints Ng Chee Siong as executive director as CFO exits amid annual report delay

Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.

ES Sunlogy Bhd (KL:SUNLOGY) has been awarded two subcontracts worth a combined RM25.07 million by Kerjaya Prospek Group Bhd (KL:KERJAYA) for electrical and infrastructure works in Pulau Andaman, Penang.

ES Sunlogy wins two electrical works subcontracts from Kerjaya Prospek

I have always enjoyed history, especially stories of wars and conflicts: how they begin, how people defend what matters to them and how the consequences can outlast the fighting. Reflecting about tensions around the Strait of Hormuz, I found myself thinking of a different war over oil.

Opinion: The other war on oils — part 1: The war at the supermarket shelf

The S&amp;P 500 and the Nasdaq rose on Tuesday on a further drop in crude oil prices ahead of US midterm election results, while Apple joined the list of Big Tech companies whose earnings failed to impress investors.

The Securities Commission Malaysia (SC) has approved solar engineering firm Pekat Group Bhd’s (KL:PEKAT) proposed transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia.

SC approves Pekat Group's transfer to Main Market

Theta Edge Bhd (KL:THETA) said it has secured a RM33.01 million contract to be the exclusive supplier of up to 5,742 laptops and desktop computers to an IT solutions company.

Theta Edge bags RM33m contract to supply laptops and desktops

President Donald Trump on Tuesday said he made a deal with Israeli Prime Minister Benjamin Netanyahu that Washington would stop US$4 billion (RM16.3 billion) in funding to Israel after the end of this year.

MM Computer Systems Bhd (KL:MMCS) said it has secured a purchase order worth RM51.58 million to supply graphics processing unit (GPU)-accelerated servers.

MM Computer Systems bags RM52m job to supply AI-ready servers

A consortium led by US billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, four people close to the sales process said.

The government plans to develop about 50 latex depots next year to strengthen local rubber production, thereby reducing reliance on latex imports.

Zahid: Govt eyeing 50 additional latex depots in 2027 to reduce reliance on imports

Constituency development funds (CDFs) should be distributed equitably to all members of parliament (MPs), regardless of political affiliation,&nbsp;and must not be used to secure political support, said the Institute for Democracy and Economic Affairs (IDEAS).

IDEAS: Constituency funds to MPs should not be tied to political support

Every year, the haze returns. Air quality deteriorates, schools and businesses adjust their operations, and millions across Southeast Asia bear the economic and social costs of a problem that has persisted for decades. The debate usually focuses on who started the fires. Was it a plantation company, a contractor, a supplier or a smallholder? Yet after years of recurring haze, perhaps we should be asking a different question: who was responsible for ensuring the fires never started in the first place?

Opinion: The haze returns. So where are the independent directors?

Deputy Commissioner General of Prisons (Community) Hafidz Othman has been appointed the new cmmissioner general of prisons, effective Nov 5, the Prisons Department said.

Hafidz Othman appointed new commissioner general of prisons

Asdion Bhd (KL:ASDION) has secured court permission to convene a meeting of seven of its creditors, with listed claims totalling RM4.66 million, to consider a proposed debt restructuring.

Asdion gets court nod for creditor meeting over RM4.66 mil in claims, three-month protection granted

Binance may have digested the largest ever crypto hack with relative ease, but not without ceding some of its dominance in digital-asset trading to rivals.&nbsp;

Binance loses market share to crypto exchange rivals after hack

Binance said on Tuesday hackers used a bogus job interview to compromise a computer and an internal artificial intelligence (AI) tool to gain control over the company's wallets before draining US$6.3 billion (RM25.7 billion) worth of crypto, in what could be the largest-ever financial heist.

Mohd Uzair Rusli

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Mohd Uzair Rusli

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