EasyJet shareholders on Wednesday overwhelmingly backed a takeover by US private equity firm Apollo, as the British airline's boss insisted its fares would remain "affordable" amid soaring fuel costs.

EasyJet shareholders back £5.7 bil takeover by US firm Apollo

Spain's data protection watchdog AEPD said on Wednesday that it had launched a probe into the alleged proliferation of child sexual abuse material on social media platform TikTok brought to light in an investigation by a local news website.

Spanish watchdog opens TikTok probe but denies government demand to block app

The government, through the Employees Provident Fund (EPF), will continue to study a proposal to expand the scope and coverage of the EPF i-Sayang scheme to allow Malaysian husbands to make voluntary contributions for their non-citizen wives.

Govt studies proposal to extend EPF's i-Sayang scheme to non-citizen wives 

Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi is confident that the political crisis in Negeri Sembilan will be resolved soon.

Ahmad Zahid confident Negeri Sembilan political crisis nearing resolution

Indonesia's Vice President Gibran Rakabuming Raka has resigned, an aide said on Wednesday, a move that threatens to split a key political alliance and risks further political uncertainty in Southeast Asia's largest economy.

Indonesia's vice president has resigned, aide says, stoking political uncertainty

KUALA LUMPUR (Nov 11): The government, through the Employees Provident Fund (EPF) will continue to study a proposal to expand the scope and coverage of the i-Sayang scheme to allow Malaysian husbands to make voluntary contributions for their non-citizen wives.

Proposal to extend EPF's i-Sayang scheme to non-citizen wives being studied, Parliament hears

The S&P 500 and the tech-heavy Nasdaq climbed on Wednesday after neocloud firm CoreWeave's strong earnings calmed investor jitters about bloated artificial intelligence (AI) expenditure.

S&P 500, Nasdaq rise as CoreWeave results ease AI spending worries

Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi is confident that the political crisis in Negeri Sembilan will be resolved soon.

Zahid confident Negeri Sembilan political crisis nearing resolution

Nvidia Corp’s investigation of chief executive officer Jensen Huang’s affair with an alleged Chinese spy is raising questions about the company’s future and sending its stock into a tailspin.

Nvidia’s bull case hinges on CEO Huang surviving China spy probe

The expansion of electricity bill protection to cover households consuming up to 800kWh a month is expected to cost RM248 million over four months, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Minister: Expanded electricity bill protection to cost RM248 mil, Tenaga to bear automatic fuel adjustment costs

The brewer expressed concern over the continuing impact of the excise duty increase introduced under Budget 2026, which it said had compounded affordability pressures amid an already weak consumer sentiment.

Heineken Malaysia seeks govt restraint on costs as 3Q profit drops 39%

Malaysia's benchmark FBM KLCI fell to its lowest close&nbsp;in about 14 months on Wednesday, as heavyweight banks extended their descent amid rising concerns over the impact of higher US interest rates.

KLCI sinks to 14-month low, ends below 1,600 psychological mark

United Plantations Bhd (KL:UTDPLT) logged a record high third-quarter net profit, underpinned by strong production volumes and firm palm oil prices.

United Plantations posts record 3Q profit, declares 45 sen dividend

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

Zetrix AI, Dialog, United Plantations, Heineken Malaysia, S P Setia, MMAG, Southern Score, L&P Global

China’s ultra-wealthy have declared more than RMB160 billion (RM97.71 billion) in back taxes tied to offshore trusts, bowing to pressure from authorities increasingly eager to expand the tax dragnet far beyond their national borders.

China’s tax clampdown brings in US$24 bil from offshore trusts

Andy Burnham’s government won’t accept so-called dynamic alignment of the UK’s financial services rules with those of the European Union (EU), a stance that raises questions about the prime minister’s wider ambitions for closer ties.

UK PM's rejection of EU financial rules shows Brexit reset limit

Zetrix AI Bhd (KL:ZETRIX) has an additional two days to disclose material information on its financial position, dividend issues and a series of governance and operational issues, after securing an extension from the bourse regulator.

Zetrix AI gets two more days to disclose info on financial position, dividend issues

The principle of fulfilling promises and upholding personal credibility outweighs the importance of maintaining one’s political position, said former transport minister Anthony Loke.

Keeping promises more important than political position, says Loke

Singapore Airlines Ltd returned to profitability in the second quarter as strong travel and cargo demand helped temper elevated costs.

Singapore Air returns to profit on travel, cargo demand

Dialog Group Bhd (KL:DIALOG) said it is investing an additional US$211 million (RM860 million) to develop a second gas field offshore Miri, Sarawak, after achieving commercial production at its first field.

Dialog investing US$211m in second gas field after first project starts production  

A summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

FBM KLCI falls 0.55% to 14-month low of 1,595.19 on Nov 11, 2026

Pakatan Harapan's (PH) representative for its Asahan (<a href="https://theedgemalaysia.com/askedge/elections/state/melaka/n.10" target="_blank">N.10</a>) candidate in the 16th Melaka state election was killed in a road accident in Jasin on Wednesday.

PH candidate's representative in Asahan killed in accident

A Chinese university with deep ties to the People's Liberation Army bought Nvidia's powerful H200 AI chips last month despite being on a US export blacklist, procurement records show, highlighting gaps in Washington's efforts to curb China's access to advanced technology.

Military-linked Chinese university bought Nvidia H200 chips despite US blacklist, records show

The Malaysian Bar has sought the court's permission to challenge the house arrest of Datuk Seri Najib Razak.

Bar files court challenge against Najib's house arrest

Industrial packaging firm L&amp;P Global Bhd (KL:L&amp;PBHD) is considering diversifying into fast-moving consumer goods (FMCG), and construction and procurement of building materials to expand its earnings base.

Packaging firm L&P Global moots diversification into consumer goods, construction

Malaysia has lowered its December crude palm oil (CPO) reference price, a change that maintains the export duty at 10%, a circular on the Malaysian Palm Oil Board (MPOB) website showed on Wednesday.

MPOB lowers December CPO reference price, maintains duty at 10%

Empire Premium Food Bhd (KL:EMPIRE), the operator of the Empire Sushi chain, posted a net profit of RM13.69 million on revenue of RM85.23 million for the second financial quarter ended Sept 30, 2026 (2QFY2027).

Empire Premium Food posts RM13.7 mil quarterly net profit

The retail prices of RON97, unsubsidised RON95 and unsubsidised diesel will drop by 50 sen, 40 sen and 25 sen per litre&nbsp;respectively&nbsp;from Nov 12 to 18.

Retail prices of RON97, unsubsidised RON95, diesel to drop from Thursday

S P Setia Bhd's net profit for the third quarter ended Sept 30, 2026 (3QFY2026) dropped 52.06% to RM32.61 million from RM68.03 million a year ago, due to slower sales and higher operating expenses.

S P Setia’s 3Q net profit drops 52% due to softer market, higher costs  

Southern Score Builders Bhd (KL:SSB8) said its 51%-owned unit has secured two data centre-related electrical work subcontracts in Port Dickson with an aggregate value of RM146.8 million.

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