Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Property developer Axteria Group Bhd, formerly Acoustech Bhd, has scrapped plans to jointly undertake a mixed development project in Johor Bahru with a gross development value of RM413.2 million.

2. British American Tobacco (Malaysia) Bhd reported that its second quarter net profit dropped 23.66% amid the group's increased investment into growing its vaping brand, Vuse, in Malaysia.

3. Petroliam Nasional Bhd, which is seeking to establish a carbon capture and storage hub in Pahang, has inked a land rental agreement with Kuantan Port Consortium Sdn Bhd.

4. AirAsia X Bhd carried 880,265 passengers in the second quarter of 2024, a 42% year-on-year surge.

5. AME Elite Consortium Bhd plans to launch the 176-acre Northern TechValley industrial park in Penang, with a gross development value of RM1 billion, in the second half of 2024.