Fashion
BYD said to hire former Stellantis UK boss for Europe push
China’s BYD is hiring the former UK chief of Stellantis, according to people familiar with the matter, as the EV maker builds a team of European executives to lead...
US: Wall Street slips amid earnings deluge, rising Treasury yields
Wall Street opened lower on Tuesday (Oct 29) as investors assessed a host of corporate results and looked ahead to Google-parent Alphabet’s earnings later in the day, while gains...
Mapletree Industrial Trust DPU up 1.5% to S$0.0337, with higher occupancy and rents
MAPLETREE Industrial Trust (MIT) reported a distribution per unit (DPU) of S$0.0337 for the second fiscal quarter ended Sep 30, 2024, up 1.5 per cent from S$0.0332 in the...
Starhill Global Reit posts 1.4% rise in Q1 NPI to S$37.9 million
STARHILL Global Reit reported a 1.4 per cent rise in its net property income (NPI) to S$37.9 million for its first fiscal quarter ended Sep 30, 2024, from S$37.4 million...
PayPal forecasts Q4 revenue below estimates as profit push puts growth behind
PAYPAL forecast fourth-quarter revenue below estimates on Tuesday (Oct 29) as the digital payments company shifts its focus to higher-margin businesses from aggressive expansion, sending its shares down 4...
Australia’s CBA sells another 10% stake in Vietnam’s VIB
COMMONWEALTH Bank of Australia (CBA) has sold a 10 per cent stake in Vietnam International Commercial Joint Stock Bank (VIB) it said on Tuesday (Oct 29), following a previous...
PetroChina profits fall on weaker oil and economic slowdown
Cumulative losses for the nation’s fuel-makers total 32 billion yuan this year till September, amid a downturn in the nation’s property sector and a shift towards electric transportationPETROCHINA’S profit...
China’s Citic Securities Q3 profit rises 21.9%
CITIC Securities, China’s biggest brokerage, reported a 21.9 per cent rise in third-quarter profit on Tuesday (Oct 29), driven by growing investment gains.
Net profit for the three months to...
Adidas reports strongest China sales since early 2022
ADIDAS saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding the Yeezy collection were up on the year on increasing brand...