Business
Thermal Battery Maker Antora Raises $550M as AI Strains Power
Antora Energy has raised $550 million in Series C funding to scale its thermal battery systems, which store electricity as heat and…
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Maker
Business
Iris Ventures Leads Multimillion-dollar Investment Into Lucille, Maker of Nutritious Shakes
LONDON — Iris Ventures has led a multimillion-dollar round investment in Lucille Health, a science-backed, functional nutrition company…
News
Australian laser maker EOS opens production centre in Singapore
The centre will produce EOS’s 100 kilowatt-class laser weapon system for Dutch and Korean customers Australia’s Electro Optic Systems…
Business
EV maker Nio set to record first adjusted operating profit for Q4 FY2025
The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix Electric vehicle manufacturer Nio expects to…
Business
Chinese energy drink maker Eastroc fails to pop in subdued Hong Kong debut
It makes functional beverages, which are drinks formulated with added ingredients such as electrolytes or vitamins — China’s Eastroc…
Business
Temasek-backed fizzy drinks maker Chi Forest considers Hong Kong IPO: sources
The drinks manufacturer has held early talks with potential advisers about the share sale Chi Forest, a maker of low-calorie sparkling…
Business
China drinks maker Eastroc Beverage said to gauge interest for billion-dollar plus Hong Kong Listing
The company makes energy and sports beverages, as well as other soft drinks such as teas and juices Chinese energy-drink maker Eastroc…
Business
CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages Hisamitsu…
Business
Tesla dethroned as the world's top EV maker
Elon Musk’s Tesla is no longer the top electric vehicle seller in the world as demand at home has cooled while competition heated up…
Business
Robot vacuum Roomba maker files for bankruptcy after 35 years
Under the restructuring, vacuum cleaner maker Shenzhen Picea will receive the entire equity stake in the reorganised company iRobot filed…
Business
Noodle maker Leong Guan’s shares open 8.7% up from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million Shares of food manufacturing and…
Business
Noodle maker Leong Guan’s shares climb 10.7% from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million Shares of food manufacturing and…
Business
Noodle maker Leong Guan’s shares close 4.3% higher on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million Shares of food manufacturing and…
Unsorted
Tank maker KNDS has 350 orders so far for new Leopard 2 model
The Franco-German armaments group KNDS has received 350 orders from five countries for the latest version of the Leopard 2 battle tank, a…
Business
Noodle maker Leong Guan Holdings to offer 20.65 million shares at S$0.23 each in Catalist listing
The group intends to distribute a minimum of 80% of FY2025 net profit as dividends Food manufacturing and distribution company Leong Guan…
Unsorted
Super Dry maker Asahi aims to restore logistics by February following cyberattack
Japan’s Asahi Group on Thursday said it aims to normalise logistical operations by February after a cyberattack in late September forced…
Business
Apple set to become world’s top phone maker, overtaking Samsung
The upcoming 2026 debut of a foldable iPhone and a budget-friendly iPhone 17e will both help sales Apple will retake its crown as the…
Business
EV maker Nio posts 3.5 billion yuan net loss for Q3 2025
Chinese electric vehicle (EV) maker Nio recorded a net loss of 3.5 billion yuan (S$638 million) for its third quarter ended Jun 30, 2025,…
Business
EV maker Nio trims Q3 loss to 3.5 billion yuan with 40% jump in vehicle deliveries
Chinese electric vehicle (EV) maker Nio recorded a net loss of 3.5 billion yuan (S$638 million) for its third quarter ended Jun 30, 2025,…
Business
Geely-linked car electronics maker eager to shed Chinese roots
Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company Ecarx Holdings, the Nasdaq-listed…
Business
EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion
EV MAKER Rivian on Friday said it was giving its CEO a pay plan worth as much as US$4.6 billion over the next decade, a deal similar to…
Business
China commercial vehicle maker Qingling Motors debuts in Singapore with the EQ2 heavy truck
Automotive group Motorway and Qingling Motors will officially launch an electric heavy vehicle (EHV), the Qingling EQ2, on Friday (Nov 7).…
Business
EV maker Seres steps out of Huawei’s shadow with Hong Kong listing debut
For years, Seres Group leaned on Chinese technology champion Huawei Technologies to transform an assembler of cheap minivans into the…
Business
OpenAI, Amazon strike US$38 billion agreement for ChatGPT maker to use AWS
The deal is among the first major moves by OpenAI since it completed a restructuring last week Amazon.com will supply OpenAI with cloud…