Business
DFI Retail Group hikes dividend payout ratio to 70% in three-year plan
The group is targeting a compound annual growth rate of 11 to 15% for its underlying profit DFI Retail Group has unveiled a three-year…
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Plan
Business
Outspoken short seller Michael Burry shorts Tesla over valuation and Musk pay plan, Fortune says
Michael Burry has bet against the shares of Tesla, saying they are “ridiculously overvalued” and warning that founder Elon Musk’s proposed…
Business
European arms makers retreat as Ukraine peace plan gains traction
European defence shares fell to their lowest levels since late August on Friday (Nov 21), pausing their strong run this year, after…
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Why the Witkoff Plan for Peace Is Simply a Nonstarter for Ukrainians | National Review
The scheme would remove the tools that Ukraine needs to defend itself from subsequent Russian aggression. Source link
Business
Hyundai’s US$26 billion investment plan in the US to continue despite immigration raid, says CEO
Automotive giant Hyundai’s plan to invest US$26 billion into the US between 2025 to 2028 will continue as planned. This is even after its…
Business
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor…
News
What Is B-Heard? Zohran Mamdani Wants Social Workers and Not Cops to Respond to 911 Calls but a Similar Plan Is Already Flopping in the Big Apple
Mayor-elect Zohran Mamdani is pushing to replace police officers with social workers for responding to 911 calls — but a similar…
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The Dream of Finishing One’s To-Do List in “Retirement Plan”
Watch “Retirement Plan.” Watch the Irish director John Kelly’s “Retirement Plan” and, if you are in any way creative or ambitious, you’ll…
Business
Toyota opens US battery plant, confirms US$10 billion investment plan
TOYOTA Motor said on Wednesday it had begun production at its US$13.9 billion North Carolina battery plant as it ramps up hybrid…
Business
ASX appoints new compliance chief amid pressure to deliver on turnaround plan
AUSTRALIAN stock exchange operator ASX has appointed Lucinda McCann as its new chief compliance officer with immediate effect, the company…
Business
Indonesia discussing plan for merger of Grab and GoTo: official
Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the…
Business
Tesla shareholders approve US$878 billion pay plan for Elon Musk
Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the…
Business
India is set to triple rare earth magnets plan to 70 billion rupees
Several overseas suppliers have expressed interest in providing rare earth materials to the South Asian nation India plans to almost…
Business
Raffles Education jumps 19% on debt conversion; special dividend plan
Shares of Raffles Education surged over 19 per cent on Friday (Oct 31) morning after the company announced a debt conversion plan. It…
Business
China signals it will pull plug on subsidies for EVs with five-year plan exclusion
Analysts say the country’s EV industry is now world-leading and considered mature [SHANGHAI/BEIJING] China has sent a clear signal that it…
Business
Tesla’s Cybercab backup plan: sell it with a steering wheel
In short, it’s open to making it more like a normal vehicle that human drivers can control Tesla sees the forthcoming Cybercab as its…
Business
Australia’s Lynas reveals plan to build new rare earth facility in Malaysia
Australia’s Lynas Rare Earths said on Wednesday (Oct 29) that it would set up a new heavy rare earth separation facility in Malaysia for…
Business
Uber to plan investments in Hong Kong listings of Pony AI, WeRide
UBER Technologies is planning to invest in the Hong Kong listings of Pony AI and WeRide, according to people familiar with the matter,…
Business
VF’s Q2 Profit Indicates Progress on Turnaround Plan
VF Corp. is progressing on its turnaround plan, besting Wall Street’s expectations in the second quarter. For the second quarter ended…
Business
China securities regulator unveils plan to ease foreign investor access
Qualified foreign investors will also be allowed to use exchange-traded fund options The China Securities Regulatory Commission (CSRC)…
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Asia: Stocks rally as traders cheer Trump-Xi meeting plan
ASIAN markets rallied on Friday after the White House confirmed President Donald Trump would meet China’s Xi Jinping next week, stoking…
Business
Musk hijacks Tesla earnings call to pitch US$1 trillion pay plan
[AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his…
Business
Hyundai pivots to hybrids as it unveils US$5 billion India plan
The move comes as the automotive industry has moved away from ambitious targets for EV sales outside of China, following a hybrid-oriented…
Business
Toyota Industries 4.7 trillion yen buyout plan faces antitrust delays
Toyota Motor chairman Akio Toyoda’s proposal to buy out Toyota Industries for 4.7 trillion yen (S$40.5 billion) has been delayed because…