Business
Haidilao down most since April after hotpot chain sales decline
Consumers in China are turning frugal as concerns around a slowing economy affect investment and consumption Haidilao International…
Tag
Sales
Business
AirTrunk seals A$16 billion refinancing, plans fresh sales to fuel expansion
AirTrunk has closed an A$16 billion (S$13.3 billion) refinancing, the largest sustainability-linked financing ever in Asia-Pacific and…
Unsorted
Condé Nast Names Aaron Krasdorf as VP, Fashion & Luxury, Sales & Global Key Accounts
Condé Nast has tapped Aaron Kransdorf as vice president, fashion and luxury, U.S. sales and global accounts. He begins in mid-September.…
Business
Intel warns US stake could hurt international sales, future grants
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from…
Business
Asia’s US$306 billion of global bond sales are about to go higher
More Asian borrowers are considering bond offerings, extending a stretch of sales that has already jumped to the most since 2021 at US$306…
Business
Thailand car production drops in July, local sales up
Car production in Thailand fell for the first time in three months in July as tariff uncertainty hurt export demand, while sales extended…
Business
Walmart expects better sales, earnings as shoppers squeezed by tariffs
BIG-BOX retailer Walmart reported solid revenue growth on Thursday and said that it expects better sales and earnings for the full year,…
Business
Estée Lauder’s Sales Decline in Fourth Quarter, Tariffs to Impact Profitability by $100 Million Next Year
The Estée Lauder Cos. saw net sales slide 12 percent in its fourth quarter and the company expects tariff-related headwinds to impact…
Business
Xiaomi plans Europe foray in 2027 after EV sales gain pace
Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining…
Business
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge originally appeared on Autoblog. Volkswagen has officially delivered its…
Business
GuocoLand bucks overall market slide on Springleaf sales as shares rise 1.1%
The development is the seventh project to be launched in Upper Thomson’s District 26 Shares of GuocoLand rose by over 1.1 per cent in…
Business
Tesla almost halves UK monthly lease fee as sales slump: The Times
ISH motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on…
Business
Best AI Voice Bots for Sales Teams: Top 5 Picks
Sales teams are constantly under pressure to hit their sales targets faster and be more productive and efficient. That’s where AI voice…
Business
Shein’s UK sales surge to £2.1 billion in 2024, boosting profits as IPO looms
Shein’s British business made £2.1 billion (S$3.7 billion) in sales in 2024, a 32.3 per cent increase from the previous year, a filing by…
Business
Jollibee posts record sales as China business recovers
Top Philippine restaurant operator says net income rises 5.6% to 3.2 billion pesos in April-to-June quarter Top Philippine restaurant…
Business
Thailand’s Delta sees AI boom boosting sales for coming years
Delta Electronics (Thailand), the country’s most valuable publicly traded company, is predicting “double-digit” sales growth to continue…
Business
Cisco sees AI sales picking up but sticks to cautious outlook
Cisco Systems, the largest maker of machines that run computer networks and the internet, gave a cautious forecast for the current fiscal…
Business
Electric vehicle sales growth eases to 21% in July: research firm
GLOBAL electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as…
Business
CDL H1 profit up 3.9% to S$91.2 million on robust condo sales; declares higher special dividend of S$0.03
Property developer City Developments Ltd (CDL) posted a 3.9 per cent year-on-year rise in first-half net profit to S$91.2 million on…
Business
CDL H1 profit up 3.9% at S$91.2 million on robust condo sales; declares higher special dividend of S$0.03 per share
Property developer City Developments Ltd (CDL) posted a 3.9 per cent year-on-year rise in first-half net profit to S$91.2 million on…
Business
China urges firms to avoid Nvidia H20 chips after Trump resumes sales
China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the…
Business
US: Wall St opens flat as chip stocks dip on China sales deal
Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a key tariff deadline after a…
Business
Nvidia, AMD agree to pay US 15% of China AI chip sales in unusual move
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from Chinese AI chip sales to the US government in a…
Fashion
Footwear Sales Dip in First Half of 2025, But Sneakers Continue to ‘Drive Growth’
Sneakers continued to dominate in the first half of 2025 despite an overall slowdown of footwear sales in the period. According to new…