Leadership
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
YUM Brands reported a surprise fall in worldwide same-store sales on Tuesday (Nov 5) as its KFC chain grapples with sluggish demand in the US, as well as choppy...
Tax fraud investigators search Netflix offices in Paris and Amsterdam: source
INVESTIGATORS searched the offices of US streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said...
Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season
SANTA Claus is not delivering as many Christmas trees, toys and decorations to the US this year as in recent years, import data shows, with retailers including Walmart bringing...
Tesla increases wages for staff at German gigafactory by 4%
TESLA has raised the wages of all employees at its German gigafactory outside Berlin by 4 per cent since the start of November, the US electric carmaker said on...
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhonesApple’s major manufacturing partner Hon Hai Precision Industry reported its slowest monthly sales growth since February, stoking...
Chinese group accused of hacking Singtel in telecom attacks
SINGTEL, Singapore’s largest mobile carrier, was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical infrastructure operators around the...
Record foreign exodus casts a pall over India’s stock market
FOREIGN investors are souring on India’s stock market, selling a record amount of shares amid signs the South Asian nation’s post-pandemic economic boom is losing steam.Global funds pulled out...
Stamford Tyres chairman Sam Chong Keen steps down amid board reshuffle
Wife of founder becomes executive chairman, ex-SPH veteran Christopher Tan joins board SAM Chong Keen, chairman of the board of Stamford Tyres has stepped down, with two individuals appointed to...
