Leadership
KFC parent Yum Brands sales fall as weak US demand persists
TACO Bell parent Yum Brands reported a bigger-than-expected fall on Tuesday (Aug 6) in same-store sales for the second quarter as sticky inflation prompted lower-income Americans to eat out...
Uber’s second-quarter revenue beats on ride-sharing demand
UBER beat Wall Street estimates for second-quarter revenue and core profit on Tuesday (Aug 6), helped by steady demand for its ride-sharing and food-delivery services.
With more people returning to...
World’s biggest car shipper warns charter rates will come down
HIGH global charter shipping rates buoyed by record exports of electric vehicles from China may not last, the head of the world’s larger autoliner said, amid geopolitical moves to...
Bayer sales surprise on demand for new cancer, kidney drugs
BAYER reported encouraging sales for the quarter aided by strong demand for new cancer and kidney medicines.
Group revenue reached 11.1 billion euros (S$16.1 billion) in the second quarter,...
Emperador H1 net profit falls 19.6% to 3.8 billion pesos
PHILIPPINE liquor giant Emperador on Tuesday (Aug 6) reported a fall in first-half net profit to 3.8 billion pesos (S$87 million), compared to 4.7 billion pesos in the corresponding...
Emperador H1 net profit falls to 3.8 billion pesos
PHILIPPINE liquor giant Emperador on Tuesday (Aug 6) reported about a fall in first-half net profit to 3.8 billion pesos (S$87 million), compared to 4.7 billion pesos in the...
Bank of Japan under fire for rate-hike timing after market meltdown
THE Bank of Japan’s (BOJ) monetary policy tightening last week has triggered a wave of criticism after it helped set off a historic plunge in Japanese stocks and contributed...
Hot stocks: US office S-Reits on Fed rate-cut expectations, MAS proposal to relax leverage limit
PURE-PLAY US office real estate investment trusts (Reits) gained some ground on Tuesday (Aug 6) morning, following rising expectations that the US Federal Reserve would cut interest rates.
The...
