Leadership

7-Eleven operator DFI Retail wants a big bite of ready-to-eat food
7-Eleven operator DFI Retail wants a big bite of ready-to-eat food
The operator of 7-Eleven in Singapore, Hong Kong, Macau and Southern China says growth in the ready-to-eat food arena can make up for fall in cigarette sales WITH DFI...
Booking’s soft forecast overshadows second-quarter earnings beat
Booking’s soft forecast overshadows second-quarter earnings beat
BOOKING, the parent company to almost a dozen travel brands including Kayak and Priceline, delivered a disappointing forecast for the third quarter, even as it posted second-quarter results that...
How scoring for the Singapore governance index is done
How scoring for the Singapore governance index is done
THE Singapore Governance and Transparency Index (SGTI) is a joint initiative by CPA Australia, the National University of Singapore Business School’s Centre for Governance and Sustainability (CGS), and the...
Jardine Matheson posts 33% fall in underlying net profit to US0 million
Jardine Matheson posts 33% fall in underlying net profit to US$550 million
JARDINE Matheson Holdings (JMH) on Thursday (Aug 1) posted a US$550 million underlying net profit for the six months ended June, down 33 per cent from the year-ago period....
Indonesia says Jiangsu Delong debt woes not affecting local operation
Indonesia says Jiangsu Delong debt woes not affecting local operation
CHINESE stainless steelmaker Jiangsu Delong Nickel Industry assured Indonesia said its potential bankruptcy reorganisation has had no impact on its Indonesia operation so far and the firm will prioritise...
Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026
Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026
MODERNA on Thursday (Aug 1) cut its 2024 sales forecast for Covid-19 and respiratory syncytial virus vaccines by up to 25 per cent, or US$1 billion, due partly to...
Disney plans a new round of job cuts in its television operation
Disney plans a new round of job cuts in its television operation
WALT Disney is planning a fresh round of job cuts in its TV division, part of an effort to reduce costs in a shrinking part of its business, according...
Japan’s Nissan, Honda to research software platform together
Japan’s Nissan, Honda to research software platform together
JAPANESE automakers Nissan Motor and Honda Motor agreed to conduct joint research into technologies for a next-generation software platform, they said in a joint statement on Thursday (Aug 1). The...
China woes cut BMW’s auto profit margin in Q2
China woes cut BMW’s auto profit margin in Q2
BMW on Thursday (Aug 1) reported a lower-than-expected profit margin in its core automotive segment during the second quarter, as heightened competition and weaker demand in China weighed on...
UOB positive on easing interest rates as loan demand picks up in Q2
UOB positive on easing interest rates as loan demand picks up in Q2
For the second quarter ended Jun 30, 2024, the lender’s net profit rises 1 per cent to S$1.43 billionTHE impending ease in global interest rates will likely be beneficial...