Leadership
LG Display shrinks quarterly loss on Apple, Olympics demand
SOUTH Korean flat-screen maker LG Display narrowed losses from a year earlier in the June quarter as shipments of new panels for client Apple and TV panels before the...
Cordlife’s overseas subsidiaries obtain re-accreditations
CORDLIFE on Thursday (Jul 25) said its Hong Kong and Malaysian subsidiaries received re-accreditations from the Association for the Advancement of Blood & Biotherapies. The association sets standards for...
Australia’s Fortescue to step up energy spending despite job cuts
AUSTRALIA’S Fortescue said on Thursday (Jul 25) it will increase spending on its energy division to advance several new green hydrogen projects next year, disappointing analysts who had expected...
Air fare pain eases as pricing power swings back to passengers
QANTAS Airways, not known for usually offering big discounts, has cut prices more than six times this year. Virgin Australia is averaging at least one fare sale a month....
NBA signs broadcasting deal with Disney, Amazon, Comcast worth US$77 billion
WALT Disney’s ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association (NBA) games in an 11-year deal valued at US$77 billion, the league said...
Nvidia supplier SK Hynix posts highest profit in six years on AI boom
SOUTH Korea’s SK Hynix posted its highest quarterly profit since 2018 on Thursday (Jul 25) as the Nvidia supplier said second-half artificial intelligence (AI) chip demand will rise further,...
Shein to open pop-up store in South Africa to woo more shoppers
FAST-FASHION giant Shein, known for its US$5 tops and US$10 dresses, will open a pop-up store in Johannesburg, South Africa in August as the online retailer aims to expand...
Oil prices finish higher as US oil, fuel inventories ease
OIL prices settled higher on Wednesday (Jul 24), supported by large declines in US crude and fuel stocks, but hovered close to their lowest level in six weeks due...
