Lifestyle
Chinese electric car maker BYD posts 33% profit rise
CHINESE electric vehicle maker BYD reported a 32.8 per cent rise in second-quarter net profit on Wednesday (Aug 28), its fastest growth since end-2023, despite faltering spending on big-ticket...
Chinese electric car maker BYD posts 33% profit rise
CHINESE electric vehicle maker BYD reported a 32.8 per cent rise in second-quarter net profit on Wednesday (Aug 28), its fastest growth since end-2023, despite faltering spending on big-ticket...
Adani Enterprises’ debut public bond sale to see strong demand, bankers say
THE maiden public issue of bonds by India’s Adani Enterprises is expected to witness strong demand as yields are attractive, four merchant bankers said on Wednesday (Aug 28).
The company...
Nvidia’s earnings will test the S&P 500’s US$4 trillion recovery
The almost US$3 trillion rally in Nvidia shares over the roughly two years since ChatGPT’s unveiling has virtually rewired the US stock market, giving the artificial intelligence chipmaking giant...
Warren Buffett reaps almost US$1 billion from sale of more BofA shares
WARREN Buffett sold an additional US$982 million of Bank of America (BofA) stock as his conglomerate continues to shrink its investment in the second-largest US bank.
His Berkshire Hathaway has...
Malaysia’s Starbucks operator hurt by anti-Israel boycott
BERJAYA Food, which operates the Starbucks coffee chain in Malaysia, posted a loss in the fourth quarter as consumer sentiment on the Middle East conflict hurt sales.
The company, part...
Cybercrime and sabotage cost German firms 267 billion euros in past year
CYBERCRIME and other acts of sabotage have cost German companies around 267 billion euros (S$388 billion) in the past year, up 29 per cent on the year before, according...
Hyundai to double hybrid lineup; unveils US$3 billion buyback
Hyundai Motor plans to double its lineup of hybrid cars as demand for pure electric vehicles slows, and announced a US$3 billion share buyback as part of a plan...
