Lifestyle
Delta sees US$380 million in lost sales from system breakdown
DELTA Air Lines expects US$380 million in lost revenue this quarter from the CrowdStrike Holdings technology outage that forced the carrier to cancel thousands of flights last month.The sales...
Oil gains in recovery rally as markets eye retaliation by Iran
OIL rose on Thursday (Aug 8), extending its rebound from a recent plunge with traders still glued to fluctuations in wider markets and tensions in the Middle East.West Texas...
Tan Su Shan is ‘continuity candidate’ pick for new DBS CEO, analysts say
She will have about eight months to transition to the CEO role, during which she will ‘try out and get comfortable with all the moving parts to run a...
Burger King owner’s sales hurt by deepening restaurant slump
RESTAURANT Brands International’s sales grew less than anticipated in the second quarter, the latest sign of consumer malaise hitting restaurants.
The company missed estimates for sales growth at restaurants open...
Warner Bros Discovery slides as US$9 billion write-down points to TV woes
SHARES of Warner Bros Discovery plunged more than 11 per cent on Thursday (Aug 8) after a US$9.1 billion write-down of the media giant’s TV assets sparked doubts about...
Thai Beverage 9-month Ebitda rises 2.2% to 38.6 billion baht
THAI Beverage posted a 2.2 per cent rise in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 38.6 billion baht (S$1.4 billion) for the nine months ended Jun...
BHG Retail Reit posts 28.6% lower H1 DPU amid weakening renminbi
BHG Retail Reit’s distribution per unit (DPU) fell by 28.6 per cent to S$0.25 for its first half year ended June, from S$0.35 the year before.The drop comes despite...
China auto market hits milestone as EVs, hybrids make up half of July sales
HALF of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the...
