Lifestyle
Thai Beverage Q2 net profit falls 4.9% to 7 billion baht on lower profits from associates
THAI Beverage posted a 4.9 per cent drop in net profit to seven billion baht (S$257 million) for its second quarter ended Mar 31, 2024, from 7.4 billion baht...
Japan’s carmakers look to China tech to claw back market share
Japan’s legacy automakers are jumping on the big-tech bandwagon as they race to revive waning interest among Chinese consumers.In recent weeks, Toyota Motor said it would partner with Chinese...
UBS CEO says Switzerland should not ‘overshoot’ with capital demands
UBS CEO Sergio Ermotti said on Monday (May 13) that criticism that the bank had become too big for Switzerland and that it needed to set aside more capital...
Sanofi invests 1 billion euros in French drug manufacturing
Sanofi will invest more than 1 billion euros (S$1.45 billion) at three facilities in France as it ramps up production in its home country. The drugmaker will spend most of...
Xiaomi moves ahead with Tesla-like SUV as first EV hits goals
Xiaomi Corp aims to begin making and selling a sport utility vehicle similar to Tesla’s Model Y as early as 2025, embarking on a major new expansion with production...
India’s Tata Motors sinks most in 2 years on JLR margin concerns, demand worries
India’s Tata Motors’ shares fell 8 per cent on Monday (May 13), their biggest slide in more than two years, over concerns of muted margin growth at its Jaguar...
ByteDance shelves sale of Moonton game studio, picks new chief
BYTEDANCE plans to install a new chief at subsidiary Shanghai Moonton Technology, after abandoning a plan to sell the most valuable gaming asset it had acquired to challenge Tencent...
SoftBank swings to Q4 profit in sign of comeback gaining steam
Japanese technology giant SoftBank Group swung to a quarterly profit on Monday (May 13) from a year earlier, reporting a net profit of 328.9 billion yen (S$2.85 billion) for...
