Real Estate
Unilever said to weigh sale of water purification unit Truliva in China
UNILEVER is considering selling its majority stake in Qinyuan Group, a Chinese maker of water purification equipment that it acquired for an undisclosed sum in 2014, according to people...
Dutch court finds KLM ads misleading in greenwashing case
A DUTCH court ruled on Wednesday (Mar 20) that KLM misled customers with an advertising campaign aimed at improving the company’s environmental image, in a case of so-called greenwashing....
Philippine central bank says its policy decisions not dependent on Fed’s
THE Philippine central bank said on Wednesday (Mar 20) it is “closely” watching the US Federal Reserve’s actions, but its own monetary policy decisions are not dependent on what...
Zombie Chinese EV makers resurrected in ‘productive force’ push
AT LEAST three defunct Chinese electric vehicle (EV) makers are getting a new lease on life after the industry was touted as a “new productive force” – a slogan...
French competition watchdog hits Google with 250 million euro fine
FRANCE’S competition watchdog on Wednesday (Mar 20) said it fined Google 250 million euros (S$364.8 million) for breaches linked to EU intellectual property rules in its relationship with media...
Geely profit beats estimates even as China’s price war rages on
GEELY Automobile Holdings, the Hong Kong-listed arm of billionaire Li Shufu’s auto empire, posted earnings that beat estimates and reiterated an outlook for further sales growth this year despite...
Top Glove Q2 loss shrinks to RM51.2 million on cost optimisation initiatives
GLOVE manufacturer Top Glove Corporation on Wednesday (Mar 20) narrowed its losses by 68.9 per cent for the second quarter ended Feb 29, 2024, with a net loss of...
China launches satellite critical for mission to moon’s far side
CHINA launched a lunar satellite designed to play a critical role in its competition with the United States to be the leader in exploration of the moon. The Queqiao-2...