Giant
Chinese food delivery giant Meituan beats quarterly revenue estimates
CHINA’S largest food delivery firm Meituan posted a bigger-than-expected 22.4 per cent rise in third-quarter revenue on Friday (Nov 29), defying sluggish Chinese consumption.
Meituan, which has an app that...
Taiwan tech giant Foxconn posts US$1.5 billion Q3 net profit
Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for artificial intelligence servers and said it expected 2025...
German chemicals giant Bayer cuts key target amid weedkiller woes
GERMAN chemicals giant Bayer cut its forecast for 2024 operating earnings on Tuesday (Nov 12), after a poor performance in its agrochemicals division hit quarterly profits. The group reported...
Chinese solar panel giant Trina to sell plant in Texas
CHINA’S renewables giant Trina Solar has agreed to sell its US solar manufacturing operations amid increased American scrutiny of Chinese companies benefiting from clean energy tax incentives created under...
SAP cloud sales jump as software giant lures clients with AI
SAP’s cloud revenue grew by 25 per cent in the third quarter as Europe’s biggest software company worked to transition customers away from locally run systems with the promise...
Georgia Environment Official Dies Moments After Testifying Against Chemical Giant Following Hazardous Fire at Their Plant
Kenny A. Johnson, Rockdale County Soil and Water Conservation District Supervisor, died on Tuesday moments after testifying about BioLab during a public hearing at the Georgia Capitol.State legislators, who...
China billionaire’s 6-billion yuan supermarket deal with Giant owner, JD.com sees swift wealth wipeout
UNTIL recently, China’s budget retail billionaire Ye Guofu had been on a roll, building his fortune as his stores proved a hit in the nation’s slowing economy. Then his...
Giant owner DFI to sell Shanghai-listed Yonghui to Miniso for 4.5 billion yuan
DFI Retail Group plans to divest its entire stake in Shanghai-listed Yonghui Superstores, amounting to 1.9 billion shares in the Chinese supermarket operator, to low-cost retailer Miniso.The group estimates...
