Operating
EV maker Nio set to record first adjusted operating profit for Q4 FY2025
The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix[SINGAPORE] Electric vehicle manufacturer Nio expects to record its first-ever quarterly adjusted operating profit for...
Trump signs executive order to keep TikTok operating in U.S.
President Trump on Thursday signed an executive order that would allow hugely popular social video app TikTok to continue to operate in the United States.TikTok’s parent company, ByteDance, had...
Diversified S-Reits’ operating performance remains resilient amid market uncertainties
[SINGAPORE] Diversified real estate investment trusts (Reits) hold a mixture of assets across multiple sub-sectors such as industrial, retail, office and hospitality, offering investors the prospect of portfolio stability...
Apple to rebrand its device operating systems to mark major overhaul
[LOS ANGELES] Apple is planning the most sweeping change yet to its operating system names, part of a software overhaul that extends to all its devices.The next Apple operating...
The Hour Glass H2 profit falls 6% to S$74.4 million on increased operating expenses
[SINGAPORE] The Hour Glass has reported a 6 per cent drop in net profit to S$74.4 million in the six months ended March 2025, from S$79.5 million in the...
Huawei unveils in-house operating system to replace windows
HUAWEI Technologies debuted its first in-house operating system for personal computers, offering an alternative to Microsoft’s Windows as China pushes to replace American technologies amid rising geopolitical tensions.The company’s...
Samsung Electronics operating profit rises slightly in Q1
Published Wed, Apr 30, 2025 · 08:54 AM[SEOUL] Samsung Electronics reported on Wednesday a small rise in first-quarter operating profit as customers concerned about US tariffs rushed to purchase...
Marina Bay Sands Q1 revenue holds steady at US$1.2 billion amid strong operating environment
[SINGAPORE] Net revenue for Marina Bay Sands (MBS) remained steady at around US$1.2 billion for Q1, with the business improving service offerings and introducing new suite products.The casino resort...
German software maker SAP beats operating profit estimates for first quarter
SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company saysPublished Wed, Apr 23, 2025 · 06:50...
EY Australia to consider ‘targeted restructuring’ as difficult operating conditions persist
EY AUSTRALIA is considering cutting jobs as part of “workforce adjustments” to reflect challenging market conditions, with some targeted restructuring possible for “particular circumstances” in the near term, the...