UK approves Daniel Kretinsky’s £5.3 billion bid for Royal Mail parent, FT reports
THE British government has approved Czech billionaire Daniel Kretinsky’s £5.3 billion (S$9 billion) takeover of Royal Mail owner International Distribution ...
Tag: Parent
Burger King parent Restaurant Brands misses sales estimates on muted demand
RESTAURANT Brands missed estimates for quarterly revenue on Tuesday (Nov 5) due to weak demand across key businesses such as ...
Google parent Alphabet’s AI spending boosts cloud business, ad sales
GOOGLE parent Alphabet topped third-quarter revenue and earnings expectations on Tuesday (Oct 29), helped by an artificial intelligence (AI) driven ...
China probes Calvin Klein parent over suspected Xinjiang boycott
CHINA said it will investigate US apparel maker PVH for suspected boycotting of cotton sourced from its Xinjiang region, a ...
Vedanta to pay US$932 million in dividend to help parent cut debt
Indian tycoon Anil Agarwal’s Vedanta approved a third tranche of dividend payout, its latest effort to improve the financial position ...
KFC parent Yum Brands sales fall as weak US demand persists
TACO Bell parent Yum Brands reported a bigger-than-expected fall on Tuesday (Aug 6) in same-store sales for the second quarter ...
Justice Department sues TikTok for allegedly violating child privacy laws
The legal pressure on TikTok just got more intense.The U.S. Department of Justice on Friday sued TikTok and its Chinese ...
Family feud leads to court order to wind up Lian Huat Group’s parent company
If a resolution is not reached in 30 days, the order will take effect immediatelyEMBROILED in a family feud, the ...
Parent of India’s Vedanta proposes to cut debt by US$3 billion over next three years
Vedanta Resources, Indian miner Vedanta’s UK-based parent company, will seek to cut its debt by US$3 billion over the next ...
Facebook parent Meta Platforms working on AI technology for Europe
FACEBOOK owner Meta Platforms is building artificial intelligence technology specifically for Europe that reflects linguistic, geographic and cultural references, the ...
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