Plans
British Airways plans £750 million on digital upgrades
BRITISH Airways will spend £750 million (S$1.27 billion) on information-technology improvements, including an overhaul of its website, as part of a £7 billion push to modernise the airline. The...
India’s Tata Motors plans to demerge business into two separate companies
INDIAN automaker Tata Motors plans to demerge into two separate listed companies to refine focus on the passenger and electric vehicle segments, it said in an exchange filing on...
Julius Baer plans bonus change to focus more on asset growth
JULIUS Baer Group is planning to adjust its bonus system as part of an effort to attract more client money under interim chief executive Nic Dreckmann. As part of...
UK supermarket Sainsbury’s plans to cut 1,500 roles
BRITISH supermarket group Sainsbury’s said on Thursday (Feb 29) it plans to cut about 1,500 roles, as it seeks cost savings to invest back into the business. Sainsbury’s, Britain’s...
Nissan plans 2027 driverless ride-share service for ageing Japan
NISSAN Motor is planning an autonomous vehicle ride-share service for Japan in three years to address a dearth of taxi drivers amid the nation’s greying population. The company, which...
India’s Tata Capital plans to raise US$750 million in debut foreign funding next fiscal year
INDIA’S Tata Capital is looking at overseas fundraising for the very first time and hopes to raise around US$750 million via offshore bonds or loans in the next fiscal...
Brokers’ take: Maybank initiates ‘buy’ on optimism about Thomson Medical’s growth plans
MAYBANK initiated coverage on Thomson Medical with “buy” and a target price of S$0.08. The move came amid optimism over the healthcare provider’s long-term growth plans, given its strategic...
Beyond Meat tops revenue estimates, plans ‘steep’ cost cuts in 2024; shares soar
BEYOND Meat on Tuesday topped market expectations for fourth-quarter revenue on resilient demand for its faux meat patties in key markets outside the United States, and said it would...
