Reports
Blackstone reports 1% rise in Q1 earnings
BLACKSTONE, the world’s largest private equity firm, said on Thursday (Apr 18) its first-quarter distributable earnings rose 1 per cent year-on-year, supported by growth in fee-related earnings that was...
Vietnam’s EV maker VinFast reports narrowing losses even as sales fall
VINFAST Auto’s first-quarter loss narrowed while car sales declined as the Vietnamese EV maker sets ambitious goals to be a global brand amid declining worldwide demand for electric vehicles....
United reports loss on US$200 million hit from Boeing grounding
UNITED Airlines reported a first-quarter loss on Tuesday due to the temporary grounding of some Boeing jets, as it announced plans to lease Airbus planes in light of delayed...
Tesla to cut over 10% of its global workforce, Electrek reports
TESLA will reduce global headcount by more than 10 per cent, Electrek reported, as the carmaker grapples with a slowdown in electric vehicle demand.Elon Musk cited “duplication of roles...
Seven & i to list supermarket unit Ito-Yokado, Kyodo reports
JAPAN’S Seven & i Holdings plans to list its supermarket unit Ito-Yokado, Kyodo news agency reported on Tuesday (Apr 9), citing unidentified sources.
The retail conglomerate aims to focus on...
Bangkok motor show reports 28% rise in orders, Toyota leads sales
THAILAND’S Bangkok International Motor Show recorded a 27.5 per cent rise in orders, with Toyota leading sales, while traditional cars still dominated despite electric vehicles gaining pace, its organiser...
Paramount in exclusive merger talks with Skydance: reports
PARAMOUNT Global has entered exclusive talks with Skydance on a potential merger instead of a proposed US$26 billion takeover offer from Apollo, US media reported on Wednesday (Apr 3)...
BlackBerry reports surprise profit on demand for cybersecurity services
CANADA’S BlackBerry reported a surprise profit for the fourth quarter on Wednesday (Apr 3), helped by higher demand for its cybersecurity services amid growing online crimes and high-profile hacks.US-listed...
