Sales
Australian consumer regulator sues Singtel unit Optus over alleged sales misconduct
THE Australian Competition and Consumer Commission (ACCC) has filed court proceedings against subsidiary Optus mobile, said Singtel in a bourse announcement on Thursday (Oct 31).The court proceedings, filed in...
Australian consumer regulator sues Singtel’s Optus over alleged sales misconduct
THE Australian Competition and Consumer Commission (ACCC) has filed court proceedings against subsidiary Optus mobile, said Singtel in a bourse announcement on Thursday (Oct 31).The court proceedings, filed in...
Meta sales narrowly beat on AI boosting advertising revenue
Meta Platforms projected stronger-than-expected holiday quarter sales, and touted artificial intelligence (AI) improvements to its core advertising business. But it wasn’t enough to satisfy Wall Street.Meta told investors on...
BYD revenue beats Tesla for first time; Q3 sales surge 24% to 201 billion yuan
BYD notched up another win over Tesla on Wednesday (Oct 30), reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head...
Toyota sales fell in Japan, China as hybrids see growth in US
TOYOTA Motor’s sales in Japan and China are struggling to shake off a series of challenges, including rising competition from electric vehicle (EV) brands, domestic scandals and recalls abroad,...
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 35 per cent surge in its cloud business as...
Adidas reports strongest China sales since early 2022
ADIDAS saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding the Yeezy collection were up on the year on increasing brand...
McDonald’s sales slump after E coli outbreak spooks diners
MCDONALD’S sales plummeted following news of E coli infections linked to the chain’s Quarter Pounders.Transactions fell as much as 6 per cent from the prior year in the days...
