Soar
UK restaurants and bars cut hours as costs soar by £3.4 billion
RESTAURANTS and bars across Britain are having to slash staff working hours to cushion the blow of a £3.4 billion (S$5.8 billion) spike in annual costs, according to the...
Swiss chocolatiers bank on the Easter bunny as cocoa costs soar
SWISS chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring and consumers cutting back as inflation hits their pockets.Cocoa...
China’s Xiaomi to start deliveries of its first EV model, shares soar
CHINA’S Xiaomi said on Tuesday (Mar 12) it will start deliveries of its first electric vehicle (EV) model SU7 this month, venturing into the world’s largest auto market amid...
Crypto product inflows soar to record high, CoinShares says
A WAVE of investor interest is driving billions of US dollars into cryptocurrency assets this year, pushing inflows to record-breaking levels, according to CoinShares International. A record US$2.7 billion...
Shein to face tough EU online content rules as users in region soar
CHINESE-FOUNDED fast-fashion company Shein is set to face stricter EU online content rules after reporting a huge number of users, joining a group of companies that includes Meta Platforms,...
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...
Shipping insurance rates soar on Red Sea missile attacks
ATTACKS by Yemen’s Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade...
Nvidia: Boss says AI at ‘tipping point’ as revenues soar
The artificial intelligence boom has helped Nvidia become one of the most valuable firms in the US. Source link
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