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General Motors continued to defy Wall Street’s expectations this year, posting third-quarter results ahead of analyst projections on the back of steady petrol-engine truck and SUV sales…
ASML Holding chief executive officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the…
CHINA’S largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the…
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as weak demand in China and a subdued US market overshadowed a…
The French company will also invest US$1 billion to support the US firm’s growth, which will retain its brand and continue to operate autonomously FRENCH investment company Wendel will…
CHINESE autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion (S$913.4 million) according to a term sheet seen by Reuters, making…
OCBC Investment Research has initiated coverage on PropNex with a “buy” call and a fair value estimate of S$0.91. It anticipates that upcoming project launches in the second half of 2024…
HYUNDAI Motor India shares slipped as much as 2.6 per cent early in their Mumbai debut, a lacklustre start to trading in what has been one of the world’s most vibrant venues for initial…
LOGITECH International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday (Oct 22).…
HONEYWELL has signed a deal with Google to connect artificial intelligence (AI) technology with its industrial data, both companies said on Monday (Oct 21), with a view to offer…
PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) is acquiring 11 nursing homes in France for a total consideration of 111.2 million euros (S$159.9 million). The acquisition…
STRIPE co-founder and chief executive officer Patrick Collison confirmed in a X post on Monday (Oct 21) that the payments company plans to buy stablecoin startup Bridge. The deal, first…
SINGAPORE shares began Tuesday (Oct 22) trading in negative territory, extending overnight losses in markets abroad. As at 9.03 am, the Straits Times Index (STI) was down 0.5 per cent or…
WELL-KNOWN consumer electronics giant Dyson is expanding into haircare and beauty products, with its first haircare product line, Chitosan, launched in Singapore in late August. Chitosan…
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 22): Keppel: The asset manager’s private fund has formed a joint venture with…
MOVIE and television studio Alcon Entertainment on Monday (Oct 21) sued Tesla and Warner Bros Discovery over claims they used images tied to the film Blade Runner 2049 to promote Tesla’s…
PROCTER & Gamble (P&G), the maker of Tide laundry detergent and Crest toothpaste, is planning to sell corporate bonds on Monday (Oct 21), according to a source with knowledge of the…
FEDERAL Reserve Bank of Kansas City president Jeffrey Schmid said he favours a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately…
A Los Angeles-based production company has sued Tesla, its Chief Executive Elon Musk, and Warner Bros. Discovery, alleging that the electric vehicle maker ripped off scenes from the 2017…
Danish shipping group AP Moller-Maersk said on Monday (Oct 21) it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing…
Hefner Capital, a firm led by Hugh Hefner’s son Cooper, has expressed interest in acquiring the Playboy brand from PLBY Group, according to people with knowledge of the matter. Cooper…
BYD has launched its sixth model in Brazil this year, gambling that its hybrid pickup truck can take on the likes of Toyota Motor and Ford Motor in the Chinese carmaker’s latest endeavour…
BOEING is expected to book more than US$1 billion in wage-related expenses from its proposed labour contract, analysts said. About 33,000 workers will vote on the contract proposal on…
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming presidential election continued to impact markets.…
