L’Oreal only interested in Armani’s profitable beauty business
The Italian fashion mogul’s death this month at the age of 91 has triggered intense speculation and analysis about which company would make the most sense as a buyer L’Oreal, named by…
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TV Academy President on Televerse Year 1: What Worked, What Didn’t, When Might It Be Profitable and Plans for Next Year’s Event
The Televerse will return. That’s the promise from Television Academy president/CEO Maury McIntyre, who said the org is already looking at ways to improve on last week’s inaugural event…
China EV maker XPeng set to turn profitable, says CGSI, lifting target price for the stock
Chinese EV maker XPeng could soon turn profitable, as strong vehicle sales and consensus-beating financials paint a bullish outlook, securities firm CGSI has said. CGSI analysts on…
Streaming is finally profitable. It offers a lesson in patience
Just a couple of years ago, pundits were warning of streaming’s demise. From Netflix to Spotify, these companies were burning through cash. How could they keep operating? Now, almost all…
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it
Troubled healthcare provider Singapore Institute of Advanced Medicine (SIAMH) said on Thursday (Dec 26) that it’s not guaranteed the company can generate “significant” revenue and…
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable
Troubled healthcare provider Singapore Institute of Advanced Medicine Holdings (SIAMH) said on Thursday (Dec 26) that it is not guaranteed that the company can generate “significant”…
Telegram profitable for first time after app pays down debts
SOCIAL media app Telegram is profitable for the first time after paying down “a meaningful share” of some US$2 billion in debt, chief executive officer Pavel Durov said on Monday (Dec 23).…
Stokes to close its less profitable stores in restructuring process
Canadian independent tableware and kitchenware retailer Stokes has commenced a restructuring process aimed at securing its future growth and profitability. The proceeding was initiated…