Why Sabana Reit should hold off on asset sales for now
Such action would have been more appropriate when Sabana Reit tried to merge with ESR Reit in 2020, or when it first started the perilous ‘internalisation’ journey in 2023 MANY market…
Tag
Sales
EXCLUSIVE: Cosnova Sales Surpass $1 Billion in 2024
PARIS — Cosnova sped past the $1 billion sales mark last year. The German beauty company, best known for its affordable makeup brands Essence and Catrice Cosmetics, has aimed to…
IBM gives long-term sales growth outlook that tops expectations
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business. Long-term sales will increase…
Super Bowl ad prices are breaking records, but ticket sales are plummeting: Why fans aren’t turning out for the Chiefs vs. Eagles matchup
In the run-up to this weekend’s Super Bowl in New Orleans, fans couldn’t be more excited to see the Philadelphia Eagles face off against the Kansas City Chiefs, as the latter attempts to…
China Experts Say Retail-tainment, Key Opinion Sales and a Focus on Culture Are Winning Strategies
LONDON — Out of adversity comes opportunity. As major luxury players tighten their belts, the Chinese contemporary market is finding ways to prosper in a difficult market. They’re grabbing…
Clorox raises guidance after quarterly sales top estimates
CLOROX raised sales and earnings guidance for the current year while also reporting better-than-expected quarterly results, showing that the bleach maker’s business continues to recover…
Mercedes-Benz car sales drop as China, EV slump take toll
MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and electric vehicles in Europe. The 3 per cent decline…
China renews car trade-in subsidy to boost hybrid, EV sales
CHINA has renewed a trade-in subsidy of up to 20,000 yuan (S$3,724) to help underpin sales of fuel-efficient vehicles, including electric cars and hybrids. Buyers who trade in an old car…
German electric vehicles sales collapse in 2024 after end of subsidy
New VW ID.Buzz electric buses are parked in a parking lot at the Volkswagen Commercial Vehicles plant.Sales of electric vehicles in Germany collapsed in 2024 following the cancellation of…
China’s Geely Holding targets over five million units of annual sales by 2027
CHINA’S Geely Holding Group on Sunday (Jan 5) said it aims to sell more than five million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating…
iPhone maker Hon Hai Q4 sales beat expectations on strong AI demand
Nvidia and Apple assembly partner Hon Hai Precision Industry reported better-than-expected sales growth last quarter as the artificial intelligence (AI) infrastructure buildout continued…
Maybank says SingPost can potentially offer a ‘significant’ special dividend after sales of assets
The bank says that the sale of Famous Holdings should conclude by end January 2025 BELEAGUERED national postal service provider SingPost could offer a potentially “significant” special…
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the billionaire and his flagship conglomerate look to ramp up…
What Is "Stuff Your Kindle" Day? Book lovers can stock up during event
What's New Thursday and Friday mark the "Stuff Your Kindle" Days during which e-book readers can stock up on hundreds of books for free—with a catch. Why It Matters Everyone is on the…
Party City abruptly shutting down all stores: What we know
What's New Party City is closing all of its stores, according to a corporate meeting that CNN first reported on. Newsweek reached out to Party City's press team for comment via email. Why…
Broadcom valuation soars past US$1 trillion on AI sales boom
BROADCOM, a chip supplier for Apple and other big tech companies, surged to a US$1 trillion market valuation for the first time after predicting a boom in demand for its artificial…
Germany's Habeck wants to boost e-car sales with charging credits
Germany's economy minister wants to boost electric car sales by offering €1,000 ($1,050) in charging credits, along with tax incentives. Robert Habeck said the government wants to make the…
Lululemon raises annual forecasts betting on robust holiday sales
LULULEMON Athletica increased its full-year forecasts on Thursday (Dec 5), betting on resilient demand for its athletic wear in the US during the holiday shopping season and continued…
Tesla's November China EV Sales Drop 4.3% as BYD Hits New High
Tesla Inc. (TSLA, Financial) announced a 4.3% year-over -year decline in November China-made EV sales to 78,856 units, as reported by CPCA. However, its Model 3 and Model Y vehicle sales…
Societe Generale on sales hiring push in Tokyo amid bond market revival
SOCIETE Generale has hired four senior salesmen in Japan as it seeks to capitalise on the country’s invigorated bond market along with local banks’ appetite for higher-yielding…
Thai Airways plans 44 billion baht share sales to exit debt plan
THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final major step to exit a court-supervised debt…
Dell reports sales that miss estimates on setback for PC market
DELL Technologies reported worse-than-expected sales after a budding revival in the personal computer (PC) market stalled out. Fiscal third-quarter revenue increased 10 per cent to US$24.4…
Russian hypermarkets struggle as online sales soar
In November 2024, Russia’s retail market continues to undergo a significant transformation, shaped by the rapid growth of e-commerce and shifting consumer habits. Traditional hypermarkets,…
Canada's Trudeau to cut sales tax and send checks to millions of Canadians as election looms
HALIFAX, Nova Scotia (AP) — Canadian Prime Minister Justin Trudeau 's government announced plans Thursday to temporarily lift the federal sales tax off a number of items and send checks to…