Fashion
Kering sales drop more than expected in first quarter as Gucci crisis deepens
The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible…
Tag
Quarter
Business
German software maker SAP beats operating profit estimates for first quarter
SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company says German…
Business
China’s Nio delays Europe launch of Firefly EV to third quarter
The company will sign a contract to sell cars into Singapore this week, CEO William Li says China’s Nio said on Tuesday (Apr 22) it would…
Business
Apple’s China smartphone shipments slide 9% in first quarter
The government subsidies for smartphones and some other consumer electronics refund consumers 15 per cent of products with a sticker price…
Business
Netflix logs record profit in quarter, withholds user data
Netflix reported first-quarter profit that exceeded Wall Street forecasts, boosted by a recent price increase and a strong slate of…
Business
BYD enjoys yet another blockbuster quarter as Tesla flounders
China’s BYD enjoyed a strong start to 2025, with sales up 58 per cent in the first quarter versus the same period of last year. The…
News
GM leads first quarter US auto sales as tariffs loom
General Motors led US vehicle sales in the first quarter, according to company reports on Tuesday, as the industry braces for President…
Business
Coinbase sees worst quarter since FTX fell as crypto slides
Shares of Coinbase Global and other firms linked to cryptocurrencies were hammered this quarter as growing concerns about the US economy…
Business
Nike sales beat estimates in new CEO’s first full quarter
CEO Elliott Hill is attempting to guide the company back to growth after a difficult year of falling sales and corporate layoffs Nike’s…
Celebrity
A Quarter of All Broadcasters Now Using AI, More Than Doubling Last Year, New Report Finds
AI adoption in the broadcast industry has accelerated, according to findings in Haivision’s 2025 Broadcast Transformation Report, a survey…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
Business
Levi’s bleak 2025 profit forecast after strong holiday quarter hits shares
LEVI Strauss forecast annual profit well below analysts’ estimates, taking a cautious stance despite a strong holiday quarter and sending…
Culture
Netflix posts record quarter thanks to sports, ‘Squid Game’
NETFLIX closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the…
Business
MTI's Preliminary Forecast Suggests Singapore's Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter
According to preliminary estimates provided by the Ministry of Trade and Industry (MTI) on Thursday (Jan 2), Singapore's GDP grew 4.3…
News
Greenland says no thanks to Trump purchase idea — again
WASHINGTON — If President-elect Donald Trump’s assertion that the United States should have control of Greenland sounds familiar, that’s…
Business
Grab’s big quarter has some analysts seeing further stock gains
There are more gains to come in Grab Holdings’ stock after a 35 per cent surge so far this quarter, according to some analysts. The…
Business
Tesla China shipments fall again amid hopes for bumper quarter
DELIVERIES from Tesla’s Shanghai factory fell for a second month in November, despite an increase in subsidies from the Chinese government…
Business
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed…
Business
Grab returns to profit in third quarter, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported…
Business
AI startup funding hit a record in L.A. area last quarter. Here's who got the most money
The Bay Area has long held the title for attracting the most venture capital funding in the nation, and that naturally includes the hot…
Business
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares…
Business
Tesla China shipments slip 5% in october after bumper quarter
TESLA’s Shanghai factory deliveries slipped in October, the unexpected softness coming after a record quarter for China shipments at Elon…