Business
HP bets on AI personal computers to drive revenue, eyes Asia for growth
At least one in four PCs sold by the US computer maker are AI-enabled and that could grow as customers upgrade The lockdowns stemming from…
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Revenue
Business
Foxconn’s third-quarter revenue hits record, misses market forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial…
Business
Designing the revenue engine of tomorrow’s business
The businesses poised to thrive are those that view transformation with a forward-looking mindset SINGAPORE’S businesses stand at the…
Business
Shift the AI conversation from cost cutting to revenue
AI isn’t a cost-cutting tool. It’s a revenue multiplier. Yet too many companies are stuck asking how AI can help them run leaner with…
Business
Co-op says cyber-attack cost it £206m in revenue
The Co-op has said the cyber-attack it suffered earlier this year cost it at least £206m in lost revenues. The retailer's IT networks were…
Business
Big Tech’s old revenue playbook is dead. Shared value is the only path forward
Let’s be honest: Monetization today is broken. Most platforms are still stuck in a mindset that treats users like ATMs, squeezing every…
Business
Man Utd announce record revenue despite on-field struggles
Manchester United achieved record financial revenue of £666.5m last year despite the poor on-pitch performance of their men's team. United…
Business
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the…
Business
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely…
Business
Singapore collects S$88.9 billion in tax revenue in FY2024/25, 10.7% higher than in previous year
The increased collection is driven by robust economic growth and higher consumer spending The Inland Revenue Authority of Singapore (Iras)…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2024/25 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Business
Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue
Its loss per share stood (LPS) at S$0.002, against a LPS of S$0.0224 in H2 of FY2024 Property developer Oxley Holdings on Friday (Aug 29)…
Business
Alibaba falls short of Q1 revenue estimates
It reported total revenue of 247.65 billion yuan in the first quarter ended June, compared with an estimate of 252.92 billion yuan China’s…
Business
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
The board declares an interim dividend of HK$0.05 per ordinary share, unchanged from H1 2024 Hotel group Shangri-La Asia posted a net…
Business
Nvidia beats Q2 estimates, forecasts higher revenue as stocks slide
Nvidia forecast third-quarter revenue above Wall Street estimates on Wednesday, helped by robust demand for its artificial intelligence…
Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Business
Australia’s Nine Entertainment Posts $1.75 Billion Revenue, $86 Million Profit
Australian media giant Nine Entertainment Co. Holdings Limited posted revenue of AUD2.7 billion ($1.75 billion) and a net profit after tax…
Business
Perplexity AI to share search revenue with publishers
PERPLEXITY AI on Monday said it will begin paying out millions of dollars to media outlets as part of a new model for sharing search…
Business
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid falling revenue, margin squeeze
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Business
Baidu’s revenue dips ahead of intensifying Chinese AI contest
Baidu’s revenue fell, hurt by an economic downturn that’s capping its ability to fight bigger rivals in AI and make inroads in new growth…
Business
Pop Mart’s Labubu doll frenzy drives 204% revenue surge, 397% profit jump
— Chinese plush toymaker Pop Mart International Group reported robust revenue and profit growth, boosted by global demand for its hugely…
Business
Xiaomi’s revenue rises 31% after second EV excites consumers
Xiaomi’s quarterly revenue rose a slightly better-than-anticipated 31 per cent after the successful launch of its second electric vehicle…