Business
Chinese food delivery giant Meituan beats quarterly revenue estimates
CHINA’S largest food delivery firm Meituan posted a bigger-than-expected 22.4 per cent rise in third-quarter revenue on Friday (Nov 29),…
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Business
China’s Baidu posts 3% fall in third-quarter revenue, beats market estimates
BAIDU reported a 3 per cent fall in third-quarter revenue on Thursday (Nov 21), beating market estimates, as China’s biggest Internet…
Business
China’s Alibaba misses quarterly revenue estimates, beats on profit
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer…
Business
Allianz beats forecasts with 22% rise in profit and rosier outlook
GERMANY’S Allianz on Wednesday (Nov 13) beat expectations with a 22 per cent rise in third-quarter net profit, helped by lower claims from…
Business
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net…
Business
Spotify beats subscriber, margin estimates even as ad sales lag
SPOTIFY Technology reported third-quarter growth in subscribers and profit margins, saying lower marketing and personnel costs helped the…
Business
State Bank of India beats Q2 profit view but lending margin shrinks
STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher…
Business
OCBC beats forecast with 9% rise in Q3 profit to S$1.97 billion
OCBC’s net profit for the third quarter ended September rose 9 per cent to S$1.97 billion, from S$1.81 billion in the previous…
Business
Airbnb revenue narrowly beats on strong growth in international markets
VACATION home rental company Airbnb narrowly beat estimates for third-quarter revenue on Thursday (Nov 7), helped by strong growth in its…
Fashion
Expedia raises full-year guidance, beats on gross bookings
EXPEDIA Group posted better-than-expected grossing bookings in the third quarter and said it was raising its full-year guidance,…
Business
Tata Steel’s second-quarter profit beats on higher sales volumes, lower costs
TATA Steel reported a second-quarter profit on Wednesday (Nov 6) that beat analysts’ estimates as lower costs and higher sales volumes in…
Business
Sun Life profit beats expectation on strength in Canada, US
SUN Life reported a better-than-expected third-quarter profit on Monday (Nov 4) as Canada’s second-largest life insurer benefited from…
Business
Exxon’s US$8.6 billion profit beats estimate as volume offsets price weakness
EXXON Mobil beat Wall Street’s third-quarter profit estimate on Friday (Nov 1), boosted by strong oil output in its first full quarter…
Business
Chevron beats quarterly profit expectations on higher production
CHEVRON on Friday (Nov 1) beat Wall Street estimates for third-quarter profit, helped by higher oil and gas output, but overall earnings…