Business
Musk signals 'significantly' stepping back from Doge as Tesla profits plunge
Lily Jamali Reporting from San Francisco Tesla boss Elon Musk says he will cut back his role in Donald Trump's administration after the…
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Profits
Business
Tesla says profits plunge 71%, warns of ‘changing political sentiment’
Tesla reported a 71 per cent drop in first-quarter profits on Tuesday (Apr 22) in results that lagged analyst estimates as Elon Musk’s…
News
Volkswagen says first-quarter profits impacted by Trump tariffs
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had…
Business
Predictive Analytics: See Your Future Profits
Predictive analytics is a game-changer for businesses looking to boost their profits. By using data to forecast future trends and customer…
Business
China bubble tea chain Mixue profits spike 40% in 2024
Chinese bubble tea and drinks firm, Mixue Group, which has surpassed McDonald’s and Starbucks in store count to become the world’s largest…
Business
Listed companies can dial down on diversity; profits, financial prudence, shareholder treatment matter more
LIVING in multi-racial, multi-religious Singapore – where people hail from diverse nationalities and many are foreign-born – is fun. One…
Business
BP profits drop as it says it will reset strategy
Oil giant BP's profits dropped sharply last year with the firm saying it will "fundamentally reset" its strategy. It is widely expected to…
Business
McDonald’s profits dented by food poisoning outbreak
MCDONALD’S reported a dip in profits on Monday as it contended with lingering effects from a US food poisoning outbreak that depressed…
Business
Sembcorp to miss 2025 target on green business profits, drops metric from 2028 strategy
Management will not receive compensation tied to this particular sustainability goal SEMBCORP Industries will miss one of its 2025…
Business
ExxonMobil signals weaker performance across the board to hurt Q4 profits
EXXONMOBIL signalled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would reduce its…
Business
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. Now…
Business
Tether sees US$10 billion in net profits for 2024
The world’s biggest stablecoin issuer, Tether, is on track to close the year with more than US$10 billion in net profits, chief executive…
Business
Supermarkets 'putting profits above human rights', MP says
Supermarkets in the UK that appear to be selling products linked to slave labour in China may be “complicit in putting profits above human…
Business
China Oct industrial profits narrow decline but demand remains weak
By Qiaoyi Li, Joe Cash and Liangping Gao BEIJING (Reuters) -China's October industrial profits narrowed their earlier declines, helped by…
News
DBS sees upside to 2025 profits under Trump administration
Singapore’s largest lender posts yet another record quarterly net profit of S$3 billion in Q3 DBS expects its pre-tax profits for 2025…