Business
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…
Tag
Sales
Business
Novo Nordisk Annual Sales Jump on Demand for Ozempic and Wegovy
Novo Nordisk, the Danish pharmaceutical company behind Ozempic and Wegovy, capped off a somewhat turbulent 2024, reporting profit and…
Business
Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
Tesla’s sales in Germany plunged 59 percent in January, the month when Elon Musk, the company’s chief executive and a close adviser to…
Business
Google shares slide on spending plans despite sales jump
TECH giant Alphabet, Google’s parent company, reported robust fourth-quarter results on Tuesday, with revenues jumping 12 per cent to…
Business
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…
Business
PepsiCo Adding Healthier Snacks as Its North American Sales Dip
Amid a national debate on highly processed foods and the rise of weight-loss drugs, the snack and beverage giant PepsiCo is responding by…
Business
NXP gives disappointing sales forecast as chip slump persists
NXP and its peers have been struggling with a stubborn glut of chips that help power electric cars and manufacturing operations NXP…
Business
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…
Business
Samsung warns of slow AI chip sales in Q1, hurt by US restrictions on China
SAMSUNG Electronics on Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to U.S. export…
Business
Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales
After Apple unveiled artificial intelligence features for iPhones last year, the company’s stock soared in anticipation that the new…
Business
Apple profit tops Wall Street target even as iPhone, China sales fall short
APPLE beat Wall Street’s quarterly profit estimates on Thursday, but iPhone sales and China revenue for the holiday quarter were weak due…
Business
LVMH’s subdued sales temper hopes for a rapid luxury rebound
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury…
Politics
Trump officials discuss tighter curbs on Nvidia China sales
TRUMP administration officials are exploring additional curbs on the sale of Nvidia chips to China, according to sources familiar with the…
Business
PwC study says electric vehicles sales up in 2024, but Germany slips
The logo of the auditing company PWC, taken in Manhattan. Worldwide sales of battery electric vehicles (BEVs) grew last year to 10.4…
Business
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a while before the market experiences much of…
Business
Adidas seals turnaround year with strong fourth-quarter sales
ADIDAS reported what it said were better than expected preliminary fourth-quarter results on Tuesday (Jan 21), with strong sales and…
Business
Apple’s iPhone sales in China plunged 18% in holiday quarter
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
Apple’s iPhone sales in China plunge 18% in holiday quarter
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
American Express to pay US$230 million to settle US charges over deceptive sales practices
AMERICAN Express said on Thursday (Jan 16) it will pay about US$230 million to settle US criminal and civil probes into alleged deceptive…
Business
Singapore maritime breaks new records for arriving traffic, box throughput, fuel sales
SINGAPORE posted new highs for annual vessel arrival tonnage, container throughput, total bunker sales, sales of alternative bunker fuels,…
Business
Philips CEO sees subdued China sales this year
PHILIPS CEO Roy Jakobs said he still expects subdued demand in China this year due to healthcare anti-corruption efforts by the Chinese…
Business
Global electric vehicle sales up 25% in record 2024
GLOBAL sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth…
Business
Global electric vehicle sales up 25% to over 17 million in record 2024
GLOBAL sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth…
Business
China's EV sales soar 40 percent amid gasoline plunge
China's electric vehicle (EV) market experienced a record-breaking year in 2024, with sales surging over 40 percent, industry data…