The Business Times

India's Tata Motors says change of group chairman won't affect investment plans

MUMBAI] India’s Tata Motors Passenger Vehicles said on Thursday (Aug 13) its investment spending will not change following the exit of parent Tata Sons’ Chairman N Chandrasekaran, as the carmaker ...
Business Times

ThaiBev posts improved Ebitda despite revenue decline

The Thai brewer’s revenue is down 1.8% to 254 billion baht, with the fall led by its beer segment [SINGAPORE] The Bangkok-headquartered and Singapore-listed Thai Beverage (ThaiBev) reported a 1.8 per ...
The Business Times

Credible missile threat led to secret Nato summit flight swap for Trump: source

US officials were alarmed to discover that Iranians knew where Trump was staying in Ankara, including the exact floor of his ...
The Business Times

Ice cream makers bet consumers still want treats, just healthier ones

The rise of appetite suppressants and demand for healthier foods pushes manufacturers to cut portion sizes and simplify ...
Business Times

Genting Singapore H1 profit falls 33.5% to S$156.1 million despite stable revenue

[SINGAPORE] Resort and casino operator Genting Singapore recorded a 33.5 per cent fall in profit for its first half ended Jun 30 to S$156.1 million, from S$234.7 million a year earlier. This was ...
Business Times

JD.com expects second-half electronics sales to improve after quarterly revenue falls

[BEIJING] JD.com, a major sales platform for consumer electronics products in China, expects home-appliance sales to improve in the second half, it said on Thursday (Aug 13), after reporting its first ...
Business Times

Meta leans into creator-led commerce in Apac

[SINGAPORE] Meta is leaning into creator-led commerce as it scales up its products in Asia-Pacific, the group said in a briefing on Thursday (Aug 13). Through Meta’s affiliate partnership programme, ...
Business Times

Ackman unveils six new investments in biggest portfolio overhaul in years

[NEW YORK] Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor’s biggest portfolio overhaul in years. Ackman said on Thursday (Aug 13) he ...
Business Times

US weekly jobless claims increase moderately, point to stable labour market

[WASHINGTON] The number of Americans filing claims for unemployment benefits increased moderately last week, suggesting that the labour market remains stable despite July’s surprise job losses.
Business Times

Foundation Healthcare H1 profit drops 67.6% to S$1.2 million on higher operating expenses post-IPO

[SINGAPORE] Foundation Healthcare Holdings (FHH) on Thursday (Aug 13) posted a 67.6 per cent year-on-year decline in its net profit for its first half ended Jun 30, to S$1.2 million, from S$3.8 ...
The Business Times

Greenback steadies after benign US inflation curbs Fed rate hike bets

LONDON] The US dollar drifted on Thursday (Aug 13) after an overall benign reading of US consumer inflation prompted traders to pare back their bets on a September rate hike from the Federal Reserve.