Quarter
Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites: IDC
SMARTPHONE shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the...
Grab’s big quarter has some analysts seeing further stock gains
There are more gains to come in Grab Holdings’ stock after a 35 per cent surge so far this quarter, according to some analysts.The ride-hailing and delivery firm will...
Grab returns to profit in third quarter, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on yearGrab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being...
AI startup funding hit a record in L.A. area last quarter. Here’s who got the most money
The Bay Area has long held the title for attracting the most venture capital funding in the nation, and that naturally includes the hot market for artificial intelligence startups....
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares slumped as much as 8.2 per cent.The Japanese carmaker is...
Thomson Reuters reports higher third quarter revenue
THOMSON Reuters reported higher than expected third-quarter revenue of US$1.72 billion on Tuesday (Nov 5), as it continued to invest in generative AI.
The Toronto-based content and technology company said...
Tesla China shipments slip 5% in october after bumper quarter
TESLA’s Shanghai factory deliveries slipped in October, the unexpected softness coming after a record quarter for China shipments at Elon Musk’s carmaker.
The US electric vehicle maker shipped 68,280 Model...
China woes drag down Pernod Ricard first quarter sales
FRENCH spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a bigger-than-expected fall in first quarter sales, caused...