Category: Business
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Burberry Ramps Up Turnaround in Effort to Revive Brand
The luxury group said it was taking steps to cut costs and change its pricing strategy, after it slid to a first-half loss on sharply lower sales.
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Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.
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Financial Services Roundup: Market Talk
Find insight on RHB Bank, Insignia Financial, Bitcoin and more in the latest Market Talks covering Financial Services.
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Auto & Transport Roundup: Market Talk
Find insight on Eicher Motors, Singapore Airlines and more in the latest Market Talks covering the Auto and Transport sector.
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Basic Materials Roundup: Market Talk
Read about Orica, Mineral Resources and more in the latest Market Talks covering Basic Materials.
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JD.com Profit, Revenue Rise as Consumer Sentiment Improves
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.
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Swiss Re Net Profit Falls On U.S. Liability Reserve Increase
The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.
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NetEase’s Profit Falls on Weaker Gaming Revenue
The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.
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Trump vs. Media Moves Back to the White House
The president-elect has threatened broadcast licenses and filed lawsuits against some networks. Executives are bracing for possible deal drama.
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The Onion Is Buying Alex Jones’s Infowars Site
The satirical website joined with families who lost children in the Sandy Hook massacre to acquire Infowars