Business
BYD surpasses US$100 billion in annual sales, beating estimates
BYD’s sales last year surpassed the US$100 billion mark, leapfrogging Elon Musk’s Tesla on revenue, as the Chinese auto giant wows…
Tag
Sales
Business
Young, rich Indians drive surge in Lamborghini and Mercedes-Maybach sales
Lamborghini and Mercedes-Maybach plan to expand in India as a growing tribe of young, rich Indians splurge on super luxury cars, driving…
Business
Geely’s profit triples, beating estimates, on strong sales
Geely Automobile Holdings’ full-year profit more than tripled, beating analyst estimates, after the carmaker increased sales volumes and…
Business
Micron gives upbeat sales forecast after AI fuels demand
The company’s high-bandwidth memory, or HBM, has become a vital piece of AI systems Micron Technology, the largest US maker of computer…
Business
Nike sales beat estimates in new CEO’s first full quarter
CEO Elliott Hill is attempting to guide the company back to growth after a difficult year of falling sales and corporate layoffs Nike’s…
Business
Coupang profit beats estimates, even as sales growth slows
COUPANG, the largest e-commerce company focused on South Korea, handily beat profit estimates for the fourth quarter, even as sales grew…
Business
Aztech Global H2 profit falls to S$23.9 million on lower sales but group doubles dividend
DESPITE its profit dropping from S$57.1 million to S$23.9 million in the second half of 2024, Aztech Global almost doubled its dividend…
Business
Tesla sales fall 45% in Europe as rivals’ EV registrations soar
TESLA’s sales plunged 45 per cent last month across Europe, where rival carmakers saw a surge in electric vehicle (EV) demand. The Elon…
Business
Hyundai counts on Inster to reverse steep EV sales slide in Europe
Hyundai expects the Inster to be one of the bestselling full-electric vehicles in Italy this year as well as the catalyst for a big…
Business
Sales Forecasting: Crystal Ball Not Required
Sales forecasting can feel like a guessing game, but it doesn’t have to be. With the right tools and templates, you can create forecasts…
Business
Birkenstock slumps as unchanged outlook overshadows sales boost
BIRKENSTOCK Holding shares fell after the German shoe company opted to keep its outlook unchanged, even as sales of its high-end sandals…
Business
Walmart Racks Up Sales Record but Sees Slower Growth Ahead
Walmart, the largest retailer in the United States, said on Thursday that strong holiday sales propelled its revenue to another annual…
Business
Japan’s Suzuki aims to boost sales by a third by 2030, invest heavily in India
JAPANESE small car maker Suzuki Motor said it will target 4.2 million vehicles in global sales in five years’ time – an increase of nearly…
Business
Renault, Geely deepen partnership with Brazil car sales plan
The latest agreement gives Geely better access to South America’s biggest economy RENAULT and China’s Zhejiang Geely Holding Group plan to…
Business
Bank of Japan nearing end of bank stock sales shifts focus to ETF assets
THE Bank of Japan (BOJ) is on course to finish offloading millions of US dollars of stocks that it bought from beleaguered banks during…
Business
Yahoo News signs up influencers with promise of shared advertising sales
YAHOO has signed up nearly 100 YouTube, TikTok and Instagram creators to draw traffic to its website, recognition that millions of people…
Politics
Trump says U.S. will increase military sales to India, may provide stealth jets
President Trump said Thursday that the U.S. will increase its sales of military equipment to India, which could ultimately lead to the…
Business
South Korea’s Mint halts gold bar sales as supply tightens
SOUTH Korea’s Mint has temporarily suspended sales of gold bars, adding to signs of widespread tightness across markets for physical…
Fashion
Gucci sales tumble as Kering turnaround fails to take shape
GUCCI quarterly sales tumbled as Kering’s biggest label struggles to emerge from an extended demand downturn. Revenue at Gucci fell 24 per…
Business
Huawei boosts smartwatch sales by registering them as medical devices
HUAWEI Technologies has found an unlikely way to boost sales of its latest smartwatches in the face of sluggish consumer spending in…
Business
TSMC January sales growth slows after DeepSeek roils market
TSMC’s outlook is overshadowed by US President Donald Trump’s threats to slap tariffs on semiconductor imports TAIWAN Semiconductor…
Business
Tesla shares post worst week since October as sales plunge
While Elon Musk has been generating headline after headline for his efforts to reshape the US federal workforce, the stock of his…
Business
F&N Q1 profit up 18.8% at S$52 million as soft drinks, beer sales jump
BEVERAGE maker F&N reported a net profit of S$52 million for the first quarter ended Dec 31, an 18.8 per cent increase from S$43.8 million…
Business
L’Oreal sales miss estimates as China demand remains weak
L’OREAL’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in…