Business

If Elon Musk and Twitter can’t renegotiate, shareholders sufferIf Elon Musk and Twitter can’t renegotiate, shareholders suffer

If Elon Musk and Twitter can’t renegotiate, shareholders suffer

The market has been thrown into a tailspin as a result of Elon Musk's recent highly publicized back and forth…

August 1, 2022
Indonesia allows PayPal following outcryIndonesia allows PayPal following outcry

Indonesia allows PayPal following outcry

An official of higher rank stated on Sunday, July 31st, that Indonesia has temporarily unblocked access to the online payment…

July 31, 2022
Zipmex seeks bankruptcy protection in SingaporeZipmex seeks bankruptcy protection in Singapore

Zipmex seeks bankruptcy protection in Singapore

The cryptocurrency exchange Zipmex, which primarily served Southeast Asia, announced that it had submitted a petition for protection from creditors…

July 29, 2022
Instagram sidelines TikTok-like features after receiving complaintsInstagram sidelines TikTok-like features after receiving complaints

Instagram sidelines TikTok-like features after receiving complaints

According to a story that was published in the Platformer tech newsletter on Thursday, Instagram is going to stop developing…

July 29, 2022
As businesses recover, Keppel’s half-year earnings jumpsAs businesses recover, Keppel’s half-year earnings jumps

As businesses recover, Keppel’s half-year earnings jumps

On Thursday, the Singaporean conglomerate Keppel Corp reported a first-half profit that increased by 66%. This increase was made possible…

July 28, 2022
Nestle boosts organic growth, cuts margin guidanceNestle boosts organic growth, cuts margin guidance

Nestle boosts organic growth, cuts margin guidance

After cost inflation hurt less than expected and price increases boosted organic sales growth in the first half of 2022,…

July 28, 2022
Puma raises sales forecast, handles China better than AdidasPuma raises sales forecast, handles China better than Adidas

Puma raises sales forecast, handles China better than Adidas

Puma, a German sportswear manufacturer, revealed results for the second quarter that were greater than expected on Wednesday and boosted…

July 27, 2022
Toyota limits domestic output by 4,000 cars in July due to bad weatherToyota limits domestic output by 4,000 cars in July due to bad weather

Toyota limits domestic output by 4,000 cars in July due to bad weather

Heavy rain disrupted supplies of parts, which raised the possibility that Toyota Motor Corp. could fall short of its global…

July 27, 2022
Banana cake, mixed fruits recalled, preservative and allergy concernsBanana cake, mixed fruits recalled, preservative and allergy concerns

Banana cake, mixed fruits recalled, preservative and allergy concerns

According to a statement released by the Singapore Food Agency (SFA) on Wednesday, a recall notice was issued for Best…

July 27, 2022
The ice industry flourishes in the summer heat in ShanghaiThe ice industry flourishes in the summer heat in Shanghai

The ice industry flourishes in the summer heat in Shanghai

Throughout the month of July, the skyrocketing temperatures in Shanghai, the commercial metropolis of China, have kept Ye Xiangxiang quite…

July 26, 2022