Entrepreneurship

Mercedes-Benz profit plunges on tariff, China woes
[ad_1] [FRANKFURT] Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and weak sales in China, prompting it to...
Rio Tinto posts smallest first-half profit in five years
[ad_1] It reported underlying earnings of US$4.81 billion for the six months ended June 30Published Wed, Jul 30, 2025 · 02:54 PM[LONDON] Rio Tinto reported its smallest first-half underlying profit...
UBS second-quarter profit doubles to $2.4 billion, beats estimates
[ad_1] [ZURICH] UBS’ second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other major banks in making the most of a surge in...
HSBC first-half profit falls 26%, misses estimates
[ad_1] Published Wed, Jul 30, 2025 · 12:35 PM[HONG KONG] HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as a US$2.1...
HSBC first-half profit slumps 26% as China losses mount
[ad_1] [HONG KONG/LONDON] HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday (Jul 30), missing analyst estimates, as impairments from its investment in China’s Bank...
Stablecoins inspire hope, and hype, in Hong Kong
[ad_1] [HONG KONG] Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type of cryptocurrency, but authorities warn against overplaying...
Acquisitions: The Secret to Exponential Growth
[ad_1] Over the past few years, I’ve led Hawk Media through the acquisition of more than 20 companies—other agencies with amazing talent. This wasn’t just a random buying spree; it...
US: S&P 500, Nasdaq open at record highs with earnings, Fed meeting in focus
[ad_1] Published Tue, Jul 29, 2025 · 09:43 PM[NEW YORK] The S&P 500 and Nasdaq opened at fresh record highs on Tuesday (Jul 29), as investors assessed a slew of...
Boeing workers threaten strikes at fighter jet factories
[ad_1] [SAN FRANCISCO] Members of a union representing workers who assemble fighter jets in two Boeing factories rejected the US aircraft manufacturer’s proposed new contract on Sunday, paving the way...
Singtel’s NCS seeks to hire up to 200 fresh graduates this year
[ad_1] [SINGAPORE] NCS will remain committed to hiring between 150 and 200 fresh graduates this year, said chief executive officer Ng Kuo Pin. This is similar to previous hiring numbers.The...
Stellantis poaches Renault design chief to lead Europe revamp
[ad_1] [PARIS] Stellantis hired Gilles Vidal, one of Renault’s top design executives, as the maker of Peugeot cars seeks a makeover under its new chief executive officer.Vidal, who worked at...
China’s Premier Li Qiang proposes global AI cooperation organisation
[ad_1] [SHANGHAI] Chinese Premier Li Qiang on Saturday (Jul 26) proposed establishing an organisation to foster global cooperation on artificial intelligence (AI), calling on countries to coordinate on the development...