SAP forecast headwinds over the next few years as it rebounds from the coronavirus pandemic and forces the pace of its transition to cloud services, forecasting an acceleration in growth and profitability only after that.
Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for stake sales, higher dividends and long-awaited restructuring, analysts said.
After years of focusing on U.S. shale, Chevron Corp is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long tread warily.
ByteDance has discussed internally about the potential scenario and its representatives have met several investment banks in recent weeks to talk about such a possibility for Douyin, according to one of the people.
South Korea's Hyundai Motor Co said on Monday it swung to a net loss in the July-September quarter, missing analysts' estimates by a large margin as a charge related to engine issues weighed on earnings.
SINGAPORE: The Singapore Government has set aside S$49 million to fund low-carbon energy research and test-bedding efforts in hydrogen and carbon capture utilisation and storage. Making his opening remarks at the Singapore International Energy Week on Monday (Oct 26), Minister for Trade and ...
An electric vehicle (EV) factory planned by Chinese automaking group Geely will produce cars under the premium Polestar marque, two people with direct knowledge of the matter told Reuters on Monday.
Apple's top iPhone assembler, Taiwan-based Foxconn, has set up a task force to fend off the growing clout of Chinese electronics manufacturer Luxshare, which it believes poses a serious threat to its dominance, three sources with knowledge of the matter said.
SINGAPORE: Singapore will import electricity from Peninsular Malaysia under a two-year trial, said the Energy Market Authority (EMA) on Monday (Oct 26). The trial aims to "assess and refine the technical and regulatory frameworks" for importing electricity into Singapore, said the authority in ...
Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for restructuring and stake sales, analysts said.
