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Search Result for “net profits”

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BUSINESS

China floods the world with gasoline cars it can't sell at home

Reuters, Published on 02/12/2025

» WARSAW — China's electric vehicle (EV) industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers.

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BUSINESS

Honda's bigger threat comes from China's EV makers, not tariffs or chips

Reuters, Published on 11/11/2025

» TOKYO — Honda's downgrade to its full-year profit outlook underscores the immediate pressure from US tariffs and global chip shortages - but the deeper, longer-term challenge lies in intensifying competition from Chinese electric vehicle (EV) makers.

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WORLD

US airlines scramble to rejig schedules as government orders flight cuts

Reuters, Published on 06/11/2025

» BENGALURU — US airlines were scrambling on Thursday to rejig schedules and fielding a flood of customer queries after the United States ordered flight cuts at some of the nation's busiest airports, the latest travel disruption from the prolonged government shutdown.

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BUSINESS

Southeast Asia set to export surplus biofuels to Europe

Reuters, Published on 10/09/2025

» SINGAPORE — Southeast Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a senior executive with Malaysian state oil and gas company Petronas said on Wednesday.

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WORLD

Indonesia to launch crackdown on illegal mines in forests

Reuters, Published on 28/08/2025

» JAKARTA — Indonesia's forestry task force is planning a crackdown starting Sept 1 on mines operating without proper permits in around 4.27 million hectares (10.55 million acres) of forest areas, an official said on Thursday.

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BUSINESS

South Korea visa waiver to lift travel but not Chinese airline profits

Reuters, Published on 26/08/2025

» BEIJING — South Korea's decision to grant visa-free entry to Chinese tour groups will lift China's weak outbound travel numbers but not enough to boost the bottom lines of struggling Chinese airlines, analysts said.

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WORLD

New Zealand's population exodus hits 13-year high

Reuters, Published on 15/08/2025

» SYDNEY — New Zealand citizens leaving the country have hit the highest levels in 13 years, with more than a third of those emigrating aged under 30 years as unemployment rises and economic growth remains soft.

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BUSINESS

Thai Airways' share price takes off after trading resumes

Reuters, Published on 04/08/2025

» Thai Airways International's stock price (THAI) surged as much as 231% after shares in the airline resumed trading on Monday, before falling back later in the morning.

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LIFE

Black Sabbath, Ozzy Osbourne head back home for their last show

Reuters, Published on 05/07/2025

» BIRMINGHAM — Tens of thousands of fans will rock out in Birmingham on Saturday as Ozzy Osbourne and Black Sabbath reunite for what they have said will be their last live performance together.

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SPORTS

Late goals earn Vietnam Asean Championship win over 10-man Thais

Reuters, Published on 05/01/2025

» Vietnam won the Asean Championship for the third time in their history on Sunday as a 3-2 win over 10-man defending champions Thailand in the second leg of the final in Bangkok sealed a 5-3 aggregate victory for Kim Sang-sik's side.