Showing 1 - 10 of 759
US fund Pershing Square launches takeover bid for Universal Music
AFP, Published on 07/04/2026
» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.
Line Man preps for the worst
Business, Suchit Leesa-nguansuk, Published on 01/04/2026
» Line Man Wongnai is preparing for a worst-case energy crisis by considering delivery surcharges on consumers if fuel prices rise by another 9-10 baht.
Banpu consolidation drives clean energy transition
Business, Yuthana Praiwan, Published on 05/03/2026
» The merger of Banpu Power and its parent firm, Banpu Plc, an energy conglomerate, is expected to be completed by the first half of 2026, resulting in a new company that oversees four core businesses.
Centara expands into budget hotels
Business, Molpasorn Shoowong, Published on 27/02/2026
» Centara Hotels & Resorts is targeting revenue growth of 15% this year, banking on a recovery in Thai tourism and diversified markets. The company will begin investing in the first phase of six budget hotels from 2026 to 2028 at petrol stations in partnership with PTT Oil and Retail Business (OR).
SET rides wave of post-poll optimism
Business, Tisco Securities, Published on 14/02/2026
» The Stock Exchange of Thailand closed the first month of 2026 with high hopes for an election-themed rally. Market-cap leader DELTA turned positive again, pushing the SET up more than 20 points in the first week of the year, while positive sentiment about artificial intelligence (AI) on Wall Street spread to Asia.
Musk merges his AI business into SpaceX
AFP, Published on 03/02/2026
» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
Suphachai rules out digital merger
Business, KOMSAN TORTERMVASANA and SIRIVISH TOOMGUM, Published on 28/01/2026
» Arise Ventures Group, the new major shareholder in True Corporation, insists it has not considered merging its True Internet Data Center Co Ltd (True IDC) and Ascend Money into True's organisational structure, as it could burden True's telecom business.
Telenor selling stake in True Corp for $3.9 billion
Reuters and Online Reporters, Published on 22/01/2026
» The Norwegian telecom operator Telenor said on Thursday that it had agreed to sell its stake in True Corporation of Thailand for a total of 39 billion Norwegian crowns (123 billion baht or $3.9 billion).
Corporate earnings see marked decline as economy stagnates
Nuntawun Polkuamdee, Published on 03/12/2025
» Listed Thai companies have reported weaker operating results for the first nine months of 2025 compared with a year earlier, attributed to a sluggish economic recovery, a strong baht, and sector-wide cost pressures, according to the Stock Exchange of Thailand (SET).
Australian mining giant BHP drops Anglo American takeover bid
AFP, Published on 24/11/2025
» SYDNEY - Australian resources giant BHP said on Monday it had dropped a bid to take over British rival Anglo American that would have created the world's largest miner of copper.