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Search Result for “net profits”

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BUSINESS

Tesla likely to launch full self-drive technology this year

Reuters, Published on 20/04/2023

» SAN FRANCISCO: Elon Musk said on Wednesday that electric vehicle (EV) giant Tesla likely will launch full self-drive technology this year and generate significant profits that offset some of the margin pressure it's facing due to aggressive price cuts.

BUSINESS

Southeast Asia lags in EVs. Can it catch up?

Reuters, Published on 23/02/2023

» KUALA LUMPUR: For self-confessed tech geek and adrenaline junkie Farhan Abdul Rahim, becoming one of the first Malaysians to own an electric car in 2020 was a no-brainer - but he did not simply stop there.

LIFE

Microsoft in talks to invest $10bn in ChatGPT owner

Reuters, Published on 10/01/2023

» BENGALURU: Microsoft Corp is in talks to invest US$10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter.

BUSINESS

Nations seek aviation climate pact despite global tensions

Reuters, Published on 27/09/2022

» MONTREAL/PARIS: A United Nations (UN) body has begun global talks to hammer out a consensus on reducing airline emissions in the face of lingering discord over climate change and the impact of war in Ukraine.

BUSINESS

Thai stock investor mood at 11-month low on Fed, inflation

Reuters, Published on 14/07/2022

» Investor confidence in the Thai stock market has hit an 11-month low on concerns about the US Federal Reserve's fast monetary tightening policy, global inflation and Covid-19 infections, a capital markets group said on Thursday.

BUSINESS

Airlines pledge to stabilise rocky recovery

Reuters, Published on 21/06/2022

» DOHA: Global airlines wrapped up an annual summit on Tuesday by pledging to overcome operational problems that have marred the industry's recovery from the Covid-19 pandemic.

LIFE

EU agrees on internet rulebook for Google, Facebook, other tech giants

Reuters, Published on 23/04/2022

» BRUSSELS: European Union countries and EU lawmakers on Saturday clinched a deal on new rules requiring tech giants to do more to police illegal content on their platforms and to pay a fee to regulators monitoring their compliance.

BUSINESS

Asian equities face biggest foreign outflows in March in 2 years

Reuters, Published on 05/04/2022

» Asian equities witnessed steep foreign outflows in March, hit by worries over higher inflation as commodity prices soared due to an escalating conflict between Russia and Ukraine.

BUSINESS

Thai stock investor sentiment at 3-month high as inflows continue

Reuters, Published on 04/04/2022

» Investor confidence in the Thai stock market has hit a three-month high, bolstered by continued foreign fund inflows and optimism over growth in corporate earning, a capital markets group said on Monday.

WORLD

Vietnam's power plants facing coal shortages

Reuters, Published on 17/03/2022

» HANOI: Coal-fired power plants in Vietnam are facing a shortage of coal supplies after COVID-19 infections disrupted the operations of local miners and due to the high global cost of importing the fuel, the government said on Thursday.