AirAsia parent plans to raise more than $1 billion in debt, equity – FT
(Reuters) – Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and…
Porsche confirms outlook but warns luxury not immune to economic woes
(Reuters) – Porsche AG reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector…
Uber Australia and BYD team up to boost EV adoption
Uber Australia (NYSE:UBER) has initiated a strategic partnership with Chinese automaker Build Your Dreams (SHE:002594) and EVDirect, BYD (SZ:002594)’s official…
Australian court finds Carnival misled about cruise’s COVID risks in landmark ruling
(Reuters) – Carnival Corp’s Australian unit has been ordered to pay the medical expenses of a woman who contracted COVID-19,…
Kokusai Electric shares jump 28% in Tokyo debut
(Reuters) – Kokusai Electric shares jumped 28% in their Tokyo market debut on Wednesday after private equity firm KKR sold…
Dulux owner Akzo sees core earnings towards low end of forecasts
(Reuters) – Dutch paints and coatings maker Akzo Nobel (OTC:AKZOY) has set out a plan to save costs and improve…
Evergrande did not file court documents by requested time -source
(Reuters) – China Evergrande (HK:3333) Group did not submit defence documents to a Hong Kong court before a deadline that…
Battery maker LG Energy Solution warns of slowing EV demand, shares tumble
(Reuters) – South Korean battery firm LG Energy Solution (LGES) warned on Wednesday of slowing revenue growth in 2024 due…
Sony Honda Mobility could procure EV batteries from US, president says
(Reuters) – Sony (NYSE:SONY) and Honda (NYSE:HMC)’s automotive joint venture could procure batteries for its new Afeela electric vehicle from…
Honasa Consumer set to launch IPO on October 31
Honasa Consumer, the parent company of brands such as Mamaearth, The Derma Co, and Aqualogica, has announced plans to launch…