business
Tech, Media & Telecom Roundup: Market Talk
Find insight on PLDT, SMIC, Xero and more in the latest Market Talks covering Technology, Media and Telecom. Source link
Domino’s Invests in Rebrand (And Stuffed-Crust Pizza) to Keep Diners Coming
The pizza chain rolled out its first rebrand in years as it aims to keep selling pizzas to cost-conscious consumers. Source link
XPeng Net Loss Shrinks, Putting Profitability Within Sight
The carmaker significantly narrowed its net loss in the third quarter thanks to robust sales and margins, bringing the Chinese carmaker within striking distance of profitability. Source link
Sinclair Takes Stake in E.W. Scripps to Push Takeover Deal
Sinclair believes scale is increasingly necessary in the broadcast TV industry and bought up the stake to pressure Scripps to strike a deal. Source link
TotalEnergies to Form Flexible Power JV With Kretinsky’s EPH in $5.9 Billion Deal
The oil giant said it agreed to buy 50% of Daniel Kretinsky-owned EPH’s flexible power-generation platform, with the two companies forming a joint-venture to manage the assets. Source link
Tech Investor Prosus Expects Tencent to Drive Earnings Growth
The Tencent Holdings shareholder anticipates a boost to first-half earnings from increased profitability at the Chinese technology giant and at its own e-commerce business. Source link
Geely Automobile Net Profit Rises Sharply on Robust Sales
China’s second-largest electric-vehicle maker reported a rise in its net profit supported by strong sales with 76,100 vehicles sold in the third quarter, up 43% from the previous year. Source link
FAA to Lift Government Shutdown-Related Flight Restrictions
A cut in flight traffic implemented last week in response to the government shutdown would end Monday morning. Source link
Layoff Tactics Keep Changing, and the Blunders Keep Coming
Amazon informed staffers via a text-email combo. Target asked them to stay home. Does any of it make job cuts less painful? Source link
Regulators Bypassed Building 602. Then It Blew Up.
The site of an explosion that killed 16 workers in Tennessee was part of an “industry that polices itself.” Source link