business

Singapore Airlines’ profit dropped 82% in its second quarter, dragged by losses from associate Air India and lower interest income. Source link

New funding round values Alembic, which helps brands show links between marketing activity and business results, at $645 million. Source link

The medium-duty truck manufacturer secured an order from FedEx as part of the logistics giant’s investment in its Series C round Source link

The new NBCSN channel will launch Monday and carry mostly sports that are also streamed on NBCU’s Peacock service, including NBA games, Big Ten college football, golf and Premier League soccer. Source link

The Chinese e-commerce giant‘s quarterly profit dropped 55% as it continued its push into the highly competitive food-delivery space and other new businesses. Source link

The company swung to a pretax profit on higher gold prices, and said it expects full-year production to be in the top half of its guided range. Source link

The oil market is becoming increasingly unbalanced with global inventories continuing to climb and an even larger surplus expected this year, the International Energy Agency said. Source link

The company said strong demand across all its businesses means it is on track to meet its full-year targets. Source link

The luxury brand booked a 2% rise in comparable store sales, the first increase in two years. Source link

The Abu Dhabi-owned gas company declared a nearly $900 million inaugural third-quarter dividend. Source link