business
Toyota Raises Sales, Earnings Guidance Despite U.S. Tariff Impact
The carmaker now expects group vehicle sales to rise 2.6% to 11.30 million units. Source link
Hong Kong Exchange Operator Posts Another Record Quarter on Stronger Trading, Listing Activity
Hong Kong Exchanges & Clearing reported record profit and revenue for the third quarter as trading and listing activity in the Asian financial hub gathered momentum. Source link
Naver Posts Record Earnings on AI Push
The South Korean internet giant reported record third-quarter earnings as its artificial-intelligence push drove strong growth at its core platform and online-commerce segments. Source link
Malaysia’s Sunway Healthcare to Begin Pre-Deal Investor Talks for $1 Billion IPO
Malaysia’s Sunway Healthcare Group will soon start engaging investors ahead of a planned initial public offering that could raise up to $1.0 billion. Source link
Bain Capital in Talks to Acquire Perpetual’s Wealth Management Unit
Australian investment manager Perpetual said it is in talks with Bain Capital over a potential sale of its $14 billion wealth-management business. Source link
Palantir’s Market Value Skyrocketed. See How Its Revenue Is Still Catching Up.
No other company currently in the S&P 500 has hit a $490 billion valuation as quickly and with as little in sales. Source link
Cava Cuts Outlook as Younger Customers Come Under Pressure
It marks the latest sign of weaker demand for fast-casual restaurants. Source link
Trump Renominates Jared Isaacman to Lead NASA
The announcement came about five months after the president dropped support for the technology executive. Source link
First Brands Sues Founder, Accusing Him of Lavish Spending at Company’s Expense
In the complaint against Patrick James, the bankrupt auto supplier claims $500,000 was spent on a private chef, $150,000 went toward a personal trainer and $3 million was used to rent a New York townhouse. Source link
UPS Cargo Plane Crashes in Kentucky
A Honolulu-bound aircraft with three crew members onboard exploded while taking off, the company said. Source link