Competition
-
DFI shrinking Giant’s footprint to focus on Cold Storage amid growing competition
Analysts say DFI’s focus on multi-format retailing continues to keep the counter attractive SUPERMARKET chain Giant has recently shuttered several outlets here. But market watchers believe there is little cause…
-
Vodafone’s Three deal could harm mobile market, UK’s competition watchdog says
THE UK challenged Vodafone and Three’s claims that their £15 billion (S$25.6 billion) combination would leave the country’s mobile networks better off, saying the deal raises serious competition concerns, while…
-
Deal between Vodafone and Three could harm mobile market, UK’s competition watchdog says
THE UK challenged Vodafone and Three’s claims that their £15 billion (S$25.6 billion) combination would leave the country’s mobile networks better off, saying the deal raises serious competition concerns, while…
-
Huawei teases tri-fold smartphone, raising competition with Apple in China
CHINA’S Huawei Technologies unveils a three-way foldable phone on Tuesday (Sep 10), as it seeks to widen its lead over Apple in the world’s biggest smartphone market with a new…
-
Venice Set To Award Golden Lion After Star-filled Competition
The Venice Film Festival wraps up Saturday with one winner to be awarded the prestigious Golden Lion prize out of an eclectic roster of exceptional international films. From “The Brutalist”…
-
Singtel-owned Optus, TPG Telecom get Australia competition regulator’s nod for network-sharing deal
THE Australian Competition and Consumer Commission (ACCC) on Thursday (Sep 5) said it will not oppose the proposed regional network and spectrum-sharing agreements between Singtel-owned Optus and Australian telco TPG…
-
Fierce competition, narrow offerings stymie Malaysia’s digibank sector
Of the five digital banks granted licences, only three have begun operations; the other two have yet to launch their services [KUALA LUMPUR] Digital banks, once hailed as the next…
-
XPeng projects lower-than-expected Q3 revenue on stiff competition
CHINESE firm XPeng forecast third-quarter revenue below expectations and missed June-quarter sales estimates on Tuesday (Aug 20), hurt by stiff competition and a drop in demand for its ageing line-up…
-
PayPal’s turnaround plan faces challenges from competition, analysts say
AS PAYPAL embarks on an ambitious turnaround strategy to revitalise growth after a post-pandemic slump, Wall Street analysts expressed some caution over competition from Big Tech and beyond. The concerns…
-
Pinterest forecasts downbeat revenue as competition grows; shares slump
PINTEREST forecast current-quarter revenue below Wall Street expectations on Tuesday (Jul 30) as the image-sharing platform faces tough competition in a stabilising digital advertising market, sending its shares down about…
-
Donald Trump cites China competition in vowing to create Bitcoin ‘stockpile’
REPUBLICAN presidential candidate Donald Trump told a Bitcoin conference on Saturday (Jul 27) that the US must dominate the sector or China would, his latest move to court advocates of…
-
Grab’s deal to buy Singapore taxi firm might lessen competition, regulator says
Nasdaq-listed ride hailing company Grab’s deal to buy Singapore’s private taxi firm Trans-cab Holdings is likely to result in substantial lessening of competition in the local market, the city-state’s competition…
-
Abu Dhabi draws energy majors to LNG project as competition grows
ABU Dhabi National Oil Company (Adnoc) on Wednesday (Jul 10) awarded stakes in its Ruwais liquefied natural gas (LNG) expansion project to four international companies, as competition intensifies among Gulf…
-
Nvidia creating ‘huge bottleneck’ in AI chip supply, EU’s competition chief warns
EUROPEAN Union competition chief Margrethe Vestager warned of a “huge bottleneck” in Nvidia AI chips supply, but said watchdogs are still making up their minds about what, if anything to…