Crown Resorts Ltd., the gaming company controlled by billionaire James Packer, slumped after first-half profit missed analyst estimates as a 26 percent decline in bets from high-rolling gamblers weighed on earnings.
Singapore Telecommunications Ltd. will renew a push to win mobile users against Telstra Corp. in Australia after currency moves and a focus on profitability drove its quarterly sales in the country down 14 percent.
Telstra Corp., Australia’s largest phone company, increased its dividend for the first time in nine years as it boosted its share of the domestic mobile market and awaited funds from the sale of a Hong Kong unit.
Tabcorp Holdings Ltd. , Australia’s biggest casino owner, will spend A$160 million ($146 million) to woo high-stakes bettors to Star City in Sydney with new luxury suites, private gambling rooms and its first two jet planes.
Adam Foster ’s annual wine production of 2,500 cases is a fraction of the sales of Foster’s Group Ltd. , the world’s second-largest producer. Yet it’s a factor in breaking up the rival he shares a name with.
Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, posted a 9.6 percent fall in third-quarter earnings on costs to retain domestic customers and a slump at its Bharti Airtel Ltd. unit in India.
Singapore Telecommunications Ltd. , Southeast Asia’s biggest phone company, said fourth-quarter profit fell 2.3 percent on lower contributions from partners in India and Indonesia and slowing growth at home.