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SYDNEY: Fly me to the supermoon is the latest offering in airlines’ merry-go-round of flights to nowhere, with Qantas Airways Ltd promising a night of cosmic cocktails and cake aboard one of its Boeing Co 787 Dreamliners.
Temporary closure of hotels, restaurants the reason
Committed occupancy rate of 50% achieved to date
Higher costs may be passed on to consumers
NEW YORK: Krispy Kreme said it had confidentially filed with US regulators for an initial public offering (IPO), a move that would result in the doughnut chain’s return to the stock market five years after it was taken private.
PETALING JAYA: Nestle (M) Bhd’s capital expenditure (capex) of RM300mil for 2021 is set to be a new high for the food and beverage (F&B) company, as it plans to ramp up its production capabilities to meet export demand.
KUALA LUMPUR: Beverage maker Fraser & Neave Holdings Bhd posted improved revenue in the March quarter, but said higher commodity prices and shipping freight rates have impacted its profit margin.
KUALA LUMPUR: Nestle (Malaysia) Bhd is allocating a capex of RM300mil in 2021, its highest in seven years, to ramp up production capacity and upgrade technology as well as adopt state-of-the-art automation and digitalisation.