Business
Airbus faces sprint to hit target after about 60 deliveries in August
Airbus needs to deliver planes at a record pace to reach its annual target after delivering about 60 aircraft in August, industry sources…
Tag
Hit
Business
US: Stocks advance as Dow Jones, S&P 500 hit fresh records
Two of Wall Street’s major indexes closed on Thursday at record highs, buoyed by an upward revision to second-quarter US... Source link
Business
Meta's Superintelligence Lab Hit by Wave of Exits Within Months of its Launch
Just two months after CEO Mark Zuckerberg opened Meta's Superintelligence Lab, the new division is already facing serious growing pains.…
Business
HP’s profit forecast suggests it can withstand tariff hit
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new…
Business
Lego Bets on Asia as sales hit record and market share climbs
After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market…
Business
Ransomware hack hit Orange telecom, data published on dark web
Telecommunications companies are attractive targets for hackers as they store valuable financial information on customers as well as…
Business
Japan's 30-year yields hit all-time high ahead of Powell speech
Japanese 30-year government bond yields climbed to a fresh all-time peak on Friday (Aug 22), tracking a rise in US Treasury yields as…
Business
Australia: Shares hit fresh high on mining and banks boost
AUSTRALIAN shares rose to a record high on Thursday, driven by miners and banks, while investors awaited US Federal Reserve Chair Jerome…
Business
Estee Lauder forecasts annual profit below estimates as tariffs hit
Estee’s organic net sales for the fourth quarter fell 13%, compared with an 8% rise a year ago Estee Lauder forecast annual profit below…
Business
China’s rare-earth magnet exports to US hit six-month high after trade deal
The Asian nation put export controls on the components, weaponising the nation’s 90% grip on global production to squeeze American…
Culture
The Nineteen-Thirties Novel That’s Become a Surprise Hit in the U.K.
The town of Schliersee, about an hour south of Munich in the Bavarian Alps, has long been a favored holiday retreat, both for summertime…
Business
Asian Stocks Hit Record High as Fed Meeting Looms; Oil Steady, Dollar Soft
Asian markets started the week strongly on Monday, supported by optimism over potential U.S. interest rate cuts. Japan's Nikkei added 0.9%…
Business
US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned…
Business
Philippine central bank governor confident inflation will hit 2% in 2025
The Philippine central bank is confident of achieving a 2 per cent inflation rate this year, the lower end of its 2 per cent to 4 per cent…
Unsorted
RFK’s War on Antidepressants Will Hit Postpartum Patients Hard
“It got to the point where I was just panicked, and my whole body hurt and ached from the stress. And I just broke down,” she said. She’d…
Business
SoftBank shares hit record high on AI prospects
Shares in SoftBank Group jumped more than 13 per cent to a record high on Friday (Aug 8) in a show of investor support for the Japanese…
Business
Sembcorp declares ‘shopping season’ with strong Singdollar, even as earnings take a hit
Sembcorp Industries wants to take advantage of the stronger Singapore dollar to go “shopping” for deals, even as the company’s shares…
Business
DBS shares hit all-time record after higher Q2 profit, nearing the S$50 mark
Shares of DBS soared to a record in early trade after the group posted marginally improved Q2 earnings before market open, nearing the…
Business
Elon Musk’s politics hit Tesla sales in Europe’s biggest car markets
Tesla’s new car registrations in Britain and Germany, Europe’s biggest auto markets, more than halved in July from a year earlier, as CEO…
Business
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on…
Business
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Business
BOJ warns US tariffs could hit firms' profits, delay capex plans
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the…
Business
US: S&P 500, Nasdaq hit record highs at open
The S&P 500 and the Nasdaq opened at record highs on Thursday (Jul 31), as blockbuster earnings from Meta and Microsoft signalled Big…
Business
Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse
Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, on Thursday (Jul 31) unveiled a net loss…