Business
Colombia economy set for first quarter slowdown, with 2.2% growth
BOGOTA, May 8 (Reuters) - Colombia's economy likely slowed its growth rate during the first quarter of the year, amid uneven performance…
Tag
Slowdown
Unsorted
Global EV sales hampered by China, US slowdown in January
AL EV registrations fell 3 per cent in January as the introduction of a purchase tax and lower EV subsidies in China and policy changes in…
Business
Coinbase posts surprise loss on crypto trading slowdown
Its transaction revenue fell to US$982.7 million in Q4, from US$1.56 billion a year earlier BASE posted a surprise quarterly loss on…
Business
Tesla’s China-made EV sales extend gains despite industry slowdown
Deliveries of Model 3 and Model Y made at Shanghai plant are up 9.3% from a year-ago period Tesla’s China-made electric vehicle sales rose…
Business
McKinsey plots thousands of job cuts in slowdown for consulting industry
The firm’s revenue growth has flatlined in the last five years, leading to a reset after rapid hiring over the prior decade As McKinsey…
Business
STI slips 0.4% amid fears of US economy slowdown
Across the broader market, decliners edge out gainers 259 to 256 after nearly 1.6 billion securities worth S$1.3 billion change hands The…
Business
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property…
Business
Ugg Season Is Here, But Some Market Watchers Are Concerned About the Brand’s DTC Slowdown
After several years of upward momentum, some analysts are growing concerned about Ugg and Hoka parent company Deckers Brands after its…
Unsorted
EV truck maker Rivian is laying off hundreds amid a slowdown in demand
The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as federal support for electric…
Business
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter…
Business
UK jobs market slowdown shows signs of easing before budget
Wage growth in the private sector slowed to 4.4% in the three months through August The UK labour market showed further signs of…
Business
Bank of Japan to keep interest rates steady as tariff, US slowdown risks loom
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can…
Business
Europe: Stocks retreat at close as weak US payrolls stoke slowdown fears
European stocks surrendered early gains to finish lower on Friday (Sep 5), dragged by energy and financial shares, as investors turned…
Business
Xiaomi’s US$120 billion gain faces scrutiny on smartphone slowdown
Investors anxiously await an earnings report from Xiaomi, following a rally that has driven its market value up US$120 billion in the past…
Business
Stocks Fall Worldwide Amid Tariff Concerns and U.S. Economic Slowdown
Global stock markets declined on Wednesday, as traders' fears about the U.S. and global economy worsened. The Dow was down a tad, the S&P…
Beauty
L’Oreal sales disappoint on slowdown in Europe, North Asia
L’Oreal’s sales missed expectations in the second quarter as the French beauty-products company faced weaker demand in North Asia and a…
Business
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest…
Business
Russia holds key rate at two-decade high despite slowdown fears
Economists have warned the Russian economy is showing signs of slowing down (Natalia KOLESNIKOVA) Russia's central bank kept borrowing…
Business
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck…
Business
Japan's Nikkei down nearly 4% on slowdown fears as US tariffs kick in
Japan’s Nikkei share average slipped on Wednesday (Apr 9), ending nearly 4 per cent lower in a broad sell-off, as traders gauged concerns…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as US President…
Business
Can Hailey Bieber Break Beauty’s M&A Slowdown?
Can Hailey Bieber break the beauty M&A curse? Sources have confirmed to WWD that her beauty brand Rhode has hired J.P. Morgan and Moelis…
Business
Giglio.com Feels Luxury Slowdown in 2024, Inches Closer to Breakeven
MILAN – Italy’s Giglio.com was not immune to the slowdown in luxury spending las year. Amid an iffy outlook for luxury players and many of…
Business
Diesel, Maison Margiela, DTC Offset China, Wholesale 2024 Slowdown at OTB
MILAN — Several changes have been taking place within the OTB Group over the last year and in early 2025, and chief executive officer…