Business
Europe: Stocks pressured by rising bond yields, weak economic data
EUROPEAN stocks fell on Thursday as concerns over US fiscal health kept Treasury yields elevated, while data showing weak euro zone…
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weak
Business
Target Challenged by Tariffs, Weak Q1 Sales and Profit Miss
Target Corp.’s turnaround is taking time as the discount giant contends with changes both within and without. Not only is the company…
Business
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.…
Business
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up…
Unsorted
Oil prices ease as weak economic data offsets higher US winter storm heating demand
OIL prices eased in volatile trade on Monday (Jan 6) as some bearish economic news from the United States and Germany offset bullish…
Business
Japan Nov inflation likely accelerated, exports up on weak yen: Reuters poll
TOKYO (Reuters) - Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the…
Business
HP, Dell’s weak forecasts spark share sell-off, doubts over PC market recovery
SHARES of Dell and HP fell on Wednesday (Nov 27) after the personal computer makers issued forecasts that cast doubt on a market recovery…
Business
China Oct industrial profits narrow decline but demand remains weak
By Qiaoyi Li, Joe Cash and Liangping Gao BEIJING (Reuters) -China's October industrial profits narrowed their earlier declines, helped by…
Business
India’s Tata Motors posts surprise Q2 profit drop on weak sales
INDIA’S Tata Motors reported a surprise drop in second-quarter profit and its first revenue decline in 10 quarters on Friday (Nov 8), hurt…
Fashion
Richemont profit slumps on weak China demand for luxury watches
RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling demand in…
Business
Pinterest gives weak holiday forecast as it lags behind peers
PINTEREST fell in late trading after forecasting weak sales for the holiday quarter, a sign the search and discovery network is struggling…
Business
Honda still optimistic about sales despite weak second quarter
HONDA Motor raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares…
Business
Greenback rebounds against most major units after weak jobs data; traders eye US election
THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US…
Business
DHL cuts earnings outlook on weak B2B volumes
DHL cut its guidance for 2024 earnings before interest and taxes (Ebit) on Wednesday (Oct 30), citing continuously weak…
Business
Sinopec profits slump as oil refining suffers from weak economy
SINOPEC’s third-quarter profits contracted as China’s biggest oil refiner increasingly finds itself under pressure from the nation’s…
Business
Philips cuts annual sales outlook on weak demand from China
Royal Philips slashed its sales-growth forecast for the year as tepid demand from China weighs on the Dutch medical technology firm’s…
Business
Heineken third-quarter beer volumes hit by weak Americas
HEINEKEN reported worse-than-expected beer volumes due to declines in the Americas and Asia-Pacific as consumers failed to ramp up…
Business
Weak China demand puts brakes on Holiday Inn owner IHG in third quarter
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as weak demand…
Business
Reliance results: Weak O2C, Retail biz to keep shares sideways, say experts
5 min read Last Updated : Oct 15 2024 | 11:08 AM IST RIL, Reliance Industries results: Most brokerages have cut earnings estimates for…
Business
China leads Asian stocks lower on weak stimulus
CHINESE equities were standout underperformers in Asia on Wednesday (Oct 9) as traders weighed weak economic data and Beijing’s reluctance…
Business
Q2 result preview: O2C business may drag RIL to another weak quarter
Premium Signage for Reliance Industries Ltd. in Gujarat, India.Photographer: Dhiraj Singh/Bloomberg 2 min read Last Updated : Oct 09 2024…
Business
Hon Hai revenue growth rises as AI server demand offset weak iPhone sales
The latest iPhone hasn’t spurred as much demand as expected. | Photo: Bloomberg 3 min read Last Updated : Oct 05 2024 | 10:32 PM IST By…
Business
Stock Market LIVE Updates: GIFT Nifty, weak global cues signal likely slower open for Sensex, Nifty
Stock Market LIVE Updates, Friday, October 4, 2024: GIFT Nifty futures, trading around 50 points behind Nifty futures at 7:42 AM,…