Business
Gold continues record rally as trade war woes fuel safe-haven demand
Gold extended its record rally on Thursday (Apr 17) as investors sought refuge in safe-haven assets amid an intensifying global trade…
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Woes
Business
US: Stocks tank on tariff woes with S&P 500 suffering worst day since 2020
US stocks plunged on Thursday as traders reacted to Donald Trump’s sweeping tariff announcement a day earlier, with the broad-based S&P…
Business
Tesla to report sales as it faces Musk backlash, overseas delivery woes
With its showrooms vandalised, production lines paused and sales tanking overseas, Tesla has had a brutal start to 2025. The automaker is…
Business
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors…
Business
Volkswagen’s woes mount as workers prepare to strike across Germany
Tens of thousands of Volkswagen workers will participate Monday in strikes at plants across Germany, labor union IG Metall said, marking…
Business
WeWork gives up two Singapore prime locations in sign of co-working woes
WEWORK is giving up space in two prime locations in Singapore, underscoring the company’s challenges in one of its most promising markets.…
Business
German chemicals giant Bayer cuts key target amid weedkiller woes
GERMAN chemicals giant Bayer cut its forecast for 2024 operating earnings on Tuesday (Nov 12), after a poor performance in its…
Business
German parts maker Schaeffler to cut 4,700 jobs on auto woes
Schaeffler will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen and other German carmakers ripples…
Business
Australian lender ANZ launches structural overhaul amid regulatory woes
ANZ Group has unveiled an organisational overhaul, with an aim to streamline operations and enhance data analytics, the Australian lender…
Business
IBM posts soft revenue growth as consulting woes continue
INTERNATIONAL Business Machines (IBM) reported underwhelming sales as the company grapples with a slowdown in consulting demand. Sales…
Business
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
OIL futures fell on Friday (Oct 18), declining more than 7 per cent on the week after data showed China’s economic growth slowed and…
Business
China woes drag down Pernod Ricard first quarter sales
FRENCH spirits maker Pernod Ricard said it still expected to return to sales growth in the 2024/25 fiscal year, despite reporting a…
Business
Maldives president Muizzu to meet PM Modi amid growing economic woes
New Delhi: President Droupadi Murmu and Prime Minister Narendra Modi welcome Maldives President Mohamed Muizzu and his wife Sajidha…
Business
Taking stock of B'desh: Visa woes slow Petrapole border's road to normalcy
Premium A new cargo gate, Maitri Dwar, is expected to facilitate trade. (Photo: ISHITA AYAN DUTT) 4 min read Last Updated : Oct 03 2024 |…
Business
UK's JD Sports shrugs off Nike woes with multi-brand approach
Other labels such as Adidas, On and Hoka are helping the company outperform the market, chief executive says BRITISH sportswear retailer…
Business
Aston Martin plunges as supply woes prompt profit warning
SHARES of Aston Martin Lagonda Global plunged after the luxury sports-car maker lowered its guidance for the year, blaming supply chain…