Lifestyle
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
FRENCH luxury group Kering reported a 10 per cent drop in first-quarter sales on Tuesday (Apr 23), dragged down by a slowdown at its star label Gucci, which suffered...
Heathrow faces further strike action in May from ground staff
ALMOST 800 workers at London’s Heathrow Airport will strike for a week in May over plans by the operator to outsource their jobs, the Unite union said. Workers will walk...
Boeing bid for Spirit AeroSystems hits snag over Airbus assets
BOEING’S plan to buy back supplier Spirit AeroSystems Holdings has become a protracted process over pricing for factories that make components for Airbus, complicating the US planemaker’s efforts to...
US: Wall St opens higher as more earnings roll in
WALL Street’s main indexes opened higher on Tuesday (Apr 23) as some growth and chip stocks gained, while investors digested a raft of quarterly earnings updates, ahead of reports...
Tesla to cut 400 jobs in Germany via voluntary programme
TESLA on Tuesday (Apr 23) said it was targeting 400 job cuts at its German gigafactory near Berlin, adding the plan was to achieve this through a voluntary programme...
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
THE yen hit multi-year lows against the dollar and the euro on Tuesday (Apr 23), keeping investors on heightened intervention watch ahead of this week’s Bank of Japan meeting,...
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
PEPSICO beat Wall Street expectations for first-quarter revenue on Tuesday (Apr 23) as demand held steady for the soda and snacks giant’s Tropicana juices and Cheetos in its international...
Singapore stocks extend gains on Tuesday led by banks; STI up 1.5%
SINGAPORE stocks extended gains on Tuesday (Apr 23), as local banks led gains on the benchmark Straits Times Index (STI).
The STI rose 1.5 per cent or 47.55 points to...
