Lifestyle
Visa results beat expectations on strong consumer spending trends
VISA sailed past Wall Street estimates for second-quarter profit and revenue on Tuesday (Apr 23), as consumers shrugged off worries of a slowing economy and high interest rates to...
Oil rises as dollar slips, focus shifts to economic data
OIL prices rose by more than US$1 a barrel on Tuesday as the US dollar index fell to its lowest level in more than a week and investors shifted their...
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...