Tag: slumps

IRON ore futures declined to their lowest level in nearly two months on Friday (Nov 15) and fell for the ...

SEMICONDUCTOR manufacturer UMS Integration on Friday (Nov 8) reported a 32 per cent decline in profit to S$10.4 million for ...

RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling ...

VOLKSWAGEN’S Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending in China ...

BP POSTED a 30 per cent drop in third-quarter profit to US$2.3 billion – the lowest in almost four years ...

FEDEX cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer demand for ...

Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China’s economic ...

Chinese consumers are turning to brands with higher levels of desirability or exclusivity, Barclays analysts say FRENCH fashion designer Kering ...

NEW car sales in the European Union rose 0.2 per cent in July, slowed by declines in France and Germany, ...

LVMH-owned beauty retailer Sephora is cutting its workforce in China, the company said on Wednesday (Aug 21), as consumers curb their spending ...