Annual
China unleashes stimulus blitz in push to hit annual growth goal
CHINA’S central bank unleashed a blitz of policy support for the economy, as policymakers make their broadest push so far to hit this year’s annual growth target of about...
Electronic Arts confident about annual bookings, announces new ‘Battlefield’ title
VIDEOGAME publisher Electronic Arts (EA) said it expects to achieve the high end of its annual bookings forecast and unveiled the next instalment of its multi-player shooter game Battlefield...
BYD lifts annual sales target to four million EVs, plug-in hybrids
CHINESE electric-vehicle (EV) maker BYD has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles.The Shenzhen-based EV giant has lifted its annual target...
Hewlett Packard Enterprise raises annual profit forecast on AI strength
HEWLETT Packard Enterprise (HPE) raised its annual profit forecast on Wednesday (Sep 4), as demand for artificial intelligence (AI) servers continues to pick up owing to higher investments in...
Goldman to cut a few hundred jobs in coming weeks in annual cull
GOLDMAN Sachs plans to dismiss a few hundred employees in coming weeks as part of the firm’s annual cull of low-performing staff, according to people familiar with the matter.The...
Country Garden delays 2023 annual results again
CHINA’S largest property developer Country Garden on Friday (Aug 30) further delayed the release of its 2023 financial results, as it needed more time amid an ongoing debt restructuring.The...
Australia’s Woolworths posts flat annual profit
WOOLWORTHS Group, Australia’s largest supermarket chain, reported a flat annual profit on Wednesday, as weak performance in its New Zealand Food and Big W divisions offset sales growth in...
Australia’s Coles beats annual profit view on strong supermarket sales
COLES, Australia’s second-largest grocer, posted its annual profit above analysts’ estimates on Tuesday, fuelled by strong sales at its supermarkets and improved inventory management that effectively mitigated theft-induced stock...