Opec cuts 2024 oil demand growth forecast, citing China
OPEC on Monday (Aug 12) cut its forecast for global oil demand growth in 2024, citing weaker than expected data ...
Tag: Cuts
Opec cuts oil demand growth forecast, highlighting dilemma over Oct hike
OPEC on Monday (Aug 12) cut its forecast for global oil demand growth in 2024 citing softer expectations for China, ...
Singapore banks keep guard against rate cuts, market volatility in Q2, but expect to remain strong
They have taken various measures to reduce their interest rate sensitivity, lower funding costs, and ensure enough capitalSINGAPORE banks continue ...
Dell cuts workers in sales team reorganisation with new AI-focused unit
DELL Technologies is cutting jobs as part of a reorganisation of its sales teams that includes a new group focused ...
UK car industry body cuts 2024 sales forecast on weak EV demand
BRITAIN’S auto industry body cut its 2024 forecast for new car sales on Monday (Aug 5), saying weak private retail ...
OCBC looks to balance net interest income growth with NIM impact ahead of interest rate cuts
The bank’s Q2 net profit rises 14% to S$1.94 billion; the earnings are the second-strongest on recordAHEAD of cuts to ...
US dollar climbs after Fed decision while pound slides as BOE cuts rates
THE US dollar rallied on Thursday (Aug 1) after falling the previous day as central banks continued to roil currency ...
Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026
MODERNA on Thursday (Aug 1) cut its 2024 sales forecast for Covid-19 and respiratory syncytial virus vaccines by up to ...
Disney plans a new round of job cuts in its television operation
WALT Disney is planning a fresh round of job cuts in its TV division, part of an effort to reduce ...
Stellantis offers US employees buyouts in new round of job cuts
STELLANTIS will offer voluntary buyouts to United States employees as the carmaker looks to cut costs amid slumping profits.Non-unionised US ...
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