EV truck maker Rivian is laying off hundreds amid a slowdown in demand
The electric truck and SUV company Rivian will lay off hundreds of employees in an attempt to save cash as ...
Tag: demand
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of S$905,582.87 ...
SGX securities trading volume surges 50.8% in September on stronger equities demand
The Singapore Exchange (SGX) reported a 50.8 per cent year-on-year rise in its securities turnover volume, as demand for local ...
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade ...
Nvidia to invest $100 billion in OpenAI to build data centers
Nvidia plans to invest $100 billion in OpenAI, giving the ChatGPT maker a huge war chest to build data centers ...
Oil gains weighed down by US demand worries
Oil prices rose on Friday (Sep 12) after a Ukrainian drone attack suspended loadings from the largest port in western ...
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector China’s credit growth ...
Lululemon’s woes mount on weak demand, Trump trade policies
Lululemon Athletica’s rough year continued as the once fast-growing apparel chain slashed its outlook on weakening demand and the Trump ...
Foxconn sees robust AI demand continuing after Q2 profit tops forecast
Foxconn expects higher third-quarter revenue, it said on Thursday (Aug 14), on robust demand for artificial intelligence servers, which helped ...
Japan 40-year bond auction sees weakest demand ratio since 2011
The sale comes after Japanese Prime Minister Shigeru Ishiba’s ruling coalition failed to win a majority in the upper house ...
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