Swiss watch exports fall again amid plummeting demand in China
SWISS watch exports fell for a second straight month in October as a sharp drop in shipments to China offset ...
Tag: demand
Jardine Cycle & Carriage’s Indonesia, Vietnam Q3 earnings saddled by mushy consumer demand, weaker currencies
JARDINE Cycle & Carriage (JC&C) said on Wednesday (Nov 13) that its results for the first nine months of the ...
Opec again cuts 2024, 2025 oil demand growth forecasts
OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday ...
Infineon forecasts sales decline on sluggish car chip demand
INFINEON Technologies forecast revenue will decline in the 2025 fiscal year, missing analyst estimates, in a sign that demand from ...
Richemont profit slumps on weak China demand for luxury watches
RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling ...
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
RIVIAN said on Thursday (Nov 7) it was on track to turn a gross profit in the fourth quarter helped ...
Indonesia confident palm oil production can be increased to meet biofuel demand
INDONESIA’S chief economic minister said on Thursday (Nov 7) that he is confident palm oil production can be increased in ...
Tinder-parent Match forecasts quarterly revenue below estimates on weak demand
MATCH Group forecast fourth-quarter revenue below Wall Street estimates on Wednesday (Nov 6), a sign of weak demand for its ...
Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump
LYFT on Wednesday (Nov 6) forecast current-quarter gross bookings above estimates after posting upbeat quarterly sales, indicating steady demand for ...
Arm gives disappointing forecast in sign of sluggish chip demand
ARM Holdings, the chip designer that went public last year, gave a disappointing sales forecast for the current period, signalling ...
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