Gucci-owner Kering posts 16% fall in Q3 sales on weak China demand
FRENCH luxury goods group Kering warned on Wednesday its full-year operating income would almost halve after reporting a larger-than-expected drop ...
Tag: demand
Coca-Cola sees boost to 2024 revenue from rising soda demand in US
COCA-COLA is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its ...
L’Oreal sales hurt by deepening demand slowdown in China
L’OREAL posted disappointing sales last quarter as the beauty company suffers from worsening consumer demand in China.Like-for-like sales in North ...
Texas Instruments forecasts fourth-quarter below estimates on weak chip demand in industrial markets
TEXAS Instruments (TI) forecast fourth-quarter revenue and profit below estimates on Tuesday (Oct 22) as the chipmaker navigates a buildup ...
3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company3M Co raised the ...
Moody’s raises full-year profit forecast above estimates on strong product demand
RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent ...
Weak China demand puts brakes on Holiday Inn owner IHG in third quarter
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as ...
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, ...
China’s steel demand has shrunk to less than half global total
CHINA will account for less than half of global steel consumption in 2024 for the first time in six years, ...
China’s steel demand to fall below half of global consumption in 2024
CHINA will account for less than half of the world’s steel consumption in 2024 for the first time in six ...
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