demand
Burger King parent Restaurant Brands misses sales estimates on muted demand
RESTAURANT Brands missed estimates for quarterly revenue on Tuesday (Nov 5) due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China...
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhonesApple’s major manufacturing partner Hon Hai Precision Industry reported its slowest monthly sales growth since February, stoking...
Marriott trims 2024 profit forecast on sluggish China domestic travel demand
MARRIOTT International cut its annual profit forecast on Monday (Nov 4) as weak domestic travel in China overshadows strong group and international demand, sending its shares down 3.4 per...
Malaysia’s Petronas to halt local NGV fuel supply next year on declining demand
Malaysia state energy firm Petronas will halt the domestic retail supply and sale of natural gas for vehicles by July next year due to declining demand and to ensure...
India to revamp power demand forecasting for better planning
INDIA is overhauling the way it forecasts electricity demand to ensure generation capacity matches what’s needed and the grid remains stable with increasing volumes of clean energy. The government’s...
Australian lender Westpac sees solid credit demand in 2025, posts 3% annual profit fall
AUSTRALIA’S Westpac Banking on Monday (Nov 4) reported a fall in annual profit, and said it expects solid demand for housing and business credit in 2025 as the country’s...