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 ...
Tag: demand
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 ...
Singapore’s role as commodities hub increasingly crucial amid rising trade tensions, demand for compliance: market watchers
A dense network of global traders allows businesses to source from alternative markets directly from the Republic when neededAS GEOPOLITICAL ...
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
OIL futures fell on Friday (Oct 18), declining more than 7 per cent on the week after data showed China’s ...
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
Its Indian food business posts a 28% rise in quarterly revenue, as the company expands its distribution network into small ...
P&G misses quarterly sales estimates on weakening demand in US, China
PROCTER & Gamble missed Wall Street expectations for first-quarter sales on Friday (Oct 18), as consumers in its major markets, ...
Volvo’s earnings drop as freight, construction demand wanes
VOLVO’S earnings have declined in the third quarter as the truckmaker struggled with slowing demand for heavy-duty rigs across most ...
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