Opec cuts oil demand growth forecast, highlighting dilemma over Oct hike
OPEC on Monday (Aug 12) cut its forecast for global oil demand growth in 2024 citing softer expectations for China, ...
Tag: demand
TSMC sales grow 45% in July on strong AI chip demand
TAIWAN Semiconductor Manufacturing Co’s (TSMC) revenue rose 45 per cent in July, accelerating its pace of growth from the June ...
Gold rises more than 1% on safe-haven demand, Fed rate-cut optimism
GOLD prices rose more than 1 per cent on Thursday, supported by firm safe-haven demand and growing expectations for a ...
Deliveroo orders grow as demand picks up across markets
DELIVEROO said the value of customer orders grew in the first half and that earnings for the year will be ...
Tokyo Electron ups forecast after AI demand helps sales beat
TOKYO Electron raised its profit forecast for the fiscal year to March after reporting a better-than-expected surge in sales. The Japanese ...
China’s July rare earths exports up as regulatory uncertainty spurs demand
CHINA’S exports of rare earth minerals rose 2.24 per cent in July from June, customs data showed on Wednesday (Aug ...
Hilton lifts 2024 profit forecast on international travel demand
HOTEL operator Hilton Worldwide raised its forecast for 2024 profit on Wednesday (Aug 7), banking on international travel demand to ...
Hilton lifts profit view as international travel offsets weak US demand
HOTEL operator Hilton Worldwide raised its forecast for 2024 profit after beating second-quarter estimates on Wednesday (Aug 7) as robust ...
KFC parent Yum Brands sales fall as weak US demand persists
TACO Bell parent Yum Brands reported a bigger-than-expected fall on Tuesday (Aug 6) in same-store sales for the second quarter ...
Uber’s second-quarter revenue beats on ride-sharing demand
UBER beat Wall Street estimates for second-quarter revenue and core profit on Tuesday (Aug 6), helped by steady demand for ...
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