LG Display shrinks quarterly loss on Apple, Olympics demand
SOUTH Korean flat-screen maker LG Display narrowed losses from a year earlier in the June quarter as shipments of new ...
Tag: demand
Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
KERING reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group works ...
IBM gets lift from software, AI demand as consulting slips
IBM beat analysts’ estimates for second-quarter revenue and raised its annual growth forecast for its software business on Wednesday (Jul ...
Texas Instruments beats quarterly profit estimates as chip demand turns steady
TEXAS Instruments (TI) beat analysts’ estimates for second-quarter profit on Tuesday (Jul 23), powered by stabilising demand for analog chips ...
Europe’s biggest electric car battery maker mulls new products as demand wanes
Europe’s EV shift has faltered due to high prices and the removal of subsidies by a number of governmentsThe biggest ...
Some investors demand change at LVMH after probe into Dior contractors
Europe’s top asset manager Amundi and other LVMH investors want the US$370 billion luxury behemoth controlled by billionaire Bernard Arnault ...
Coca-Cola raises annual sales, profit forecasts on steady demand
COCA-COLA raised its annual organic sales and profit forecasts on Tuesday (Jul 23), signalling consumers are willing to spend more ...
UPS misses quarterly estimates on high labour costs, weak small-package demand
UNITED Parcel Service (UPS) missed Wall Street estimates for second-quarter earnings on Tuesday (Jul 23), hurt by subdued package delivery ...
Air travel demand ‘normalising’ after Covid boom, execs say
DEMAND for air travel has normalised after a years-long boom following the Covid-19 pandemic as holidaymakers and travellers baulk at ...
Global power demand is surging on AI and aircon, IEA says
THE world’s demand for electricity in 2024 is set to grow at its fastest pace in years, but clean energy ...
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