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Tesla beats estimates with less-drastic drop in EV sales
TESLA reported its second consecutive drop in quarterly deliveries, despite measures chief executive officer Elon Musk took to stem the decline.
The carmaker said on Tuesday (Jul 2) that it...
H&M casts doubt over margin target as June sales drop, shares fall
H&M cast doubt over its full-year profit margin target on Thursday (Jun 27) after missing quarterly earnings forecasts and predicting a fall in June sales, sending shares in the...
Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows
FINANCIAL advisory fees from mergers and acquisitions (M&A) in Asia dropped to the lowest levels in 11 years in the first half of 2024, with little signs of a...
Bitcoin extends drop after one of crypto’s worst weeks of 2024
The cracks in crypto come amid doubts about the Federal Reserve’s scope to cut interest rates quickly from a two-decade highLosses are piling up in the crypto market after...
Dollar rises, pound, Swiss franc drop on busy central bank day
The dollar climbed on Thursday (Jun 20), while the Swiss franc and the pound dropped as a busy day of central bank meetings kept currency traders alert.The dollar index,...
Swiss watch exports drop in may as China slowdown persists
SWISS watch exports fell in May as a slowdown in demand for premium and luxury timepieces in China and Hong Kong continued.
Shipments dropped 2.2 per cent by value to...
Passenger car COE premiums bounce back after previous round’s drop
CERTIFICATE of Entitlement (COE) prices for the two passenger car categories in June’s second round of bidding have bounced back after a significant drop in the previous round.But unlike...
More worries for China, sales at big e-commerce festival drop for first time
SALES fell for the first time ever at China’s blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates...
