Sales
Zara owner Inditex boosted by pick-up in Spring sales
ZARA owner Inditex reported a pick-up in recent sales from its Spring/Summer collections, boosting its shares on Wednesday (Jun 5) as the world’s top fashion retailer delivered quarterly results...
Singapore retail sales miss forecasts with reversal into 1.2% decline in April
SINGAPORE’S retail sales fell 1.2 per cent year on year in April, reversing from the 2.8 per cent growth posted in the month before, with most industries recording declines...
Singapore April retail sales miss forecasts, fall 1.2%
SINGAPORE’S retail sales fell 1.2 per cent year on year in April, reversing from the 2.8 per cent growth posted in the month before, with most industries recording declines...
HPE reports sales that top estimates on boost from AI servers
HEWLETT Packard Enterprise (HPE) reported revenue that beat analysts’ estimates on a big jump in sales of servers built to handle artificial intelligence (AI) work. The shares rose in...
Tesla’s China-made EV sales extend decline in May amid output cut
SALES of Tesla’s China-made electric vehicles dropped 6.6 per cent from a year earlier to 72,573 units in May, extending a year-on-year decline for a second month, data from...
Toyota halts sales of three cars as Japan safety scandal deepens
Japan suspended the delivery and sales of six vehicles currently on the road, including three manufactured by Toyota Motor, escalating a safety scandal that’s embroiled some of the world’s...
Chinese EV makers defy industry slump as price cuts boost sales
PRICE cuts and new models helped Chinese electric vehicle (EV) makers, including BYD and Nio, continue to grow sales in May even as the overall market for passenger cars...
Michael Dell’s wealth falls most ever as sales disappoint
MICHAEL Dell’s wealth tumbled the most in a single day after the computer company he founded posted results that disappointed investors.Dell’s net worth dropped US$11.7 billion to US$107.1 billion...
