German carmaker mood darkens on slowing EV shift, China slump
GERMANY’S carmakers are growing gloomier about their prospects after a disappointing earnings season marked by waning electric vehicle (EV) sales ...
Tag: Slump
Apple supplier stocks slump after Berkshire nearly halves stake
THE shares of Apple’s suppliers slumped after Berkshire Hathaway nearly halved its stake in the iPhone maker. The decline came ...
Intel shares set for record 28% slump as turnaround struggle deepens
INTEL shares sank nearly 28 per cent on Friday and were set for their worst day ever after the company ...
Lufthansa sees earnings slump in third quarter as costs rise
LUFTHANSA warned of a fall in third-quarter earnings on Wednesday (Jul 31) as the German airlines group grapples with higher ...
Pinterest forecasts downbeat revenue as competition grows; shares slump
PINTEREST forecast current-quarter revenue below Wall Street expectations on Tuesday (Jul 30) as the image-sharing platform faces tough competition in ...
Big Tech stock slump amps up pressure to deliver on earnings
THE stakes were already elevated for technology giants heading into this earnings season. They just got a lot higher after ...
Nomura reshuffles Asia investment bank team, cuts jobs in slump
NOMURA Holdings is reshuffling its Asia investment-banking team and cutting jobs in an effort to reduce costs amid a deals ...
Swiss luxury watch market succumbs to a brutal China-led slump
SALES of Swiss-made luxury watches are in sharp retreat as nervous consumers reconsider splashing out on expensive timepieces and demand ...
Hawkish RBNZ seen unswayed by signs of deepening economic slump
NEW Zealand’s central bank will likely reiterate this week that interest rates need to stay high for a sustained period, ...
Tesla is running out of excuses for its prolonged sales slump
TESLA is expected to report another quarter of weaker sales, and it’s running out of alibis. Analysts are estimating the carmaker ...
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