Weak
Electrolux Q1 loss nearly triples on weak demand but beats expectations
Electrolux’s operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs...
Weak yen pressures Bank of Japan’s interest rate decision
THE weak yen is putting pressure on the Bank of Japan to tighten monetary policy, analysts say, although it is not expected to hike its main interest rate when...
Oil settles higher as weak US economic growth offset by supply concerns
OIL prices settled higher on Thursday on worries of supply disruptions in Middle East supply as Israel stepped up airstrikes on Gaza’s Rafah and on the US Treasury secretary’s comments...
Europe: Stocks retreat on earnings gloom, weak US economic data
EUROPEAN stocks dropped on Thursday, hit by bleak earnings from consumer giant Nestle and Dutch digital payments firm Adyen, while sentiment also took a hit following weak economic growth data...
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
SOUTH Korean battery firm LG Energy Solution (LGES) posted on Thursday (Apr 25) a 75 per cent drop in quarterly profit, hit by weakening demand from electric vehicle (EV)...
IBM falls on weak consulting sales, overshadowing HashiCorp deal
INTERNATIONAL Business Machines (IBM) dropped about 9 per cent in extended trading after the company’s weak consulting unit sales disappointed investors, overshadowing its acquisition of software firm HashiCorp.First-quarter sales...
UPS profit beats estimates as cost cuts offset weak delivery demand
UNITED Parcel Service reported first-quarter profit above estimates on Tuesday (Apr 23) as cost cuts partly offset subdued demand for small-package delivery, sending its shares up 3.5 per cent...
Syngenta to withdraw China IPO application on weak market: sources
SYNGENTA Group is planning to withdraw its application for a stock-market listing in Shanghai, according to people familiar with the matter.The Chinese-owned seed and pesticide giant may announce the...
