Weak
eBay forecasts quarterly revenue below expectations on weak demand
E-COMMERCE firm eBay forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such as collector’s items and refurbished goods, sending its shares down 7...
Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss
BEYOND Meat forecast annual revenue below estimates on Wednesday, as the faux meat products maker faces persistent demand weakness amid sticky inflation.Beyond Meat has been losing steam it garnered...
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.The decline was due to the absence of...
L’Oreal sales miss estimates as China demand remains weak
L’OREAL’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in China.Sales overall rose 2.5 per cent on...
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up spending to support artificial intelligence (AI) services.Operating income will...
China’s new loans post first drop in 13 years on weak demand
NEW loans extended by Chinese banks posted their first decline since 2011 last year, underscoring weak demand for financing in the economy plagued by lingering deflation and a housing...
Oil prices ease as weak economic data offsets higher US winter storm heating demand
OIL prices eased in volatile trade on Monday (Jan 6) as some bearish economic news from the United States and Germany offset bullish support from a weaker US dollar...
Letters, Dec. 22, 2024: ‘Weak leader has Canada in weak position’
Breadcrumb Trail LinksNewsCanadaOpinionLettersPublished Dec 22, 2024 • Last updated 43 minutes ago • 2 minute read You can save this article by registering for free here. Or sign-in if you...