Audi Group profit slumps on China weakness, plant restructuring
VOLKSWAGEN’S Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending in China ...
Tag: weakness
Exxon’s US$8.6 billion profit beats as volume offsets price weakness
EXXON Mobil beat Wall Street’s third-quarter profit estimate on Friday (Nov 1), boosted by strong oil output in its first ...
Exxon’s US$8.6 billion profit beats estimate as volume offsets price weakness
EXXON Mobil beat Wall Street’s third-quarter profit estimate on Friday (Nov 1), boosted by strong oil output in its first ...
Apple disappoints investors with tepid forecast, China weakness
APPLE Inc, heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering ...
Porsche flags cost cuts as China weakness, slowing electric-vehicle shift hits profits
Luxury sportscar maker Porsche on Friday (Oct 25) warned it may cut costs after a slower-than-expected transition towards electric vehicles ...
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, ...
Swiss watch industry warns of weakness even as exports rise
SWISS watchmakers warned of a worsening outlook for the industry, even as exports rose last month on demand for expensive ...
Weakness in ferrous metal prices expected to persist amid China’s property, economic recovery woes
A sluggish Chinese economy has dampened the industrial metal markets, particularly the demand for iron and steelFERROUS metal prices are ...
WTI expected to show continued weakness
WEST Texas Intermediate (WTI) oil price edged lower on Aug 13, breaking a four-day streak of gains, as markets refocused ...
Food Empire H1 profit falls 11.3% to US$23.6 million on Russia market weakness
FOOD Empire posted a 11.3 per cent drop in net profit to US$23.6 million for its first half ended Jun ...
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