Tag

Slump

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PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers…

01.02.2025 by Swedan Margen

Chinese AI startup DeepSeek announced a temporary halt on user registrations following a large-scale cyberattack on its services. This…

28.01.2025 by Swedan Margen

TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand…

23.01.2025 by Kim Browne

ASIA’S private credit market faces diverse challenges in 2025 after fundraising dropped to an eight-year low and concerns over China’s…

19.01.2025 by Swedan Margen

BMW car sales slipped last year as a costly recall compounded a slump in demand in China that’s hit Germany’s automakers hard. Sales of…

13.01.2025 by Kim Browne

MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and…

10.01.2025 by Swedan Margen

JEFFERIES Financial Group’s profit soared on a rebound in mergers and acquisitions (M&A ) and a surge in equity-trading revenue, signs…

08.01.2025 by Swedan Margen

SHARES of South Korean budget carrier Jeju Air hit their lowest on record on Monday (Dec 30), after the country’s deadliest air crash…

29.12.2024 by Kim Browne

Thousands of Stellantis workers went on strike Friday and protested in Rome over temporary layoffs and production stoppages by the maker…

Sales of new cars plummeted in Germany in August, official data showed Wednesday, dragged down by a record fall in demand for electric…