Demand
China’s steel demand to fall below half of global consumption in 2024
CHINA will account for less than half of the world’s steel consumption in 2024 for the first time in six years as the decline in the country’s real estate...
Man Utd issue immediate response after Erik ten Hag sack demand during Brentford game
Manchester United fans took to social media to call for Erik ten Hag's head during the first half of their Premier League match with Brentford after watching them fall...
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
OIL futures fell on Friday (Oct 18), declining more than 7 per cent on the week after data showed China’s economic growth slowed and investors digested a mixed Middle...
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
Its Indian food business posts a 28% rise in quarterly revenue, as the company expands its distribution network into small towns and villagesINDIA’S Tata Consumer Products on Friday (Oct...
P&G misses quarterly sales estimates on weakening demand in US, China
PROCTER & Gamble missed Wall Street expectations for first-quarter sales on Friday (Oct 18), as consumers in its major markets, the US and China, switched to cheaper household and...
Volvo’s earnings drop as freight, construction demand wanes
VOLVO’S earnings have declined in the third quarter as the truckmaker struggled with slowing demand for heavy-duty rigs across most markets.Adjusted operating profit slipped to 14.1 billion Swedish kronor...
Amazon, Google tap into nuclear power to fuel data centers and AI push
Amazon on Wednesday announced plans to invest in nuclear power production to fuel its data centers with clean energy, a key part of the e-commerce giant’s push to expand...
IEA cuts 2024 oil demand growth view, sees surplus looming
THE International Energy Agency (IEA) on Tuesday (Oct 15) further cut its global oil demand growth forecast for this year citing weakness in China and said the market was...
