Demand
P&G posts surprise sales drop as demand slows despite price controls
PROCTER & Gamble posted a surprise drop in fourth-quarter sales, as demand for its Charmin toilet paper and Pampers diapers slowed globally despite efforts to keep prices in check,...
SIA Engineering net profit rises 23% to S$33.2 million in Q1 on healthy MRO demand
AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) reported a net profit of S$33.2 million for its first quarter ended Jun 30. This was up 23 per cent from S$27...
AstraZeneca raises profit outlook on strong medicines demand
Anglo-Swedish drugmaker AstraZeneca raised its full year sales and profit forecast on Thursday (Jul 25) after beating analyst expectations for second-quarter revenue on strong demand for its cancer, rare...
LG Display shrinks quarterly loss on Apple, Olympics demand
SOUTH Korean flat-screen maker LG Display narrowed losses from a year earlier in the June quarter as shipments of new panels for client Apple and TV panels before the...
Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
KERING reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group works to revive its key label Gucci while facing subdued...
Texas Instruments beats quarterly profit estimates as chip demand turns steady
TEXAS Instruments (TI) beat analysts’ estimates for second-quarter profit on Tuesday (Jul 23), powered by stabilising demand for analog chips from markets such as personal electronics and lower manufacturing...
Europe’s biggest electric car battery maker mulls new products as demand wanes
Europe’s EV shift has faltered due to high prices and the removal of subsidies by a number of governmentsThe biggest producer of batteries for electric vehicles in Europe may...
Some investors demand change at LVMH after probe into Dior contractors
Europe’s top asset manager Amundi and other LVMH investors want the US$370 billion luxury behemoth controlled by billionaire Bernard Arnault to take more aggressive steps to monitor its suppliers’...
