Demand
KFC parent Yum reports surprise drop in global same-store sales on weak demand
YUM Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United...
Pfizer lifts 2024 profit view on cost cuts, higher Covid vaccine demand
PFIZER lifted its annual profit forecast on Wednesday (May 1), banking on cost cuts and better-than-expected demand for its Covid antiviral treatment and vaccine.The US drugmaker’s shares rose nearly...
Abu Dhabi wealth fund ADQ attracts strong demand for 2-part bond issue
ABU Dhabi sovereign wealth fund ADQ attracted strong appetite for its inaugural dollar-denominated bond sale, to be sold in two tranches, allowing it to tighten price guidance ahead of...
Electrolux Q1 loss nearly triples on weak demand but beats expectations
Electrolux’s operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs...
India rice prices at three-month low on shrinking demand
TOP exporter India’s rice export prices fell to their lowest level in more than three months this week on subdued demand and ample supplies, while Thailand’s prices remained largely...
Toyota hits record annual output, sales on robust demand
TOYOTA Motor said on Thursday (Apr 25) its global sales and production hit record highs in the year ended Mar 31, supported by robust demand and the absence of...
Volvo Cars see good demand this year after higher Q1 unit sales
SWEDISH carmaker Volvo Cars said on Wednesday (Apr 24) it expects good demand for its vehicles this year after a rise in first-quarter unit sales, though operating earnings missed...
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
FRENCH luxury group Kering reported a 10 per cent drop in first-quarter sales on Tuesday (Apr 23), dragged down by a slowdown at its star label Gucci, which suffered...
