Whirlpool Cuts Guidance, Points to Weak Consumer Demand
Whirlpool Corp. shares tumbled after the Maytag owner trimmed its full-year profit outlook amid an uptick in promotions
2023-10-27 00:28
German Businesses Trim Investment Plans
German companies have cut their investment and hiring plans as they see no sign of a self-sustaining pickup
2023-10-26 16:21
Nomura Redraws China Strategy, Cuts Jobs After Losses Deepen
Nomura Holdings Inc. is overhauling its China business after losses there snowballed, reflecting setbacks to plans by Japan’s
2023-10-26 16:16
Philippines Announces Quarter-Point Rate Hike in Off-Cycle Move
The Philippine central bank resumed tightening monetary policy as it lifted its benchmark interest rate by 25 basis
2023-10-26 15:55
TotalEnergies’ Profit Rises on Higher Oil Prices, Refining
TotalEnergies SE’s third-quarter profit rebounded, ending a run of three consecutive declines as the French energy giant benefited
2023-10-26 15:45
Goldman Sachs Sees More Rate Hikes This Year in Philippines, Indonesia
Goldman Sachs Group Inc. expects more interest-rate hikes in the Philippines and Indonesia by year-end, revising its forecast
2023-10-26 15:29
Australia Is Struggling to Meet Its Agriculture Goals Amid Climate Chaos
Droughts and forest fires are among threats that may scupper Australia’s ambitions to bolster its farming industry into
2023-10-26 15:22
Unilever Rules Out Big M&A as New CEO Sets Out His Strategy
Unilever Plc ruled out any major acquisitions as new Chief Executive Officer Hein Schumacher set out a strategy
2023-10-26 15:19
Hyundai’s Profit Beats Estimates on Luxury Car and EV Growth
Hyundai Motor Co. reported third-quarter earnings that beat analyst forecasts thanks to strong sales of luxury models and
2023-10-26 14:27
Mercedes Sees Profit Margin Pressure on Costs, Weaker Demand
Mercedes-Benz Group AG sees car-making margins at the low end of its forecast this year due to rising
2023-10-26 14:25
Toyota CEO Sees EVs as ‘Missing Piece’ for World’s Top Carmaker
How’s this for a difficult job: taking over from the founder’s grandson, who led the family business to
2023-10-26 13:56
StanChart Profit Misses Estimates With China Impairments
Standard Chartered Plc’s profit missed estimates in the third quarter as the lender took charges related to investments
2023-10-26 13:55