Comcast Sees Q1 Profit Dip On Cable, Ad Revenue
Comcast said first-quarter net income fell 12.5% as revenue from its bedrock cable business dipped and ad revenue from its NBCUniversal revenue networks fell. The Philadelphia owner of…
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Nissan sees 750 billion yen loss as restructuring charges mount
Nissan Motor said it will post a net loss of as much as 750 billion yen (S$6.9 billion) for the fiscal year that ended in March as restructuring charges weigh on the struggling Japanese…
Deutsche Bank sees more China clients moving out of US assets
The outlook for European markets has improved due to Germany’s approval of a landmark spending package and scope for more interest-rate cuts by the European Central Bank Chinese…
Netflix Q1 Earnings Preview: Wall Street Expects Solid Results, Sees Stock as Safe Haven Amid Potential Economic Downturn
Netflix, which financial analysts have crowned the undisputed subscription-streaming leader, kicks off the media and entertainment sector’s Q1 earnings this week. Wall Street anticipates…
Hyundai CEO sees gradual rise in car prices easing tariff shock
Hyundai Motor’s top executive expects car prices to remain relatively steady over the coming months despite added costs from the escalating global trade war, as automakers try to maintain…
Frasers Property sees several senior management changes amid broader industry challenges in the UK: source
Several of Frasers Property’s senior management team will be leaving the company, including group chief operating officer (COO) Anthony Boyd and group chief digital officer Samuel Tan.…
SGX sees ‘robust’ IPO pipeline as Singapore explores ‘sweet spot’ to draw listings
The Republic could also attract regional firms seeking access to international markets, says the bourse’s head of global sales and origination SINGAPORE will need to find its “sweet spot”…
HP sees weaker profit on tariffs; will cut over 1,000 jobs
HP GAVE a profit outlook for the current quarter that fell short of expectations, citing the impact of rising component costs and tariffs on goods from China. Earnings, excluding some…
Pope Francis’ Critical Condition Sees Global Media Outlets Preparing to Descend Upon Rome
Global media outlets, including CNN, CBS and NBC, are getting ready to descend upon Rome and Vatican City following reports that Pope Francis is in critical condition. Logistical aspects…
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by…
European tech sector sees unexpected rebound on AI windfall
European technology giants are exceeding expectations this quarter, joining financial and healthcare companies as one of the reporting season’s best-performing segments. Buoyed by…
Tanger Sees Q4 Gains Across Several Metrics
Tanger, fueled by its ongoing strategy of tenant diversification, acquisitions and “robust” leasing activity, reported a strong fourth quarter and positive outlook for 2025. For the fourth…
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
PARIS – Kering posted better-than-expected sales in the fourth quarter despite the continued freefall of its star brand Gucci, and chief executive officer François-Henri Pinault believes…
E.l.f. Beauty Sees Strong Q3 Sales, but Adjusts Full-year Forecast After Soft January
E.l.f. Beauty surpassed Wall Street’s top-line forecasts in the third quarter, but lowered its full-year forecast on the back of a softer-than-expected January. Net sales increased 31…
Euro set for deeper decline as market sees more ECB cuts
Traders are ramping up bets for a deeper divergence between European and US interest rates, setting the euro on a clear path for further weakness. The currency fell to its lowest in nearly…
Sanofi plans 5 billion-euro buyback, sees higher profit growth
SANOFI said it will repurchase five billion euros (S$7 billion) of stock and grow profits more quickly this year as the drugmaker pivots away from consumer health to focus on fast-growing…
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US peer, as it expects sales growth to halve this…
Barclays sees heightened competition in India from Japan banks
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country…
Rolling hills are now barren: BBC sees destruction in cyclone-hit Mayotte
Landing over Petite-Terre, Mayotte's smaller island, the level of destruction from Cyclone Chido is immediately apparent. It's hard to exaggerate just how completely devastated the…
Germany sees hottest year on record in 2024, weather service says
The year 2024 is the hottest year on record in Germany since nationwide measurements began in 1881, the German Weather Service (DWD) said on Tuesday. The recording-setting temperatures…
Former Italian prime minister Draghi sees leadership vacuum in Europe
The former head of both the European Central Bank and the Italian government lamented on Monday over the "leadership vacuum" stemming from weakened leadership in France and Germany. "The…
RHB says Suntec Reit unitholders should reject S$1.16 offer, sees positives for the Reit
Offer price is a 44% discount to the Reit’s net asset value, says the research house RHB has recommended unitholders of Suntec Real Estate Investment Trust (Reit) to reject the mandatory…
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest…
Newsom wants $25 million to fight the Trump litigation he sees coming
State lawmakers will gavel in a special session Monday focused on a proposed $25-million litigation fund to respond to President-elect Donald Trump’s anticipated attacks on California…