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PARIS — The cost of maintaining production capacities and jobs without asking for subsidies for reduced hours is clear at the Swatch Group, which published 2025 figures on Friday. The…
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets Porsche’s deliveries fell 10 per cent last year, following weak demand for electric…
Several senior loan bankers at Mizuho Financial Group and Sumitomo Mitsui Banking Corp. have left their roles in Asia, amid a slump in lending across the region that’s already prompted…
A big drop in demand will hurt battery makers including Contemporary Amperex Technology Ltd and EVE Energy Demand for Chinese lithium batteries will likely slump in early 2026 due to an…
PARIS – It’s the darker months of the year, including for Swiss watch exports. Shipments from the country fell 7.3 percent to 2.2 billion Swiss francs in November, according to tallies…
Palm oil stockpiles in Malaysia surged to the highest in more than six years as exports dropped in November, according to a survey. Inventories jumped 10 per cent from a month earlier to…
Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday (Dec 1) after China’s central bank vowed to crack down on virtual currencies and flagged concerns about…
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when the central bank appeared to ease up on the firm…
A frenzied, artificial intelligence (AI)-fuelled rally in Oracle stock briefly made Larry Ellison the world’s richest person in September. But a prolonged slump since then has seen the…
Josh Hutcherson was trying get the hell out of Los Angeles. For the better part of a decade, the “Hunger Games” star and his girlfriend, Spanish actor Claudia Traisac, had split their time…
Kering released its third-quarter 2025 financial results on Thursday, showing it reduced the slump it had seen in the previous quarter. The French luxury goods house, which owns brands…
Vietnam’s main stock index fell to its lowest closing level in a month on Monday (Oct 20) after state media reported the results of a government agency’s investigation into alleged…
The stock has more than tripled in price from its April low, boosted by optimism over its role as maker of components for artificial-intelligence data centres Delta Electronics (Thailand)…
The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track Porsche’s sales in China fell 21 per cent during the third quarter, as…
Most U.S. stocks are rising Friday after a report showed that inflation is behaving roughly as economists expected, even if it’s still high. The S&P 500 added 0.2%, as four out of every…
Economic uncertainty from tariffs and trade wars heightened liquidity needs, just four years after private equity’s fundraising peak For over 20 years, Indonesian private equity (PE) firm…
PARIS — Swiss watch exports cooled significantly in August. Shipments of wristwatches fell 16.4 percent, reaching 1.57 billion Swiss francs or $1.98 billion, and over 13 percent in units…
Expectations of central bank support have been building as a surge in Chinese stocks has weighed on the debt market The Chinese bond sell-off that drove benchmark yields to the highest…
Shares of GuocoLand tumbled by close to 3 per cent on Friday (Aug 29) morning following the announcement of its net profit for the second-half ended Jun 30 falling 48 per cent to S$32.4…
British motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources. Tesla has been…
The industry is also exposed to the government’s supply-side reforms, and further declines are likely as producers are required to shrink capacity to better align with demand Few…
ISH motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources. Tesla…
Each January, we set lofty resolutions for ourselves: increasing our output, landing that promotion, and negotiating a raise. Then progress stalls, motivation dips, and those big goals…
BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling sales in key market China and US tariffs. Net…
