Showing 31 - 40 of 252
Mercedes car earnings plunge by 64% as China shuns luxury
Reuters, Published on 25/10/2024
» WARSAW - German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy.
Netflix adds 5 million new customers, beating earnings targets
Reuters, Published on 18/10/2024
» LOS ANGELES - Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million, and said it expected higher customer growth around the holidays when Korean drama "Squid Game" returns.
Adverse weather boosts rubber prices to 13-year high
Reuters, Published on 16/10/2024
» SINGAPORE - Excessive monsoon rains following a drought in the world's top rubber producer Thailand and typhoon damage in No. 5 grower China are reducing output of the tyre-making material, dragging down production prospects and lifting prices to 13-year highs.
Oil prices rise on US storm, fears of Israel-Iran conflict
Reuters, Published on 10/10/2024
» SINGAPORE - Oil prices rose on Thursday underpinned by a spike in fuel demand as a major storm barreled into Florida and concerns about potential supply disruptions in the Middle East amid heightened tensions between Israel and major oil producer Iran.
Myanmar and South China Sea to test Asean relevance in summit
Reuters, Published on 08/10/2024
» VIENTIANE - Southeast Asian leaders will meet in Laos this week as Myanmar's civil war and mounting tensions in the South China Sea risk corroding the Association of Southeast Asian Nations (Asean) grouping's central role in the region.
BoT governor, finance minister to discuss inflation
Reuters, Published on 30/08/2024
» Thailand's central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official said, as the government seeks a new goal with an eye on a rate cut that it has pushed for months.
Thai growth quickens in Q2 on higher consumption, tourism
Reuters, Published on 19/08/2024
» Thai economic growth strengthened in the second quarter due to increases in consumption, tourism and exports, official data showed on Monday, and the government narrowed its full-year growth forecast range.
Factory output falls more than forecast as car output slumps
Reuters, Published on 31/07/2024
» Thailand's manufacturing production index dropped 1.71% in June from a year earlier due mainly to lower car production and higher energy costs, the Industry Ministry said on Wednesday, missing analysts' expectations.
Exports fall for first time in 3 months, weaker than expected
Reuters, Published on 26/07/2024
» Thai exports fell for the first time in three months in June due to slowing agriculture and food sales, the Commerce Ministry said on Friday, adding that it still expected exports to grow overall in 2024.
CrowdStrike shares tumble 13% on IT outage impact
Reuters, Published on 22/07/2024
» Shares of CrowdStrike plunged 13% on Monday, extending their loss-making streak, after Wall Street analysts downgraded the stock on concerns over the financial fallout from a global cyber outage last week.