Latest in China Oct industrial profits narrow decline but demand remains weak
Sort by
1,654 items
-
Tencent Profit Momentum Continues on Gaming Strength
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.Business - The Wall Street Journal - November 13 -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - November 14 -
JD.com Profit, Revenue Rise as Consumer Sentiment Improves
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.Business - The Wall Street Journal - November 14 -
NetEase's Profit Falls on Weaker Gaming Revenue
The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.Business - The Wall Street Journal - November 14 -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - November 14 -
Spectrum Brands’ stock slides as profit lags estimates
“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.Business - MarketWatch - November 15 -
Crackdown launched on child social care profiteering in England
Companies will be forced to disclose finances in bid to curb ‘excessive profits’ bankrupting councilsWorld - Financial Times - November 18 -
Hamas-linked security forces kneecap suspected profiteers in Gaza
Rampant aid theft prompts former authorities to attempt price controls and shoot rule-breakers as starvation loomsBusiness - Financial Times - November 19 -
Archer Daniels Midland Profit Plunges, Revenue Falls
Archer Daniels Midland said profit plunged in the third quarter, shortly after saying it would restate its 2023 filing with the Securities Exchange Commission, along with the first and second ...Business - The Wall Street Journal - November 18 -
Kuaishou Posts Profit, Revenue Growth, Meeting Estimates
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.Business - The Wall Street Journal - November 20 -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - November 20 -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - November 20
