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Latest in Smith & Nephew cuts outlook on China weakness

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  • Smith & Nephew cuts outlook on China weakness

    FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand
    World - Financial Times - 7 hours ago

  • STMicroelectronics Cuts Outlook Again on Continued Weak Demand

    STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.
    Business - The Wall Street Journal - 14 hours ago

  • Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

    Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.
    Business - The Wall Street Journal - 6 days ago

  • IMF warns on China's property market worsening as it cuts country's growth outlook

    In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
    Business - CNBC - October 23
  • UK borrowing costs hit highest level this year as gilt sell-off intensifies

    UK borrowing costs hit highest level this year as gilt sell-off intensifies

    Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget
    Business - Financial Times - 3 hours ago
  • Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

    Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

    German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market
    Business - Financial Times - 6 days ago

  • Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss

    The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.
    Business - The Wall Street Journal - October 22

  • Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay

    The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.
    Business - The Wall Street Journal - 5 hours ago
  • Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

    Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

    Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.
    Business - The New York Times - October 17

  • Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

    Procter & Gamble said volume fell in its Greater China market despite the earnings beat.
    Business - CNBC - October 18
  • Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

    Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

    Vice-president seeks to energise women voters as White House race against Donald Trump tightens
    Business - Financial Times - 5 days ago
  • Nasdaq hits record high as tech stocks rebound from summer sell-off

    Nasdaq hits record high as tech stocks rebound from summer sell-off

    Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet
    Business - Financial Times - 6 days ago

  • China's Top Oil Companies Turn in Mixed Results Amid Weak Demand

    State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.
    Business - The Wall Street Journal - 2 days ago

  • Philips shares slide as company blames China for lowered sales outlook

    Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.
    Business - MarketWatch - 3 days ago

  • McKinsey Cuts Hundreds From China Workforce

    The consulting firm is cutting back on state-linked clients and is working to separate its China operations
    Business - The Wall Street Journal - October 17

  • CVS cuts outlook yet again — while swapping out CEO for a company veteran

    “The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.
    Business - MarketWatch - October 18

  • China cuts benchmark lending rates by 25 basis points

    The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.
    Business - CNBC - October 21

  • China cuts interest rates in battle to hit year-end growth target

    Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth
    World - Financial Times - October 21

  • Investors pile into emerging-market funds that cut out China

    Demand for ‘ex-China’ strategies soar as tensions with west linger, despite recent stock rebound
    World - Financial Times - October 23
  • Estée Lauder shares plunge as China sales slump prompts dividend cut

    Estée Lauder shares plunge as China sales slump prompts dividend cut

    Beauty group’s stock drops 25% after guidance withdrawn for rest of year
    Business - Financial Times - 7 hours ago

  • Patriot — Alexei Navalny’s fight for a ‘beautiful Russia’, in his own words

    The memoir of Putin’s murdered opponent is a worthy testament to his courage, defiance and humour
    World - Financial Times - October 22

  • Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

    A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.
    Business - CNBC - 6 days ago

  • Man survives 67 days at sea but his brother and nephew died

    In early August, Mikhail Pichugin reportedly set on a journey to watch whales in the Sea of Okhotsk with his 49-year-old brother and 15-year-old nephew.
    Top stories - CBS News - October 15

  • Man descibes surviving 67 days at sea after brother, nephew died

    Mikhail Pichugin's brother and nephew died, and he tied their bodies to the boat to prevent them from being washed away.
    Top stories - CBS News - October 17
  • 'My nephews died in tanker blast trying to stop petrol scoopers'

    'My nephews died in tanker blast trying to stop petrol scoopers'

    World - Yahoo News - October 18

  • Maps show NOAA's winter outlook

    NOAA has released its seasonal outlook for the 2024-25 winter months, which predicts the U.S. will slowly transition into a La Niña pattern.
    Top stories - CBS News - October 18
  • After 67 days adrift, a Russian man was rescued but his brother and nephew are dead

    After 67 days adrift, a Russian man was rescued but his brother and nephew are dead

    World - Yahoo News - October 15
  • After 67 days adrift, a Russian man was rescued but his brother and nephew are dead

    After 67 days adrift, a Russian man was rescued but his brother and nephew are dead

    A Russian man has been rescued in the Sea of Okhotsk after surviving for two months in an inflatable boat that lost its engine, but his brother and nephew have died
    World - ABC News - October 15
  • Harris Suggests Trump Is ‘Weak and Unstable’ in Pointed Challenge

    Harris Suggests Trump Is ‘Weak and Unstable’ in Pointed Challenge

    Kamala Harris asked why Donald J. Trump had not released his medical records, appeared on “60 Minutes” or agreed to a second debate.
    Top stories - The New York Times - October 14
  • UK to consult on ‘opt-out’ AI content scraping in blow to publishers

    UK to consult on ‘opt-out’ AI content scraping in blow to publishers

    Decision follows months of lobbying from tech sector and creative industries
    Business - Financial Times - October 16
  • Lebanon feels it is being punished for a decision Hizbollah made

    Lebanon feels it is being punished for a decision Hizbollah made

    Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustain
    Business - Financial Times - October 16
  • L’Oréal sales disappoint due to weak Chinese demand

    L’Oréal sales disappoint due to weak Chinese demand

    Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent
    Business - Financial Times - October 22
  • Germany Avoids Recession, but Weak Growth Weighs on Europe

    Germany Avoids Recession, but Weak Growth Weighs on Europe

    The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.
    Top stories - The New York Times - Yesterday

  • Microsoft dips on weak guidance after beating on earnings

    Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.
    Business - CNBC - 22 hours ago

  • Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

    The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.
    Business - The Wall Street Journal - 14 hours ago
  • Women's Footballer of the Year contender Smith

    Women's Footballer of the Year contender Smith

    BBC Sport profiles Portland Thorns and United States forward Sophia Smith, one of five nominees for the BBC Women's Footballer of the Year 2024 award.
    Top stories - BBC News - October 15
  • Trump’s Behavior at the Al Smith Dinner

    Trump’s Behavior at the Al Smith Dinner

    Readers respond to a Maureen Dowd column and a Campaign Notebook. Also: The need to vote; the education crisis; dead trees; Juan Soto’s magic.
    Top stories - The New York Times - October 21
  • Is Smith England's next number three?

    Is Smith England's next number three?

    Jamie Smith is proving to be England's man for a crisis, while Ollie Pope is struggling to avoid a crisis of his own, writes Stephan Shemilt.
    Top stories - BBC News - October 24
  • Martin Rowson on a parlous outlook for the UN – cartoon

    Martin Rowson on a parlous outlook for the UN – cartoon

    Continue reading...
    World - The Guardian - October 15
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Topics
  • Smith Nephew Cuts
  • Nephew Cuts Outlook
  • Cuts Outlook China
  • Outlook China Weakness
  • Smith Nephew
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