Asml Forecasts Semiconductor Rebound
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Singapore Airlines Posts Record Annual Profit on North Asia Rebound
Singapore’s flag carrier attributed the increase in profit to air travel demand boosted by a rebound in North Asia, with China, Hong Kong, Japan and Taiwan fully reopening their borders.The Wall Street Journal - World -
Rheinmetall Misses Forecasts in Slow Quarter
Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other military equipment.The Wall Street Journal - World -
Rheinmetall Misses Forecasts in Slow Quarter
Rheinmetall posted sales and earnings below expectations for the first quarter, but confirmed its annual guidance as governments continued to place orders for ammunition, air-defense systems and other military equipment.The Wall Street Journal - Business -
FirstFT: US piles tariffs on to Chinese EVs and semiconductors
Also in today’s newsletter, BlackRock closes in on Bitcoin crown, and US accounting leaders agree to lower bar for recruitsFinancial Times - World -
IEA lowers 2024 oil-demand forecast
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.MarketWatch - Business -
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US sharply raises tariffs on Chinese EVs and semiconductor imports
Action designed to protect American jobs as Joe Biden campaigns for votes across rustbeltFinancial Times - World