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Covestro lowers upper end of 2024 profit target on tougher economy
Reuters via Yahoo Singapore Finance· 1 hour agoIn June, Covestro said it was stepping up talks with ADNOC after the Emirati energy company made an...
Clariant hikes margin target on strong half-year performance
Reuters via Yahoo Singapore Finance· 1 hour agoIt reported an EBITDA margin of 16.4% for the first half of the year. While the inflationary...
Dialysis specialist FMC's Q2 profit meets expectations
Reuters via Yahoo Singapore Finance· 1 hour agoSavings from its FME 25 cost-cutting programme helped offset the inflationary pressure, it said. The...
Universal Music Group shares drop 30% as streaming growth disappoints
Reuters via Yahoo Singapore Finance· 5 days ago"The speed and quantum of the slowdown in subscription revenues caught the company and analysts by...
Acerinox says economic concerns cloud steel demand recovery in Europe
Reuters via Yahoo Singapore Finance· 6 days ago(Reuters) -Spanish steelmaker Acerinox said on Wednesday that visibility would remain poor across...
Cost savings drive Philips' profit beat, flags insurance payout
Reuters via Yahoo Singapore Finance· 1 day ago(Reuters) -Philips reported second-quarter results that exceeded analysts' expectations on Monday...
Swedish steelmaker SSAB's profit slumps, warns of slow Q3
Reuters via Yahoo Singapore Finance· 6 days ago(Reuters) -Swedish steelmaker SSAB expects a steeper than usual demand decline in the third quarter, it said on Wednesday, after its second-quarter operating profit slumped 40% on lower U.S.
Forvia trims outlook on low auto demand, eyes deals with Chinese carmakers
Reuters via Yahoo Singapore Finance· 6 days agoForvia, the world's seventh largest car parts supplier by revenue, cut its sales and margin forecasts on Wednesday due to sluggish global auto demand and a dispute with a supplier for its Mexican ...
Accor says positive travel trends to drive 4-5% room revenue growth in 2024
Reuters via Yahoo Singapore Finance· 5 days ago(Reuters) -Europe's biggest hotel group Accor said on Thursday it expects its revenue per available...
Finland's Neste cuts margin target again as biofuel prices fall
Reuters via Yahoo Singapore Finance· 5 days agoNeste, which has invested heavily in biofuel production from waste and residue, said it expects the...