Philips Cuts Sales Growth Forecast Due to Slowdown in China
Daily NewsDutch medical device manufacturer Philips has revised its sales growth expectations for 2024 due to a decline in demand from China. The company reported a 2% decr...
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Dutch medical device manufacturer Philips has revised its sales growth expectations for 2024 due to a decline in demand from China. The company reported a 2% decr...
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Global companies are adapting to ongoing economic challenges in China by lowering prices and costs, downsizing operations, and altering strategies in response to ...
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Boeing Co. (NYSE:BA) is launching a capital raise strategy of over $15 billion today, according to a source familiar with the company's plans. This move comes in ...
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Eli Lilly and Company is preparing to launch its weight loss drug in Hong Kong, as reported Sunday, likely by the end of this year. The pharmaceutical giant has r...
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Brazilian airline Azul has reached a successful agreement with bondholders to secure additional financing. In a statement today, the company announced that it exp...
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Leading banking group BAWAG Group (BAWAG) has announced its Q3 2024 results. The group reported a net profit of €178 million, an earnings per share (EPS) of €2.25...
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Forex - President Recep Tayyip Erdoğan stated, "Despite all the uncertainties in the global economy, the increasing conflicts and tensions in our region, and the ...
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NEW YORK - JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon criticized a series of regulatory measures impacting the banking sector at a conference held on Monday....
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After a calm summer, the IPO market in Europe is regaining momentum. The Swedish real estate company Sveafastigheter is preparing to launch its IPO worth approxim...
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Meta Platforms Inc (NASDAQ:META) is in the process of developing its own AI-based search engine to distance itself from Alphabet Inc.'s Google (NASDAQ:GOOGL) and ...
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AT&T (NYSE:T) has signed a multi-year agreement worth $1 billion with Corning (NYSE:GLW) to purchase fiber, cable, and connectivity solutions. This move is part o...
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KB Financial Group (KBFG) reported a modest increase in cumulative net profit for the third quarter of 2024 compared to the previous year, but a decline in profit...
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Volkswagen AG (ETR:VOWG_p) is reportedly preparing to close at least three factories in Germany, according to a statement made today by the chairman of the compan...
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Federated Investors, Inc. (FHI) reported mixed financial performance in the third quarter earnings call. With significant contributions from money market and fixe...
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While the Swiss National Bank (SNB), which leads the interest rate cuts in developed countries, is expected to signal whether it will continue to cut interest rat...
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Philips (ticker: PHG) reported stable performance in its Q3 2024 Earnings Call, with CEO Roy Jakobs noting a solid improvement in profitability despite flat sales...
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Comfort Systems USA (NYSE: FIX), a leading provider of mechanical and electrical construction services, reported a significant increase in earnings for the third ...
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Italian multinational oil and gas company Eni SpA (ENI.MI) reported a strong third quarter performance, demonstrating strategic resilience in the face of volatile...
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According to a consensus forecast from 72 economists, the Bank of England (BoE) is expected to lower the Bank Rate by a quarter point to 4.75% on November 7. This...
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Portland General Electric Company (POR) announced a significant increase in GAAP net income for the third quarter of 2024. The company’s net income reached $94 mi...
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LONDON - Plus500, a fintech group specializing in trading platforms, reported an 11% increase in revenue, reaching $187.3 million in the third quarter of 2024 com...
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