By Bingyan Wang Shares of Chinese electric-vehicle and battery makers fell Thursday amid worries that Beijing may further tighten pandemic-related curbs that are hurting a weakened auto industry. China’s Contemporary Read more
Tag: synd
Nintendo Cuts Forecast for Switch Console Sales for FY Ending March 2023
By Kosaku Narioka Nintendo Co. on Tuesday reported a 34% increase in its first-half net profit thanks to stronger sales of Switch software and a weaker yen, and raised its Read more
GSK Says Dreamm-3 Phase 3 Study For Blenrep Didn’t Meet Primary Endpoint
By Michael Susin GSK PLC said Monday that its Dreamm-3 Phase 3 study in patients with relapsed or refractory multiple myeloma didn’t meet its primary endpoint of progression-free survival. The Read more
Foxconn Cuts Fourth-Quarter Outlook as Covid Hits Ops in Zhengzhou
By Kosaku Narioka Foxconn Technology Group said Monday that it is revising down its outlook for the fourth quarter due to the pandemic affecting some of its operations in Zhengzhou, Read more
BT Group PLC 1H Net Pft GBP893M
By Kyle Morris BT Group PLC said Thursday that pretax profit for the first half of fiscal 2023 fell after booking depreciation and costs and it raised its cost savings Read more
Norway Central Bank Lifts Rate to 2.50% From 2.25%; Sees Next Hike in December
By Dominic Chopping Norway’s central bank raised its key policy rate to 2.50% from 2.25% on Thursday, and said it will most likely raise the rate further in December. A Read more
BNP Paribas 3Q Net Pft EUR2.76B
By Ed Frankl BNP Paribas SA said it beat expectations in its third quarter as its investment-banking division proved resilient amid strong client demand despite the market slump. The French Read more
Novo Nordisk 3Q Sales DKK45.57B
By Dominic Chopping Danish pharmaceutical company Novo Nordisk AS on Wednesday raised full-year guidance and reported a third-quarter net profit that beat expectations amid strong demand for its diabetes care Read more
Novo Nordisk 3Q Sales DKK45.57B
By Dominic Chopping Danish pharmaceutical company Novo Nordisk AS on Wednesday raised full-year guidance and reported a third-quarter net profit that beat expectations amid strong demand for its diabetes care Read more
South Korea’s Exports Fall First Time in Two Years
By Kwanwoo Jun South Korea’s exports fell in October for the first time in two years on weak global demand, as the country posted a trade deficit for seven months Read more