News
Prosecutors demand 20-year jail sentence for husband in mass rape trial
French prosecutors have demanded a 20-year jail sentence for Dominique Pelicot, who is accused of drugging his former wife Gisèle for a…
Tag
Demand
Lifestyle
Biofuel demand, limited supply provide support for used cooking oil prices despite regulatory uncertainties
GLOBAL demand for used cooking oil (UCO), a feedstock for biofuels such as sustainable aviation fuel (SAF), is expected to continue to…
Lifestyle
Used cooking oil the new black gold as it rides biofuel demand, limited supply
Europe is the largest consumer of the feedstock globally, but regulatory uncertainty in US, Europe still a hurdle GLOBAL demand for used…
Business
Thousands demand lower rents at Barcelona demo
Thousands of protesters marched through Barcelona on Saturday demanding lower rents in Spain's second city. Barcelona, which has already…
News
Gold rallies on safe-haven demand, set for best week in nearly 2 years
GOLD prices breached the US$2,700 threshold for the first time in over two weeks on Friday (Nov 22), on track for their biggest weekly…
Business
Gap raises annual sales target betting on steady holiday demand
GAP raised its annual sales forecast on Thursday (Nov 21) and said the holiday season was off to a “strong start”, sending its shares up…
Business
Nvidia’s supply snags limit deliveries even as demand booms, shares down
NVIDIA’S revenue forecast on Wednesday (Nov 20) disappointed Wall Street, raising questions over whether the artificial-intelligence (AI)…
News
US prosecutors demand Google divest Chrome to end search monopoly
US PROSECUTORS on Wednesday (Nov 20) argued to a judge that Google must sell its Chrome browser, share data, and search results with…
Culture
Nissan Motor urges UK to ease EV targets amid weak demand
NISSAN Motor urged the UK government on Wednesday (Nov 20) to ease up its electric vehicle (EV) mandate, which encourages manufacturers to…
Business
Nvidia’s AI chip demand still booming but slowing sales growth worries investors
NVIDIA forecast fourth-quarter revenue slightly above estimates on Wednesday (Nov 20), but still failed to meet lofty expectations of some…
Business
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
CHINESE electric vehicle maker XPeng forecast fourth quarter revenue above Wall Street estimates on Tuesday (Nov 19), as a refreshed…
Business
Swiss watch exports fall again amid plummeting demand in China
SWISS watch exports fell for a second straight month in October as a sharp drop in shipments to China offset growth in the US. Exports of…
Business
Jardine Cycle & Carriage’s Indonesia, Vietnam Q3 earnings saddled by mushy consumer demand, weaker currencies
JARDINE Cycle & Carriage (JC&C) said on Wednesday (Nov 13) that its results for the first nine months of the year were down slightly year…
News
Opec again cuts 2024, 2025 oil demand growth forecasts
OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday (Nov 12), highlighting…
Business
Infineon forecasts sales decline on sluggish car chip demand
INFINEON Technologies forecast revenue will decline in the 2025 fiscal year, missing analyst estimates, in a sign that demand from…
Culture
Richemont profit slumps on weak China demand for luxury watches
RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling demand in…
Business
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
RIVIAN said on Thursday (Nov 7) it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase in…
News
Indonesia confident palm oil production can be increased to meet biofuel demand
INDONESIA’S chief economic minister said on Thursday (Nov 7) that he is confident palm oil production can be increased in coming years to…
Business
Lamborghini revenue jumps 20% on high demand for all models
ITALIAN luxury sports car maker Lamborghini posted on Wednesday (Nov 6) nine-months revenue that was up by 20 per cent to 2.43 billion…
Business
Japan’s steelmaker JFE cuts annual profit forecast on slow local demand, slumping Asia market
JAPAN’S second-biggest steelmaker, JFE Holdings, lowered its forecast for annual net profit by 37 per cent, hit by slow demand for…
Culture
Puma reports Q3 sales increase on rising running and soccer shoes demand
GERMAN sportswear maker Puma on Wednesday (Nov 6) reported a 5 per cent rise in currency-adjusted sales for the third quarter as it sold…
Business
Burger King parent Restaurant Brands misses sales estimates on muted demand
RESTAURANT Brands missed estimates for quarterly revenue on Tuesday (Nov 5) due to weak demand across key businesses such as Tim Hortons,…
Business
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhones Apple’s major manufacturing partner Hon Hai Precision…
Business
Diesel Demand in India Faces Headwinds as Economy Slows
(Bloomberg) -- The diesel market in India is losing momentum as the economy expands at a slower pace and consumption patterns shift in the…