Economic Outlook for 2024
The latest forecast from top economists suggests that fears of a recession in the first half of 2024 have dissipated significantly. Compared to the previous survey, the likelihood of negative…
Telus Reports 17% Rise in Q4 Profit
Financial Performance Telus reported a net income of 310 million Canadian dollars ($230.3 million), or C$0.20 a share, compared to C$265 million, or C$0.17 a share, in the same quarter…
Tesla Faces Challenges in Chinese Market
Tesla's production in China saw a decline in January compared to December, leading to concerns on Wall Street about the company's first-quarter deliveries in 2024. While Tesla does not disclose…
Disney’s Urgency to Tackle Streaming Profitability
Disney has recently set a critical goal to improve its stock performance. The company is now acting with a strong sense of urgency to address this goal, particularly in its…
Colliers International Sees Earnings Rise in Q4
Colliers International Group Inc., a Canadian professional services and investment management company, reported a growth in earnings for the recent quarter. The boost in earnings can be attributed to a…
Cineplex Reports Fourth Quarter Loss Despite Higher Revenue
Cineplex, the Canadian cinema chain, experienced a loss in the fourth quarter, although revenue saw an increase due to a rise in moviegoers during this period. Financial Performance In the…
Spectrum Brands Holdings Reports Profit in Q1 Despite Lower Sales
Spectrum Brands Holdings, the manufacturer of hairbrushes and toaster ovens, has announced a profit of $29.1 million, or 85 cents a share, for the first quarter of its fiscal year.…
Malaysian Stocks Reversal Ends Winning Streak
The Malaysian stocks market experienced a reversal on Thursday, bringing an end to a two-day winning streak. The benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) closed at 1,512.36, recording a slight…
AstraZeneca Expects Double-Digit Growth in Revenue and Core Earnings by 2024
AstraZeneca, the pharmaceuticals major, has projected that its revenue and core earnings per share will grow by double-digit percentages in 2024. The company recently reported its fourth-quarter results, which showed…
The Rise of AI PCs and Smartphones
The future of technology is fast approaching, with the emergence of AI-powered PCs and smartphones right around the corner. Sooner than you may expect, these innovative devices will become a…
Bank of England Deputy Governor Sarah Breeden Shifts Focus on Interest Rate Outlook
Bank of England's Deputy Governor for financial stability, Sarah Breeden, has indicated that she is now less concerned about persistent inflationary pressures in the U.K. and the need for further…
North America Refiners Maintain Advantage in Natural Gas Prices
Citigroup commodity analysts have recently stated that North American refiners continue to enjoy a significant advantage over their international counterparts due to the low domestic natural gas prices. The bank…
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