forecasts

NEW YORK – Vacation rental company Airbnb reported a higher quarterly profit on May 8 but forecast second-quarter revenue below Wall Street expectations, sending shares of the…

STOCKHOLM – Spotify on Feb 6 reported fourth-quarter monthly active users and subscribers ahead of expectations as it grew in all regions, and said revenue and profitability…

TAIPEI – Taiwan Semiconductor Manufacturing Co.’s (TSMC) profit beat expectations after its chip margins held up better than anticipated, assuaging concerns about fallout from a…

TOKYO – The International Monetary Fund (IMF) cut Asia’s economic forecasts on Friday as global monetary tightening, rising inflation blamed on the war in Ukraine, and China’s…

NEW YORK – IBM said on Tuesday (April 19) it expects to hit the top end of its revenue growth forecast for 2022 even as it accounted for a hit of a “few hundred million dollars”…

More than a year has passed since the onset of the Covid-19 pandemic. While we are now more optimistic that better days are ahead, the fight is not yet over. Much more needs to go right for…

SEOUL – South Korea’s LG Chem, an electric vehicle (EV) battery supplier for Tesla and a petrochemicals maker, said on Monday (Oct 12) its third-quarter operating profit likely jumped to a…

GENEVA  – The United Nations health agency on Tuesday (Feb 4) warned cancer cases would rise by 81 per cent in low- and middle-income countries by 2040 because of a lack of investment in…