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…
SINGAPORE – For the third straight quarter, Singapore manufacturers remain pessimistic about business in the next six months, while positive sentiment in the services sector has…
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”…
BENGALURU – Cinema operator AMC Entertainment beat second-quarter revenue estimates on Monday, lifted by the return of moviegoers to its theaters after a year of closures and restrictions,…
NEW YORK – Business economists are growing more upbeat about the US economy’s prospects this year, while a greater share anticipate stronger sales and more hiring over the next three…
SHANGHAI – Just over half of American companies are more optimistic about doing business in China on expectations of better trade relations with the US under a Biden administration,…
WASHINGTON – The coronavirus pandemic has hit like a worldwide hurricane, shutting activity in most economies simultaneously, but some forecasters are more optimistic about the prospects…
Optimism in the semiconductor industry gave a positive flip to manufacturers’ outlook of business conditions in the first half of this year. A weighted 19 per cent of manufacturing…