A view of UOB Plaza in Singapore March 31, 2022. REUTERS/Caroline Chia/File Photo SINGAPORE — Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as US President Donald Trump’s trade tariffs and other policies threaten to undermine the global …
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China inflation up on new year spending
Three woman wearing traditional clothing walk through a popular shopping street in Beijing. Photographer: Greg Baker/AFP/Getty Images SHANGHAI — Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. China has struggled to raise consumption and stave off deflation for …
Read More »Fil-Chinese group announces biggest bakery fair
The Filipino Chinese Bakery Association, Inc. (FCBAI), an organization dedicated to promoting excellence in the Philippine baking industry through innovation, collaboration, and economic growth, is set to host Bakery Fair 2025, a three-day industry event aimed at blending tradition with innovation to propel the Philippine baking sector forward. The event …
Read More »Ford Q4 earnings surpass estimates
JEFF KOWALSKY / AFP via Getty NEW YORK — Ford reported a profitable fourth quarter in results that topped estimates but signaled it expects lower 2025 operating earnings on pricing pressure. The US auto giant, which has enjoyed robust returns in its commercial vehicle and conventional gasoline businesses that have …
Read More »Amazon reports strong earnings in Q4
SAN FRANCISCO, California — E-commerce giant Amazon reported on Thursday its fourth-quarter (Q4) net income nearly doubled to $20 billion, driven by strong holiday sales, but its outlook for the coming quarter came in less than hoped for by analysts. After earnings dropped, shares in Amazon were down by more …
Read More »When is a deal really a deal? We tracked prices at Old Navy and Canadian Tire to find out
Marketplace tracks sale items at popular stores and reveals false discounts, including products that are always on sale and some that are advertised on big sales days, but are actually cheaper during other times of the year. Marketplace tracked the price of retail items for months to find out when …
Read More »Arabica coffee prices up $4 per pound
Coffee beans are seen in this illustration taken December 17, 2024. REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK — Arabica coffee prices rose to a new record for an 11th successive session on Thursday, this time scaling $4.11 per pound (lb) as fears over supplies percolate, and traders grow nervous also over …
Read More »Google halts workplace diversity push
SAN FRANCISCO, California — Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators. The internet giant’s annual 10-K report, filed with the Securities and Exchange Commission, no longer contained a commitment to workplace inclusion and diversity that had …
Read More »Disney reports higher quarterly profits
NEW YORK — Disney reported higher quarterly profits on Wednesday, posting increased revenues in its streaming business as it eyes a rollout of a key ESPN product later this year. The entertainment giant, which has raised subscription prices on streaming, pointed to the success of “Moana 2” and other box …
Read More »Sheertex to temporarily lay off 40% of staff partly due to tariff threats
Canadian pantyhose-maker Sheertex is temporarily laying off 40 per cent of the company’s staff, in part because of tariffs the U.S. has promised to place on Canadian goods, the company’s CEO said on Wednesday. Canadian pantyhose-maker does 85 per cent of its sales in the U.S. Canadian pantyhose-maker Sheertex is …
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