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Builder Skanska profits slump more than expected - Vimarsana News

Builder Skanska profits slump more than expected

Swedish builder Skanska reported a sharp fall in operating earnings for the first quarter on Thursday as weakness in its property development business took the shine off robust activity in... | May 4, 2023

Builder Skanska profits hit by slumping property development - Vimarsana News

Builder Skanska profits hit by slumping property development

Swedish builder Skanska reported a sharp fall in operating earnings for the first quarter on Thursday as soaring inflation and interest rates weighed on real estate markets, hitting its property development business.

Volkswagen sees growing competition ahead as revenue jumps on Europe, US - Vimarsana News

Volkswagen sees growing competition ahead as revenue jumps on Europe, US

By Victoria Waldersee BERLIN (Reuters) - Volkswagen sees higher competition later this year as supply chain bottlenecks ease and China's electric car ...

LG Display reports losses as global demand ebbs - Vimarsana News

LG Display reports losses as global demand ebbs

ALBAWABA - LG Display recorded losses of 1.1 trillion Korean won ($823 million) due to operating losses in the period from January to March this year.

SK Hynix reports record quarterly loss as chip glut worsens - Vimarsana News

SK Hynix reports record quarterly loss as chip glut worsens

South Korea's SK Hynix Inc posted a record quarterly operating loss on Wednesday as a global economic slowdown pushed buyers to limit purchases, worsening a chip glut.... | April 25, 2023