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Korea's chipmaker SK hynix's profit beats expectation in Q1

SK hynix said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence (AI) computing.

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Tesla: Tesla's profit fell 55%, adding to concerns about its strategy

Tesla's Q1 profit plummeted 55% to $1.1B, revenue down 9% to $21.3B. Layoffs of 14,000 employees amid 8.5% sales drop. Musk focuses on autonomous driving, Robotaxi, as share price surged in extended trading.

China , Elon-musk , Tesla , Profit , Sales , Electric-vehicles , Investors ,

Apple announces event on May 7 amid reports of launch of new iPads

Apple will hold an event on May 7, the company said on Tuesday, amid reports that it would roll out the long-anticipated revamped versions of iPad Pro and iPad Air next month.

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Ipsen Q1 Total-sales Up 13.3% At CER; Confirms 2024 Financial Guidance

Ipsen (IPSEY) posted sales of 822.4 million euros for the first quarter of 2024, up 13.3% at CER, or 10.9% as reported, driven by the 16.2% increase in sales of the growth platforms and the increased contributions from new medicines, while Somatuline sales declined by 1.

David-loew , Sales , Arnings , Uidance , Psen ,

KG Mobility launches renovated hybrid assembly line

PYEONGTAEK, Gyeonggi Province - KG Mobility's much-touted new assembly line that can produce both internal combustion and electric vehicles shows the direction the company is pursuing on the production side, as both remain popular at the current stage of the industry's paradigm shift.

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Croda backs FY profit guidance even as Q1 sales decline

Croda backed its full-year profit guidance on Wednesday despite a decline in first-quarter sales, as it hailed an "encouraging" start to the year for the consumer care business.

United-states , America , Steve-foots , Life-sciences , Croda , Backs , Profit , Guidance , Even , Sales , Decline , Category-all

Reckitt on track to deliver FY targets as Q1 LFL sales rise

Consumer goods giant Reckitt Benckiser said on Wednesday that it was on track to deliver its full-year revenue and profit targets as it posted a rise in first-quarter like-for-like net sales.

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Metro's quarterly profit drops 14.5% as grocer invests in improving supply chain

It also said Wednesday it is ending its partnership with Air Miles this fall

Toronto , Ontario , Canada , Quebec , Food-basics , Jean-coutu , Metro-inc , Log-increate-free , Air-miles , Statistics-canada , Cent

February retail sales down 0.1% to $66.7-billion, Statscan reports

Statistics Canada says sales at gasoline stations and fuel vendors fell 2.2 per cent in February, while sales at motor vehicle and parts dealers gained 0.5 per cent

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Fickle home buyers tiptoe into spring market

A swell in new listings after the Easter long weekend may point to a pickup in sales ahead as buyers absorb the new supply

Canada , Toronto , Ontario , Canadian , Paul-maranger , Farah-omran , Christian-vermast , Canadian-real-estate-association , Sotheby-international-realty-canada , Log-increate-free , International-realty-canada , Nova-scotia