Tag: sales
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US telecoms watchdog to vote on barring sales of devices with parts from blacklisted firms
WASHINGTON, June 30 : The Federal Communications Commission, the U.S. telecoms watchdog, said on Tuesday it plans to vote next month on a measure that would bar sales of devices in the United States that contain components from blacklisted companies. The FCC maintains a list of firms – including Chinese telec
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Charging ahead: EVs outpace growth predictions
Electric cars are getting cheaper, more efficient and can travel farther than ever. China is driving the transition, but Europe and other countries are catching up fast.
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Is the convertible car heading into the sunset?
UK drivers have taken a shine to the SUV but could the fate of the convertible be reversed?
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Remy Cointreau posts 35% profit drop, shares jump on recovery hopes
French drinks group Remy Cointreau reported a 35% drop in full-year net profit on Thursday as tariffs slammed sales in its key China and US markets. Despite this, shares soared more than 10% on Thursday morning.
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AI giant Broadcom sheds $300bn as outlook misses sky-high expectations
The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but it disappointed investors by not raising its long-term sales target, sending shares tumbling more than 12% in after-hours trading.
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SMFG aims to double sales and trading revenue to $5 billion, markets head says
TOKYO, June 4 : Japan’s Sumitomo Mitsui Financial Group is aiming to double revenue in its sales and trading business to 800 billion yen ($5 billion) within the next few years, its head of global markets said, as the bank seeks to catch up with its rivals.Rising interest rates, currency swings and record stoc
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