BLACKPINK members renew contract, boosting shares in label YG Entertainment

BLACKPINK members renew contract, boosting shares in label YG Entertainment

[1/2]Lisa (Lalisa Manoban), Rose (Roseanne Park), Jisoo Kim and Jennie Kim, from the K-Pop band BLACKPINK pose with their Honorary MBEs (Members of the Order of the British Empire) at Buckingham Palace, London, Britain November 22, 2023. Victoria Jones/Pool via REUTERS/File Photo Acquire Licensing Rights SEOUL, Dec 6 (Reuters) – South Korea’s YG Entertainment Inc … Read more

Rotorua makes the international hot list – and more NZ travel news this week

Rotorua makes the international hot list – and more NZ travel news this week

Last week “Sulphur City’ made Booking.com’s list of the top 10 trending destinations worldwide. Each week in Travel, we check out some of the latest happenings from Aotearoa and beyond to inspire your next adventure. Rotorua is hot stuff Aotearoa’s sensational sulphur city Rotorua is a long-time tourist favourite, and its appeal shows no sign … Read more

Stocks, bonds in euphoric mood, but dollar takes a beating

Stocks, bonds in euphoric mood, but dollar takes a beating

[1/2]A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff/File Photo Acquire Licensing Rights Asian stock markets : Oil prices near four-month low after steep sell off Bonds rally as softer U.S. data hardens rate … Read more

Novo Nordisk shares rise as Wegovy shows heart benefits beyond weight loss

Novo Nordisk shares rise as Wegovy shows heart benefits beyond weight loss

FILE PHOTO: The logo of Danish drugmaker Novo Nordisk, Copenhagen, Denmark, September 26, 2023. REUTERS/Tom Little/File Photo Acquire Licensing Rights LONDON, Nov 13 (Reuters) – Novo Nordisk (NOVOb.CO) shares rose 3% on Monday as the market reacted to data the drugmaker presented over the weekend showing that the heart protective benefits of its popular obesity … Read more

Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BERLIN, Nov 8 (Reuters) – Siemens Energy (ENR1n.DE) expects more than 1 billion euros ($1.1 billion) in revenues mid-term from its hydrogen electrolyser manufacturing business, one … Read more

EBay forecasts fourth-quarter results below estimates on weak consumer spending

EBay forecasts fourth-quarter results below estimates on weak consumer spending

The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights Nov 7 (Reuters) – Ebay (EBAY.O) forecast fourth-quarter revenue and profit below Wall Street estimates on Tuesday and joined other e-commerce platforms in sounding the alarm on weaker-than-expected consumer spending. San Jose, California-based eBay’s shares … Read more

Estee Lauder, Canada Goose slash annual targets as China recovery falters

Estee Lauder, Canada Goose slash annual targets as China recovery falters

[1/2]An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Nov 1 (Reuters) – Estee Lauder (EL.N) and Canada Goose Holdings (GOOS.TO), on Wednesday cut their annual forecasts as the luxury goods companies grapple with weak demand in high-growth market China. Estee’s shares tumbled … Read more

AMD forecasts $2 billion sales of AI chips, helping shares rebound

AMD forecasts $2 billion sales of AI chips, helping shares rebound

A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 31 (Reuters) – Chip designer Advanced Micro Devices (AMD.O) on Tuesday forecast $2 billion in sales in 2024 from a chip that aims to compete with Nvidia (NVDA.O) … Read more

Western Digital to split flash memory business after Kioxia merger talks stall

Western Digital to split flash memory business after Kioxia merger talks stall

The logo of Western Digital Corporation is displayed at the company’s headquarters in Tokyo, Japan, May 27, 2019. REUTERS/Yoshiyasu Shida/File Photo Acquire Licensing Rights Oct 30 (Reuters) – Western Digital (WDC.O) said on Monday it would spin off its flash memory business that has been grappling with a supply glut after talks of merging the … Read more

Air Canada lifts profit forecast on international travel rebound

Air Canada lifts profit forecast on international travel rebound

Air Canada planes are parked at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing Rights Oct 30 (Reuters) – Air Canada (AC.TO) expects 2023 core profit towards the higher range of its previous forecast, it said, after beating third-quarter profit estimates on strong international travel demand. North American … Read more