STMicro Revenue Forecast Misses As Auto Sales Slump
STMicroelectronics NV reported weaker sales than analysts expected, exacerbated by a slowdown in chip demand from the automotive sector.
STMicroelectronics NV reported weaker sales than analysts expected, exacerbated by a slowdown in chip demand from the automotive sector.
Deutsche Bank AG relied on its traders and investment bankers to make up for a slowdown in income from lending, as Chief Executive Officer Christian Sewing seeks to deliver on an ambitious revenue goal.
J Sainsbury Plc expects profits to rise this year as the UK supermarket chain pulls in shoppers with its loyalty card, while inflation fades.
Investors are looking for the next policy domino to fall in Asia amid an escalating campaign against a resurgent dollar, after Indonesia used a surprise interest rate hike to defend the rupiah.
Atos SE said it is seeking more cash to finance its business and might need to further reduce its debt, as the embattled French IT company delayed a deadline it set for proposals from its creditors and banks to finance a rescue plan.
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