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Ford"s China ventures saw sales growth in April as market rebounds
U.S. automaker Ford Motor Co's two ventures in China have reported year-on-year sales growth for April, indicating the world's biggest auto market has started its recovery from coronavirus-induced lows......»»
GM and SAIC"s China sales rebound in April as market recovers
General Motors' sales in China saw double-digit year-on-year growth in April, its two local ventures said on Sunday, as the world's biggest auto market recovers from the coronavirus......»»
Nike revenue beats as digital growth offsets rare China sales fall on virus hit
Nike Inc beat estimates for quarterly revenue on Tuesday as strong digital demand offset the first China sales drop in nearly six years from the coronavirus-fueled shutdowns, but the company held back from providing a forecast due to the outbreak......»»
Stocks fall on fears China virus to slow growth, gold gains
Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated an economy on pace to grow moderately......»»
Volvo Cars posts rise in fourth-quarter profit, helped by cost cuts and sales growth
Sweden's Volvo Car Group, owned by China's Geely, reported an 18% rise in fourth-quarter operating profit as cost cuts and growing sales more than offset the impact of subdued global auto markets......»»
Getinge Full Year Report 2019: Continued Growth, Higher Margins and Strengthened Cash Flow
GOTHENBURG, Sweden, Jan. 30, 2020 /PRNewswire/ -- "Our organic sales growth continued in the fourth quarter and it was particularly good to see the strong performance of our three largest markets - the US, China and Germany," says Mattias Pe.....»»
Indexes hit new highs on strong U.S., China economic data
Wall Street's major indexes climbed to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»
Wall St at record levels after strong U.S., China data
U.S. stock indexes nudged higher to fresh record levels on Friday after strong housing data and indications of resilience in the Chinese economy raised hopes of a rebound in global growth......»»
GM"s 2019 China sales drop for second year on weak economy
General Motors Co's vehicle sales in China fell for a second year as overall auto sales declined amid a slowing economy and because of competition in the key mid-priced sport utility vehicle (SUV) segment......»»
Japan growth gloom deepens, but China data cheers
Industrial output and retail sales numbers point to a quarterly contraction in Japan's economy, but there were some more upbeat data out of China on Friday. Julian Satterthwaite reports......»»
Tiffany says Hong Kong declines offsetting "strong" China sales growth
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
The Ratings Game: DieHard brand will give Advance Auto Parts sales at Walmart a jolt
Buying the popular battery brand Die Hard will drive growth for Advance Auto Parts Inc., including sales through its partnership with Walmart Inc., analysts say......»»
Nike quarterly results beat, but North America disappoints
Nike Inc's quarterly revenue and profit blew past Wall Street expectations on Thursday on strong sales in China, but lower-than-expected growth in North America, its biggest market, overshadowed the beat......»»
China"s November industrial output, retail sales beat expectations
China's industrial output and retail sales growth accelerated more than expected in November, suggesting resilience in the economy as Beijing seeks to prop up domestic demand amid the trade war with the United States......»»
Lackluster U.S. retail sales dim fourth quarter economic growth outlook
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter......»»
Lackluster U.S. retail sales cast shadow on fourth-quarter economic growth
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears the economy was slowing a bit faster than anticipated in the fourth quarter......»»
China capex growth hits three-year low as weak economy, trade war drag
Capital investment by Chinese firms has ground to its slowest pace in three years, as a weakening economy, tight credit and prolonged trade war with the United States dent sales growth and cash reserves, a Reuters analysis showed......»»
Europe Markets: European stocks advance on strong Chinese economic data
European stocks advanced on Monday, buoyed by data showing the world’s second-largest economy, China, seems to be bouncing back......»»
Ford"s China JV with Changan to return to sales growth in 2020-president
Auto sales at Ford Motor Co's China venture with Chongqing-based carmaker Changan are likely to turn positive next year, Changan’s president said on Friday......»»
How A Challenging Economy in 2020 May Impact Lenders
The U.S. auto industry has been fearing it may see sales fall after several years of strong activity and consumer demand. However, those fears will... The post How A Challenging Economy in 2020 May Impact Lenders appeared first on ValueWalk......»»