Shares in Asian chip firms plunge further as AI sell-off continues
Drop comes after South Korean company SK Hynix’s results undershot investors’ expectationsBusiness live – latest updatesShares in companies linked to ...
VW profits plunge and deep job cuts loom amid tough Chinese competition
Carmaker, which is pushing through cost-cutting programme, expects sales to fall by up to 3% this yearVolkswagen has reported a steep fall in profits ...
EasyJet profits plunge 70% as fuel costs soar amid Iran war
Budget airline, which has two US investment firms vying to buy it, also affected by passengers booking laterThe low-cost airline easyJet has revealed ...
Babcock says Brexit and Covid beset Royal Navy contract as profits plunge
Underlying operating profits down 19% with 2019 frigate-building programme making loss, firm reportsOne of the UK’s biggest defence contractors has bl...
Vivid Sydney cancels shows after 89 drones plunge into Darling Harbour
Event organisers blame ‘unforeseen technical difficulties’ for the drone malfunction, with four performances cancelledFollow our Australia news live b...
The chips are down: pizza, fried chicken and doughnut shares plunge on ASX as living costs bite budgets
Shares in Domino’s Pizza, KFC operator Collins Foods and multi-brand food franchise owner Retail Food Group have all suffered double-digit fallsGet ou...
Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?
The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggestFollow our Australia news liv...
