You are here

Home > Transport

Volvo upgrades profit outlook despite China slowdown

Thu, Aug 20, 2015 - 5:50 AM

Berlin

VOLVO Car Group boosted its earnings goal for the year, saying the robust European market would outweigh a slowdown in China, where pressure to discount is increasing.

"The price situation in China is getting tougher," chief executive officer Hakan Samuelsson said in a phone...

sentifi.com

Market voices on:

Transport

Singapore electric motorcycle venture picks up speed

MH17 calls 'show ties between Russian officials, rebels'

Qantas completes 'double sunrise' test flight from London to Sydney

South African Airways cancels all flights after strike call

German automation talent powers Tesla chief's battery move to Europe

Cathay Pacific defers delivery of four Airbus planes as demand falls

BREAKING

Nov 15, 2019 05:29 PM
Banking & Finance

Goldbell Group launches private debt investment platform to drive growth in local companies

LOCAL vehicle leasing giant Goldbell Group announced the launch of its private debt investment platform Goldbell...

Nov 15, 2019 05:27 PM
Stocks

Malaysia: Shares close higher on Friday

MALAYSIA share prices closed higher on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.2...

Nov 15, 2019 05:06 PM
Government & Economy

Hong Kong Q3 GDP shrinks 3.2%, confirms depth of recession

[HONG KONG] Hong Kong confirmed on Friday its economy plunged into its first recession in a decade in the third...

Nov 15, 2019 04:56 PM
Stocks

Europe: Stocks advance at open

[LONDON] European stock markets rose at the open on Friday, with London's benchmark FTSE 100 index up 0.3 per cent...

Nov 15, 2019 04:50 PM
Energy & Commodities

Untimely rains hit India's summer crops, delay rural economy recovery

[KALAMB, India] Heavy rains in October and November have brought more misery to India's farmers, after summer-sown...

subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly