
Marketmind: What could possibly go wrong?
Optimism for the third quarter earnings season has provided a timely boost for equity markets, which flirted with correction territory in September.

Optimism for the third quarter earnings season has provided a timely boost for equity markets, which flirted with correction territory in September.

Dutch health technology company Philips (PHG.AS) on Monday cut its outlook for sales and profit growth this year and said the global supply chain problems that added to its growing list of worries in the third quarter would likely intensify.

AirAsia X Bhd (AAX) (AIRX.KL) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate all existing contracts so that it can restructure 33.65 billion ringgit ($8.1 billion) of liabilities, a document seen by Reuters shows.

“Squid Game,” Netflix Inc’s (NFLX.O) biggest original series launch, is estimated to be worth almost $900 million for the streaming giant, Bloomberg News reported late on Saturday, citing figures from an internal Netflix document.
Tesla Inc. (TSLA.O) is hiring managers for its legal and

According to the U.S. Energy Information Administration’s 2021 data, households
SYDNEY, Oct 12 (Reuters) – Australia’s Westpac Banking Corp (WBC.AX) said on

Waste King, the UK-based environmentally friendly waste collection and recycling services specialist, has started regenerating its vehicle fleet by investing in its first electrically powered trucks. In addition, it has added two ‘junk removal’ vehicles to its fleet, which is growing following continued increasing demand for its services.

China is considering boosting the status of its antitrust bureau within the market regulatory agency as it steps up a campaign against anti-competitive behaviour, two people familiar with the matter said.

Even by the conservative standards of global organisations, the International Monetary Fund is known for its cautious forecasts. So, when the Fund cut 2021 growth forecast on Tuesday and said it was growing more concerned about entrenched inflationary pressures, there is reason for investors to take notice.

Optimism for the third quarter earnings season has provided a timely boost for equity markets, which flirted with correction territory in September.

Dutch health technology company Philips (PHG.AS) on Monday cut its outlook for sales and profit growth this year and said the global supply chain problems that added to its growing list of worries in the third quarter would likely intensify.

AirAsia X Bhd (AAX) (AIRX.KL) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate all existing contracts so that it can restructure 33.65 billion ringgit ($8.1 billion) of liabilities, a document seen by Reuters shows.

“Squid Game,” Netflix Inc’s (NFLX.O) biggest original series launch, is estimated to be worth almost $900 million for the streaming giant, Bloomberg News reported late on Saturday, citing figures from an internal Netflix document.
Tesla Inc. (TSLA.O) is hiring managers for its legal and

According to the U.S. Energy Information Administration’s 2021 data, households
SYDNEY, Oct 12 (Reuters) – Australia’s Westpac Banking Corp (WBC.AX) said on

Waste King, the UK-based environmentally friendly waste collection and recycling services specialist, has started regenerating its vehicle fleet by investing in its first electrically powered trucks. In addition, it has added two ‘junk removal’ vehicles to its fleet, which is growing following continued increasing demand for its services.

China is considering boosting the status of its antitrust bureau within the market regulatory agency as it steps up a campaign against anti-competitive behaviour, two people familiar with the matter said.

Even by the conservative standards of global organisations, the International Monetary Fund is known for its cautious forecasts. So, when the Fund cut 2021 growth forecast on Tuesday and said it was growing more concerned about entrenched inflationary pressures, there is reason for investors to take notice.
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