Showing posts with the label slump

Arabtec chief eyes growth with capital raise; shares slump

REUTERS DUBAI DUBAI builder Arabtec, which underwent a major management shakeup last week, said it will rely on the reputation of its biggest shareholder and proceeds from a planned $1.8 billion cap…

Honda cuts profit forecast as sales slump in China

REUTERS TOKYO HONDA Motor Co cut its full-year net profit forecast by a fifth after sales in China were hit by a popular backlash against Japanese goods, and warned it could be February before busin…
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