MPI’s 4Q net profit plunges 90% to RM8.1mil

[ad_1] KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) expects the operating environment to remain challenging for the coming quarters. “The group will continue to focus on its business strategies and…

ADM profit plunges as floods, U.S.-China trade war batter grain handler

[ad_1] CHICAGO (Reuters) – Global grain trader and food processor Archer Daniels Midland Co ADM.N on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations,…

London luxury gyms in crisis as Equinox plunges to £18 million loss

[ad_1] T here are growing signs London’s luxury fitness market is in crisis after high-end gym club Equinox posted an £18 million loss and warned on its future in the…

Watches Of Switzerland Plunges 26% On News Of Rolex-Bucherer Deal

[ad_1] Photo by John Keeble/Getty Images Getty Images FTSE 250-listed Watches of Switzerland plummeted on Friday on news that timepiece manufacturer Rolex is to enter the retail market. At 510.5p…

Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall | CNN Business

[ad_1] New York CNN  —  A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected. Shares of the fitness company…

Five Star Business Finance share price Today Live Updates : Five Star Business Finance Stock Plunges in Trading

[ad_1] 23 Aug 2023, 12:10:45 PM IST Five Star Business Finance share price update :Five Star Business Finance trading at ₹779.9, down -1.11% from yesterday’s ₹788.65 The current data for…

Don’t cry for Milei, Argentina: Peso plunges after populist’s triumph

[ad_1] Populist Javier Milei won the Presidential primary poll in Argentina, triggering turmoil in financial markets. The Argentine peso plunged this week after an anti-establishment candidate who admires former President…

Algorand Faces Tough Times, Records New All-Time Low As Crypto Market Plunges

[ad_1] Algorand Records New All-Time Low Algorand’s (ALGO) performance on the charts has been nothing short of a rollercoaster. According to data from CoinGecko, yesterday, the asset’s value plummeted to a…

WeWork plunges another 11% after announcing reverse stock split to try and keep NYSE listing

[ad_1] A WeWork co-working office space in Berkeley, California, on Wednesday, Aug. 9, 2023. David Paul Morris | Bloomberg | Getty Images WeWork, the office-sharing company once valued at $47…

Hong Kong’s Hang Seng index plunges 2.1%, enters bear market territory

[ad_1] Hong Kong’s main stock index, the Hang Seng, closed down by 2.1 percent during the last trading session of the week on August 18, bringing the index to over…