Tag: appliances

Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening
World

Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening

Updated Nov. 5, 2023 12:01 am ETHONG KONG—Leading Western brands in China are feeling the pinch from the country’s consumer slump.From luxury cosmetics firm Estée Lauder to apparel maker Canada Goose and iPhone seller Apple, companies are reporting weak results, with some saying customers aren’t reopening their wallets almost a year after Covid-related isolation ended.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
After a Boom and Bust, the Chip Industry Is Regaining Its Health
Technology

After a Boom and Bust, the Chip Industry Is Regaining Its Health

Updated Nov. 1, 2023 12:02 am ETThe global semiconductor industry is bottoming out, executives say, signaling a rebound in some areas of technology and providing relief for the U.S. government, which is spending billions on expanding chip production.In recent weeks, executives at Intel, Taiwan Semiconductor Manufacturing Co. and Samsung Electronics have expressed confidence that the worst is over for the chip industry, which had been in a prolonged slump.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
I Can Hear You Fine. Is It Rude That I’m Still Wearing AirPods?
Technology

I Can Hear You Fine. Is It Rude That I’m Still Wearing AirPods?

I once heard that marriage is asking each other “What did you say?” for the rest of your lives.That’s certainly true for my husband and me. We do chores with earbuds in, listening to our respective music and podcasts. When one of us speaks up, it inevitably prompts a delayed, confused response.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
I Can Hear You Fine. Is It Rude That I’m Still Wearing AirPods?
World

I Can Hear You Fine. Is It Rude That I’m Still Wearing AirPods?

I once heard that marriage is asking each other “What did you say?” for the rest of your lives.That’s certainly true for my husband and me. We do chores with earbuds in, listening to our respective music and podcasts. When one of us speaks up, it inevitably prompts a delayed, confused response.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Beiersdorf Upgrades Sales Guidance on Strong Performance
World

Beiersdorf Upgrades Sales Guidance on Strong Performance

Beiersdorf upgraded its sales guidance for the full year after recording a strong performance in the first nine months.The German personal-care company said Wednesday that it now expects organic sales growth to be low double-digit range. It had previously forecast growth in the high single-digit to low double-digit range.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
P&G Washes Away Consumer Blues Everywhere but China
Money

P&G Washes Away Consumer Blues Everywhere but China

Oct. 18, 2023 11:29 am ETProcter & Gamble sees a recovering consumer everywhere but in one market, which just so happens to be the world’s second-largest economy. That is encouraging news for the company itself, but an unsettling message more broadly about the state of China. The maker of Tide detergent and Gillette razors on Wednesday said its organic sales, which strip out the impacts of currency movements and mergers, rose 7% from a year earlier in the three months through September. As has been the case in prior quarters, this was entirely thanks to price increases, as underlying volumes fell 1%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8