CK Hutchison warns of geopolitical risks as profit falls and ports deal upsets China

CK Hutchison warns of geopolitical risks as profit falls and ports deal upsets China

[HONG KONG] CK Hutchison Holdings warned of geopolitical risks to global trade, as the Hong Kong conglomerate reported weaker-than-expected profit and a ports deal faces uncertainty amid rising US-China tensions. Billionaire Li Ka-shing’s flagship firm reported HK$17.1 billion (S$2.9 billion) in net income for 2024, missing analyst expectations for HK$22.5 billion, according to a statement…

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Rivian, Lucid tumble as slowing EV demand upsets ramp-up plans

Rivian, Lucid tumble as slowing EV demand upsets ramp-up plans

RIVIAN Automotive and Lucid Group tumbled on Thursday (Feb 22) after their earnings reports pointed to the impact of slowing electric-vehicle demand on their costly ramp-up plans. Rivian tanked 25 per cent to a record low after it forecast flat growth in annual production, also hurt by a shutdown of its assembly line for upgrades.…

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Medvedev Into Australian Open Quarters, Qualifier Upsets Azarenka

Medvedev Into Australian Open Quarters, Qualifier Upsets Azarenka

Daniil Medvedev stayed on track for a third Australian Open final in four years on Monday as Ukrainian qualifier Dayana Yastremska upset former champion Victoria Azarenka to surge into the quarter-finals. They made their moves ahead of an evening session headlined by Spanish star Carlos Alcaraz, who is seeking to reach the last eight for…

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How To Pick March Madness Upsets

How To Pick March Madness Upsets

Correctly making March Madness upset predictions might be the most satisfying part of playing in an NCAA Tournament pool. Deciding which upset picks to make for the 2023 NCAA Tournament won’t be easy, but knowing the history of lower seeds in March Madness can improve your chances of finding winners. Upset predictions for March Madness…

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49ers, Bengals Can Pull Off Championship Upsets

49ers, Bengals Can Pull Off Championship Upsets

Conference championship weekend offers bettors the last chance this season to make picks against the spread on multiple games on the same day. The San Francisco 49ers are underdogs against the Philadelphia Eagles in the 2023 NFC Championship Game. The Kansas City Chiefs are slight favorites over the Cincinnati Bengals in a rematch of last…

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Bengals, Panthers Can Pull Off Week 17 Upsets

49ers, Bengals Can Pull Off Championship Upsets

Almost all of the games on the NFL Week 17 schedule have playoff implications. Four teams that are outside of the latest playoff picture but are vying for wild-card spots are favored Sunday. Seven games feature a point spread of a field goal or less. Here are picks against the spread for every game in…

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Look To Bucs, Broncos, Rams for Week 4 upsets.

Look To Bucs, Broncos, Rams for Week 4 upsets.

There might not be a major upset in NFL Week 4, but a handful of short underdogs have a strong chance to win straight up in key games. Six teams that have at least a share of first place are underdogs this week. Here are the best upset picks for Week 4. All betting odds…

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