Tuesday , 16 December 2025

Recent Posts

Canada Goose falls on spending plans

Bloomberg Parka maker Canada Goose Holdings Inc struck an upbeat tone for the coming year, with plans to add 10 stores, launch a footwear line and spend more on marketing, all while forecasting record revenue. With no tourism recovery in sight and spending plans putting pressure on margins, investors flinched. The Toronto-based company reported fourth-quarter earnings that beat analysts’ forecasts, …

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China tech giants bet $19bn on global electric car frenzy

Bloomberg China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co to Baidu Inc plowing almost $19 billion into electric and self-driving vehicle ventures widely seen as the future of transport. While Apple Inc has long had plans for its own car and Alphabet Inc …

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Sony warns tight PlayStation 5 supply to extend into next year

Bloomberg Sony Group Corp warned a group of analysts the PlayStation 5 (PS5) will remain in short supply through 2022, suggesting the company will be constrained in its ability to boost sales targets for its latest games console. While reporting financial results in late April, the Japanese conglomerate said it had sold 7.8 million units of the console through March …

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