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Zimmer Biomet beats Q1 profit estimates on robust demand for knee, hip devices

Medtech firm Zimmer Biomet Holdings beat Wall Street estimates for first-quarter profit on Thursday, on the back of robust demand for its devices that are used in knee and hip reconstruction procedures. Zimmer's results extend a strong quarter for medical device makers, including peer Stryker Corp which raised its annual profit outlook betting on steady demand for its hip and knee implants. Investors have increased expectations for medical device makers following a post-pandemic surge in demand for medical procedures, especially among older Americans. ....

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Strong demand keeps manufacturing activity robust in April: PMI survey

India Business News: NEW DELHI: Riding high on robust domestic demand activity in the country’s manufacturing sector in April recorded the second fastest expansion in thre. ....

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Domestic passenger vehicle sales soar to record high of 42 lakh units in financial year 2023-24: Siam

India Business News: India's passenger vehicle wholesales hit a record high of 42,18,746 units in FY 2023-24, growing 8.4% y-o-y. Strong demand for utility vehicles drove ....

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