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Japan's SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour
Japan's SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour
Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured
2023-11-09 17:54
EU court adviser backs EU's $14 billion tax order to Apple
EU court adviser backs EU's $14 billion tax order to Apple
LUXEMBOURG An adviser to Europe's top court on Thursday said judges should back a 13-billion-euro ($14 billion) tax
2023-11-09 17:21
Profits slip at Japan's Sony, hit by lengthy Hollywood strike
Profits slip at Japan's Sony, hit by lengthy Hollywood strike
Sony has reported that its profit in the July-September quarter slipped 29% from a year earlier, as damage from a strike in the movie sector offset boosts from a favorable exchange rate
2023-11-09 16:55
Wizz Lowers Profit Outlook on Economic, Security Concerns
Wizz Lowers Profit Outlook on Economic, Security Concerns
Wizz Air Holdings Plc lowered its profit outlook for fiscal 2024 as aircraft engine issues, along with growing
2023-11-09 16:54
Scores Killed in Sudan’s Darfur Region as Militia Routs Army Base
Scores Killed in Sudan’s Darfur Region as Militia Routs Army Base
About 200 people may have been killed by Sudanese militias allied with the Rapid Support Forces, after the
2023-11-09 16:51
AstraZeneca ups profit outlook on strong cancer drugs demand
AstraZeneca ups profit outlook on strong cancer drugs demand
By Maggie Fick and Eva Mathews LONDON (Reuters) -AstraZeneca raised its annual earnings forecast on Thursday, helped by strong demand
2023-11-09 16:23
Nvidia plans to release three new chips for China - local media
Nvidia plans to release three new chips for China - local media
SHANGHAI Nvidia is planning to release three new chips for China, local Chinese media reported on Thursday, weeks
2023-11-09 15:46
Japanese automaker Honda reports its 3Q profit jumped on strong demand at home and in the US
Japanese automaker Honda reports its 3Q profit jumped on strong demand at home and in the US
Honda has reported that its profit jumped 34% in the July-September quarter from a year earlier as a cheap yen helped boost the Japanese automaker’s overseas strong earnings thanks to healthy demand, especially in the U.S. Honda’s profit rose to 254 billion yen, or $1.7 billion, from 189 billion yen
2023-11-09 15:20
SoftBank books $5.2 billion quarterly loss as investments and weak yen bite
SoftBank books $5.2 billion quarterly loss as investments and weak yen bite
TOKYO (Reuters) -SoftBank Group on Thursday booked 789 billion yen ($5.22 billion) loss, marking its fourth straight quarter in the
2023-11-09 14:50
An industrial robot crushed a worker to death at a vegetable packing plant in South Korea
An industrial robot crushed a worker to death at a vegetable packing plant in South Korea
Police say an industrial robot crushed a worker to death at a vegetable packaging plant in South Korea
2023-11-09 14:49
Sony Q2 profit falls 29%, hit by chips division
Sony Q2 profit falls 29%, hit by chips division
By Sam Nussey TOKYO Sony's operating profit fell 29% in the July-September quarter, below estimates, as the company
2023-11-09 14:46
Treasury Rally Is Proving to Be No Panacea for Asian Bonds
Treasury Rally Is Proving to Be No Panacea for Asian Bonds
Emerging Asian bonds may struggle to sustain gains spurred by the rally in Treasuries as bearish signals grow.
2023-11-09 14:19
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