Deutsche Telekom slightly raises 2023 profit outlook
BERLIN Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in
2023-05-11 14:51
Japan's Subaru sets out targets for EV push over five years
TOKYO Japanese automaker Subaru Corp laid out targets for selling and making battery electric vehicles (EVs) on Thursday,
2023-05-11 14:47
Man Group CEO Luke Ellis to retire, Robyn Grew to take charge
LONDON Man Group said on Thursday its chief executive Luke Ellis would retire in September and be succeeded
2023-05-11 14:46
SoftBank posts $7.18 billion annual loss as Vision Fund slides further
TOKYO (Reuters) -Japan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year
2023-05-11 14:26
Italy's antitrust probes Apple for alleged abuse of app market dominance
ROME Italy's antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple
2023-05-11 14:23
Telefonica Q1 net profit falls 58% but still beats expectations
MADRID Spanish telecom firm Telefonica said on Thursday its first-quarter net profit fell 58% from the same period
2023-05-11 14:17
Bank of England set to raise UK interest rates to highest level since 2008
The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% on Thursday
2023-05-11 14:16
Honda sees full-year profit rising 15% after missing forecasts in Q4
TOKYO (Reuters) -Japan's Honda Motor Co on Thursday forecast a 14.9% rise in operating profit for this business year, after
2023-05-11 14:15
SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
2023-05-11 14:15
Hong Kong newspaper Ming Pao to stop publishing political cartoon Zunzi after government complaints
A Hong Kong newspaper will stop publishing works by the city’s most prominent political cartoonist after his drawings drew government complaints
2023-05-11 13:59
Yellen warns US default would threaten global economy, undermine US leadership
By Andrea Shalal NIIGATA, Japan U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4
2023-05-11 13:59
Germany's Merck flags decline in operating profit of up to 10% in 2023
By Ludwig Burger FRANKFURT Germany's Merck KGaA on Thursday warned that adjusted operating earnings could decline by as
2023-05-11 13:53