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
1970-01-01 08:00
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
1970-01-01 08:00
Emirates airline creates $200 million aviation sustainability fund
DUBAI (Reuters) -Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Thyssenkrupp raises cash flow outlook after Q2 loss
FRANKFURT Thyssenkrupp on Thursday raised the outlook for its closely watched free cash flow before mergers and acquisitions,
1970-01-01 08:00
Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
By Melanie Burton MELBOURNE (Reuters) -Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in the
1970-01-01 08:00
Global companies warn of slower-than-expected recovery in China
China's first few months of reopening to the world hasn't gone as planned for global businesses.
1970-01-01 08:00
China's deflation worries deepen as consumer prices grow only 0.1% in April
Deflationary pressure in China is worsening as consumer prices increased at the slowest pace in two years, suggesting weakness in domestic demand and a long road ahead to full economic recovery.
1970-01-01 08:00
China COSCO SHIPPING subsidiary climbs on German nod of port terminal deal
Share prices of COSCO SHIPPING Ports Ltd rose to as much as a three-month high on Thursday, after
1970-01-01 08:00
Marketmind: US debt drama crashes Japan's G7 party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is
1970-01-01 08:00