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
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
1970-01-01 08:00
Blackstone in Talks With US Regional Banks Over Lending, FT Says
Blackstone Inc. is in talks with regional banks about forming partnerships where they would make loans that the
1970-01-01 08:00
Honda Profit Outlook Tops Estimates as Supply Constraints Ease
Honda Motor Co. forecast profit for the current fiscal year, slightly exceeding analysts’ projections, thanks to a recovery
1970-01-01 08:00
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
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
1970-01-01 08:00
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
1970-01-01 08:00
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
1970-01-01 08:00
Bayer Sees Profit at Low End of Target as Weedkiller Tumbles
Bayer AG said profit this year will probably be at the lower end of its forecast amid falling
1970-01-01 08:00
How Europe is building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faces a pivotal moment
1970-01-01 08:00
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
1970-01-01 08:00
Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
1970-01-01 08:00