
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
1970-01-01 08:00

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
1970-01-01 08:00

Mizuho Said to Raise Rakuten Securities Stake to Almost 50%
Mizuho Financial Group Inc. plans to increase its investment in Rakuten Group Inc.’s online securities arm, which isn’t
1970-01-01 08:00

Emirates Reports Record First Half Profit on Air Travel Upswing
Emirates Group, operator of the world’s largest long-haul carrier, reported a record first-half profit of 10.1 billion ($2.7
1970-01-01 08:00

SoftBank’s Vision Fund Reports Another Loss of $1.7 Billion
SoftBank Group Corp.’s flagship Vision Fund reported another loss as valuations on some of its bets declined, even
1970-01-01 08:00

Citadel’s Griffin, Business Leaders Say AI to Change Economies
Global business leaders contemplated how emerging technologies will change the way people live and work in an increasingly
1970-01-01 08:00

Merck KGaA Beats on Earnings Amid Demand for Cancer Drugs
Merck KGaA reported earnings that topped estimates as strong demand for cancer drugs Bavencio and Erbitux helped cushion
1970-01-01 08:00

Deutsche Telekom Boosts Guidance After Beating Profit Estimates
Deutsche Telekom AG, Europe’s biggest telecommunications operator, raised its guidance for 2023 slightly after posting third quarter profit
1970-01-01 08:00

One killed and four injured after Russian missile hits civilian vessel in Black Sea
A Russian missile hit a civilian ship in a Black Sea port, killing at least one person and injuring four others, according to Ukraine’s officials. A Ukrainian pilot on board was killed in the attack on the vessel in Odesa’s Pivdennyi port, said Yoruk Isik, head of the Bosphorus Observer consultancy. “A few” other crew members were either dead or injured, Mr Isik told Reuters. Of those injured, three were crew members from the Philippines. The other injured individual was identified as a port employee. The ship was loading iron ore in the port when it was hit, said Mr Isik. He identified the vessel as a Kmax Ruler 92,000 dwt – a Liberia-flagged bulk carrier. Ukrainian infrastructure minister Oleksandr Kubrakov said the vessel was supposed to transport iron ore to China. “The missile hit the superstructure of a civilian vessel under the flag of Liberia, at the moment of its entry into the port,” Ukraine’s southern military command said on Telegram. Russia has repeatedly targeted Ukrainian port infrastructure after pulling out of a UN-brokered deal promising safe transit of Ukrainian grain shipments via the Black Sea. Russia has carried out at least 21 such attacks on port infrastructure after pulling out from the deal in July this year. “During this time, the terrorist country damaged more than 160 infrastructure facilities and 122 vehicles,” said the minister Mr Kubrakov. Russia’s exit from the deal brokered by the UN and Turkey has brought an end to the safe export of Ukrainian grain. Moscow exited the deal because it said its demands for economic sanctions to be lifted from its grain and fertiliser exports have not been met. Ukraine is now operating a temporary humanitarian corridor to export grain as it looks to break Russia’s de facto blockade without compromising on the sanctions. Last month, war-time president Volodymyr Zelensky said Ukrainian attacks have denied Russia’s naval fleet safe bases and secure maritime corridors in the western part of the Black Sea. Kyiv’s troops have looked to squeeze the Kremlin’s occupying forces out of the Crimean Peninsula that was illegally annexed in 2014. Read More Russia-Ukraine war: Zelensky ‘sure of’ battlefield success – live Ukraine fires drones over Black Sea and Crimea as Putin’s attacks fail in Bakhmut 2 more killed as Russian artillery keeps on battering southern Ukraine's Kherson region More than 900 of Putin’s soldiers killed in past 24 hours, claim Ukraine officials Zelensky says Ukraine’s Black Sea assault ‘will go down in history’ More than 40% of Ukrainians need humanitarian help under horrendous war conditions, UN says
1970-01-01 08:00

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.
1970-01-01 08:00

Range-bound markets awaits Powell - again
A look at the day ahead in European and global markets from Ankur Banerjee An uneasy calm prevailed during Asian
1970-01-01 08:00

Israel Latest: US Carries Out Strike on Weapons Depot in Syria
US fighters fired upon a weapons depot in Syria used by Iran’s Islamic Revolutionary Guard Corps, Defense Secretary
1970-01-01 08:00