TOKYO (Reuters) -Toyota Motor Corp said on Friday its annual vehicle production was likely to come in below its initial…
Verizon profit declines as pricier plans result in subscriber loss
By Eva Mathews and Savyata Mishra (Reuters) -Verizon Communications Inc’s profit fell 23% and it added fewer-than-expected wireless subscribers in…
Schlumberger’s 3Q profit tops forecasts as oil drilling jumps
By Liz Hampton and Ruhi Soni (Reuters) -Schlumberger on Friday reported its strongest quarterly profit since 2015 with results that…
Russian IT firm Softline mulls Moscow IPO after split from global partner -sources
By Alexander Marrow and Olga Popova MOSCOW (Reuters) – Russian IT company Softline, newly spun off from its global partner,…
Yellen says chips, research investments will boost U.S. economic capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that domestic investments in semiconductors…
Hedge funds suffer further outflows in Q3, stockpickers lead way
By Nell Mackenzie (Reuters) – Investors pulled an estimated $26 billion from hedge funds during the third quarter, according to…
Greenlight’s Einhorn optimistic Twitter deal with Musk will close
NEW YORK (Reuters) -Hedge fund manager David Einhorn, whose Greenlight Capital has had a long history with entrepreneur Elon Musk,…
Japan’s wine tipplers see glass half empty as weak yen pushes prices higher
By Tom Bateman and Rocky Swift TOKYO (Reuters) – The weak yen forced Suzy Iwamoto to raise prices on imported…
Google, Netflix under scrutiny in South Korea over network fees
By Joyce Lee SEOUL (Reuters) – South Korea’s parliament saw heated debate on Friday over proposed legislation to make global…
Tod’s investor repeats criticism of Della Valles’ bid as offer nears end
By Elisa Anzolin MILAN (Reuters) – Tod’s investor Tabor Asset Management has sent a second letter to complain the price…