TOKYO (Reuters) -Japan’s Sony Group Corp on Thursday edged up its annual profit forecast, helped by a strong showing for…
Xiaomi demands payout from supplier after car designs leaked
SHANGHAI (Reuters) – China’s Xiaomi <1810.HK) said on Thursday it had imposed a 1 million yuan ($149,000) penalty on a…
Berkshire Hathaway sells $44.9 million of shares in China’s BYD
(Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.55 million Hong Kong-listed shares of electric…
Roche warns 2023 profits will fall on $5 billion COVID sales hit
By Ludwig Burger BASEL (Reuters) – Roche warned on Thursday profits will decline in 2023 as falling demand for its…
Japan’s Takeda’s profit slips 13%, pipeline bolsters outlook
TOKYO (Reuters) – Japan’s Takeda Pharmaceutical Co posted a 13% drop in operating earnings for the nine months ended December…
Dassault Systemes shares jump on solid fourth quarter, 2023 forecast
(Reuters) -French software maker Dassault Systemes on Thursday forecast a revenue growth of between 8% and 9% in constant currency…
Mitsubishi UFJ, Mizuho report strong Q3 results on solid loan demand
By Makiko Yamazaki TOKYO (Reuters) -Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group on Thursday reported strong third-quarter profits…
End of easy-cash era is going to hurt
(This Feb. 1 story has been corrected to fix the name of CIO in the “Going Private” section to Nicoll…
Japan’s ANA Holdings raises profit forecast as travel demand recovers
TOKYO (Reuters) -The operator of Japan’s largest airline, ANA Holdings Inc, raised its full-year profit forecast as travel demand recovers…
India’s largest mortgage lender HDFC misses Q3 profit view on higher funding costs
BENGALURU (Reuters) – Housing Development Finance Corp (HDFC), India’s largest mortgage lender, reported a 13.2% rise in third-quarter profit on…