News

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Tue, 11 Nov 2025 18:30:05 GMT

SoftBank's profit rises

SoftBank's Q2 net profit surged to $16.6B, over double last year's, boosted by OpenAI valuation gains far above analysts forecast.

Tue, 11 Nov 2025 15:30:05 GMT

Vodafone lifts full-year outlook

Vodafone raised its full-year outlook after Germany growth, expecting upper-end results: earnings of €11.3–11.6B and free cash flow of €2.4–2.6B.

Tue, 11 Nov 2025 12:30:05 GMT

Sony raises profit forecast

Sony raised its profit forecast 8% for FY ending Mar 2026, boosted by strong music, anime, and chip sales, with limited U.S. tariff impact.

Tue, 11 Nov 2025 11:25:04 GMT

Switzerland may get U.S. tariff cut

The U.S. and Switzerland are nearing a deal to cut Trump-era tariffs from 39% to 15%, with talks expected to conclude within weeks.

Tue, 11 Nov 2025 09:30:04 GMT

Aida urges BOJ to delay hikes

Economist Takuji Aida said the BOJ should delay rate hikes until at least January and urged the government to boost spending to ease pressure on households.

Tue, 11 Nov 2025 06:30:04 GMT

Novartis opens a factory in California

Novartis opened a new 10,000-sq-ft factory in Carlsbad, CA, to make radioligand cancer drugs like Pluvicto and Lutathera, part of its U.S. expansion plan.

Tue, 11 Nov 2025 03:30:04 GMT

Australia's recovery limits RBA easing

RBA's Andrew Hauser says Australia's economy recovered with demand above potential, leaving little room for near-term policy easing, tightest since 1980s.

Mon, 10 Nov 2025 21:30:06 GMT

Dollar slips on funding optimism

The U.S. dollar eased 0.1% to 99.643 as government funding hopes lifted confidence after weak economic data and Senate progress on a funding measure.

Mon, 10 Nov 2025 18:30:07 GMT

Diageo appoints ex-Tesco chief as CEO

Diageo names ex-Tesco boss Dave Lewis as new CEO, ending a long search. Interim CEO Nik Jhangiani will stay on until December before returning as finance chief.

Mon, 10 Nov 2025 15:30:04 GMT

Pfizer wins $10B Metsera deal

Pfizer won a $10B deal for obesity drug maker Metsera, beating Novo Nordisk after Metsera cited U.S. antitrust risks in Novo's rival bid.

Mon, 10 Nov 2025 12:30:05 GMT

China suspends sanctions temporarily

China suspended for a year the sanctions on U.S.-linked units of South Korea's Hanwha Ocean, effective immediately, its commerce ministry said Monday.

Mon, 10 Nov 2025 08:10:05 GMT

India boosts sugar exports forecast

India plans 1.5M-ton sugar exports as lower ethanol use boosts surplus, potentially pressuring NY and London sugar futures near five-year lows.

Mon, 10 Nov 2025 07:20:07 GMT

Government shutdown to end

The Senate advanced a bill to end the 40-day government shutdown, funding operations until Jan. 30 and adding three full-year spending measures.

Fri, 07 Nov 2025 21:30:04 GMT

China Exports Drop

China's exports fell in October after rushing U.S. orders to avoid Trump tariffs, showing reliance on U.S. demand despite efforts to expand other markets.

Fri, 07 Nov 2025 18:30:03 GMT

Honda recalls cars over wheels

Honda is recalling 406,290 U.S. vehicles due to a flaw that could cause alloy wheels to detach. Affected models include 2016–2021 Civics with 18-inch wheels.

Fri, 07 Nov 2025 15:30:06 GMT

Apple TV back online

Apple TV service is back online in the U.S. after a brief outage. Reports of issues dropped to 208 from a peak of 15,000,

Fri, 07 Nov 2025 12:30:05 GMT

Daimler profits fall

Daimler Truck's Q3 profit fell 40% to €716M, missing forecasts, but the company maintained its yearly outlook amid strength in Europe and North America.

Fri, 07 Nov 2025 09:30:04 GMT

Elon Musk to get compensated

Tesla shareholders approved Elon Musk's record-breaking pay deal with 75% support, celebrating at the Austin factory as dancing robots joined the stage.

Fri, 07 Nov 2025 07:30:10 GMT

Nvidia pauses China plans temporarily

Nvidia CEO Jensen Huang, visiting Taiwan's TSMC, said the firm won't ship to China now but hopes to serve the Chinese market again in the future.

Fri, 07 Nov 2025 03:30:07 GMT

Volvo targets 8% margin

Volvo Cars aims for a long-term operating margin above 8%, strengthening ties with Geely to cut costs and boost cash flow, while keeping some hybrid models.

Thu, 06 Nov 2025 21:30:05 GMT

Nissan sells, leases back HQ

Nissan sold and leased back its Yokohama HQ in a ¥97B ($643M) deal, expecting ¥73.9B income this fiscal year as part of its restructuring plan.

Thu, 06 Nov 2025 18:30:05 GMT

Turkish Airlines reaches deal with GE

Turkish Airlines agreed with GE Aerospace to buy engines and maintenance for 75 Boeing 787s, part of its 2029–2034 fleet expansion plan.

Thu, 06 Nov 2025 15:30:08 GMT

Boeing settles crash lawsuits

Boeing settled three lawsuits with families of victims from the 2019 Ethiopian Airlines 737 MAX crash. Terms were undisclosed after a jury was selected in Chicago.

Thu, 06 Nov 2025 12:35:04 GMT

Nordea sees higher returns equity

Nordea aims for a return on equity above 15% by 2026-2030, focusing on profitable growth, especially in Norway and Sweden, its largest markets.

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