Honda posts six-fold increase in Q4 operating profit
TOKYO (Reuters) - Japan's Honda Motor said on Friday its fourth-quarter operating profit grew more than six fold from a year earlier, helped by a weak yen and strong vehicle sales. Japan's second-biggest automaker by volume saw quarterly operating ...
20m ago
Foxconn's Q1 profit to jump from low base, AI to power growth
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Tuesday that first-quarter profit more than doubled on robust demand for artificial intelligence servers and after coming off a low base a...
21m ago
Novavax erases doubts about its ability to remain in business
(Reuters) - COVID-19 vaccine maker Novavax, on Friday, erased doubts about its ability to remain in business by removing a so-called "going concern" notice. In February, Novavax had raised doubts about its ability to remain in business and announce...
21m ago
Catalans to vote in election that is key to Spain's political stability
By Joan Faus BARCELONA (Reuters) - Catalans vote on Sunday in a regional election that could determine the stability of Spain's Socialist-led government and also gauge the strength of a pro-independence movement that has roiled the country for a de...
37m ago
France's Sanofi in COVID-19 vaccine deal with Novavax
PARIS (Reuters) - Sanofi on Friday announced it has reached a licensing agreement with Novavax to sell a stand-alone COVID-19 vaccine and develop new flu-COVID-19 combination vaccines while also taking an equity stake in its US peer. "We're excited...
38m ago
Analysis-Europe sees two-speed IPO recovery as smaller deals lag
By Pablo Mayo Cerqueiro, Andres Gonzalez and Elisa Anzolin LONDON (Reuters) - A string of stock listings this year has infused new life into Europe's anaemic market for initial public offerings, but for some smaller companies it may take longer to ...
38m ago
SoftBank seen returning to loss in Q4 despite tech stock strength
By Anton Bridge TOKYO (Reuters) - Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings, its core asset, performing well over the quarte...
1h ago
Philippines calls for Chinese diplomats to be expelled for disinformation
(Reuters) -The Philippine national security council on Friday called for Chinese diplomats to be expelled from the country for what it called a malicious disinformation campaign that had breached local laws and diplomatic protocols. The National Securi...
1h ago
Ukraine drone attack sparks fire at refinery in Russia's Kaluga, RIA reports
(Reuters) - A Ukraine drone attack set an oil refinery in Russia's Kaluga region on fire, RIA state news agency reported on Friday, citing emergency services sources. Vladislav Shapsha, governor of the Kaluga region which borders the broader Moscow...
1h ago
MLB roundup: Manuel Margot drives in 5 as Twins top M's
Manuel Margot doubled and matched a career high with five RBIs as the Minnesota Twins cruised to an 11-1 win over the Seattle Mariners on Thursday in Minneapolis. Max Kepler and Ryan Jeffers homered and drove in two runs apiece for Minnesota, which wo...
1h ago