Japan's Nippon Steel full-year profit down 21%, beats estimates
TOKYO (Reuters) - Nippon Steel, Japan's biggest steelmaker, posted on Thursday a 20.8% fall in net profit for the year ended in March to 549.4 billion yen, beating estimates. Nippon Steel had been expected to post a net profit of 464.6 billion yen,...
13m ago
Takeda profit slumps by half as Japanese drugmaker rebuilds pipeline
TOKYO (Reuters) - Japan's Takeda Pharmaceutical said full-year earnings slumped by more than half as the company focused on rebuilding its drug pipeline to make up for the loss of patent protection for major sellers. Operating profit was 214.1 bill...
13m ago
Yemen's Houthis say they targeted ships in Gulf of Aden, Indian Ocean
DUBAI (Reuters) - Yemen's Iran-aligned Houthis targeted two ships, the MSC DEGO and the MSC GINA, in the Gulf of Aden using a number of ballistic missiles and drones, the group's military spokesman Yahya Sarea said in a televised speech on Thursday...
14m ago
Panasonic expects battery unit's annual profit to rise 23%
TOKYO (Reuters) - Japan's Panasonic Holdings forecast on Thursday a 23% rise in operating profit for its battery-making energy unit in the current business year, after undershooting its estimated operating profit for the year that just ended. Opera...
15m ago
ITV forecasts 12% jump in Q2 ad revenue on Euros demand
LONDON (Reuters) - Britain's ITV said its advertising revenue would jump by around 12% in the second quarter, four times the level achieved in the first, boosted by the Euros soccer championship which kicks off in June. The company, which broadcast...
44m ago
China's exports and imports return to growth, signalling demand recovery
BEIJING (Reuters) - China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economi...
45m ago
Meet the British wrestling collective with 'queer joy' at its core
LONDON (Reuters) - Think fishnet tights, silver hot pants and long false eyelashes, then add in bodies bouncing off ropes and into takedowns which land with bottoms on faces. This is queer wrestling outfit Fist Club. Their mission, they say, is to ...
56m ago
Analysis-War upends Ukraine's economy in a shift that may be permanent
By Olena Harmash KYIV (Reuters) - Within days of Russian forces invading Ukraine in early 2022, architect Oleh Drozdov made up his mind: he would move his home and business from the besieged eastern city of Kharkiv more than 1,000 km to the west, ...
1h ago
Tennis-Nadal happy to be playing third straight event after injury return
(Reuters) - Rafa Nadal said he is encouraged by his steady progress after returning from injury last month, as the 14-times French Open champion continues his preparation for Roland Garros at this week's Rome Masters. Nadal, who has said he expects...
1h ago
Air Vanuatu cancels flights as government considers voluntary administration
(Reuters) - Air Vanuatu said on Thursday it had cancelled international flights for the rest of the week, as the Pacific Island nation's government considered placing its national carrier into voluntary administration. All of Air Vanuatu's internat...
1h ago