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LG Elec revises Q2 operating profit to 878 billion won from 1.1 trln won to reflect provision
SEOUL (Reuters) - South Korea's LG Electronics Inc said on Tuesday it has revised its second quarter operating profit to 878 billion won ($763.56 million) from a previously announced 1.1 trillion won ...
Syndicated Content Aug 10, 2021
Support measures push Japanese corporate bankruptcies to 50-year low
TOKYO (Reuters) - The number of corporate bankruptcies in Japan fell at the fastest rate this year to hit the lowest in 50 years for a July, thanks to funding support from the government and banks, a ...
Syndicated Content Aug 10, 2021
Tesla sold 32,968 China-made vehicles in July -CPCA
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc sold 32,968 China-made vehicles, including those for export, in July, the China Passenger Car Association (CPCA) said on Tuesday. The company,...
Syndicated Content Aug 10, 2021
Japan’s Kirin not planning to exit Myanmar despite coup, losses
TOKYO (Reuters) - Japanese drinks giant Kirin Holdings is not planning to exit Myanmar, despite being forced to scrap its beer partnership with a joint venture linked to Myanmar's military after a cou...
Syndicated Content Aug 10, 2021
Pandemic spurs flight of top earners from debt-laden South Africa
By Promit Mukherjee JOHANNESBURG (Reuters) - Cape Town restaurateur Adrian Hochman watched over the years as friends packed up and emigrated, but rationalised that power cuts, the threat of crime and ...
Syndicated Content Aug 10, 2021
WeWork rival IWG ‘cautiously optimistic’ on year after H1 losses widen
(Reuters) -Office rental firm IWG Plc said on Tuesday it was cautiously optimistic about the rest of the fiscal year despite posting a bigger half-year loss, even as a resurgence in global COVID-19 ca...
Syndicated Content Aug 10, 2021
Japan’s SoftBank reports 39% fall in Q1 net profit
TOKYO (Reuters) - Japan's SoftBank Group Corp on Tuesday reported a 39% fall in first-quarter net profit, even as Vision Fund returns were boosted by listings during the period. April-June profit was ...
Syndicated Content Aug 10, 2021
Delivery Hero to expand in Germany after Berlin return
Berlin (Reuters) - Delivery Hero said on Tuesday it would roll out its food and grocery delivery services in more German cities this autumn, heating up competition in the home market it quit three yea...
Syndicated Content Aug 10, 2021
Reliance joins Bill Gates, others to invest $144 million in U.S. energy storage co
BENGALURU (Reuters) - Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Tuesday it would invest $144 million in U.S. energy storage company Ambri Inc, along with billionaire Bill Gat...
Syndicated Content Aug 10, 2021
StanChart CEO says companies must act on climate change, can’t bank on governments
HONG KONG (Reuters) - Companies should not rely on governments to reach agreement at a global summit on climate change this year, but rather take more action themselves, Standard Chartered CEO Bill Wi...
Syndicated Content Aug 09, 2021

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