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Japan’s Rakuten posts $564 million loss in Q1 on mobile loss
TOKYO (Reuters) - Japanese e-commerce and fintech giant Rakuten Group Inc on Friday posted an operating loss of 76.2 billion yen ($564.24 million) for the first three months of 2023, dragged down by i...
May 12, 2023
Toshiba expects 0.5% drop in annual profit ahead of JIP buyout
TOKYO (Reuters) - Toshiba Corp said on Friday it expected operating profit to drop 0.5% this financial year, ahead of a planned $15-billion buyout by a group led by private equity firm Japan Industria...
May 12, 2023
Exclusive-Wegovy, other weight loss drugs ‘no silver bullet’, says WHO amid obesity review
By Jennifer Rigby LONDON (Reuters) - New highly-effective weight loss drugs such as Novo Nordisk's Wegovy are not a "silver bullet" for addressing the rapid rise in global obesity rates, the World Hea...
May 12, 2023
UK economy shows 0.1% growth in first quarter of 2023: ONS
LONDON (Reuters) - British gross domestic product grew by 0.1% in the first three months of 2023, figures from the Office for National Statistics showed on Friday. Economists polled by Reuters had mos...
May 12, 2023
G7 finance heads face tricky trade-off in debating steps to counter China
By Leika Kihara and Andrea Shalal NIIGATA, Japan (Reuters) - Finance leaders of the Group of Seven (G7) advanced economies will debate this week the idea of implementing targeted controls on investmen...
May 12, 2023
China cbank set to keep policy rate unchanged in May
SHANGHAI/SINGAPORE (Reuters) - China's central bank is likely to keep its medium-term policy rate unchanged when rolling over such maturing loans on Monday, despite a slew of recent data pointing to f...
May 12, 2023
Japan weather bureau: 80% chance of El Nino by northern hemisphere summer
TOKYO (Reuters) - Japan's weather bureau said on Friday that conditions were nearing for the El Nino phenomenon to form in the equatorial region of the Pacific, and that there was an 80% chance that i...
May 12, 2023
Russia’s war on Ukraine latest: Moscow denies reports of Ukrainian breakthroughs
(Reuters) - Russia's defence ministry on Thursday denied reports that Ukrainian forces had broken through in various places along the front lines and said the military situation was under control. Mos...
May 12, 2023
Allianz posts big rise in profit after year-earlier charge
FRANKFURT (Reuters) -Germany's Allianz on Friday posted a big rise in first-quarter net profit, rebounding after taking charges a year ago for a U.S. funds scandal. The quarterly jump in profit of 329...
May 12, 2023
Norwegian Air reports Q1 loss, eyes seasonal summer boost
OSLO (Reuters) -Norwegian Air reported a first quarter loss on Friday, and said strong booking numbers would give the budget carrier a boost for the upcoming summer season. The January-March net loss ...
May 12, 2023
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