SoftBank fund cuts stake in India’s Zomato in $115-million deal
(Reuters) – SoftBank (TYO:9984) Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a…
July sales jump helps Toyota reach monthly record
Toyota Motor (NYSE:TM) released their sales numbers for the month of July on Wednesday, reporting an 8% rise compared to…
Visa, Mastercard to raise credit card fees
Visa (NYSE:V) and Mastercard (NYSE:MA) are reportedly preparing to raise their credit card fees, as reported by the Wall Street…
Explainer-Why is France struggling to lower supermarket prices?
(Reuters) – Finance Minister Bruno Le Maire is meeting France’s top supermarkets and their suppliers on Wednesday and Thursday to…
Explainer-What happened to shut down Toyota’s production in Japan?
(Reuters) -Toyota Motor was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for…
S&P 500, Nasdaq futures dip with more economic data on tap
(Reuters) – Futures tracking the S&P 500 and the Nasdaq dipped on Wednesday as investors remained cautious in a data-heavy…
Sogo & Seibu sale to go ahead, triggering rare workers’ strike in Japan
(Reuters) – Seven & i will sell department store unit Sogo & Seibu on Sept. 1, a source with direct…
Johnson & Johnson updates its FY guidance following Kenvue separation
Johnson & Johnson (NYSE:JNJ) has made updates to its financials and 2023 guidance after the completion of the Kenvue (NYSE:KVUE)…
HP delivers softer annual guidance as Q3 revenue falls short of estimates; analysts disappointed
HP reported fiscal third-quarter revenue that fell short of Wall Street estimates and weaker-than-expected annual earnings guidance amid a weaker…
Meta pins pro-China influence campaign on Chinese law enforcement
(Reuters) – Facebook parent company Meta said on Tuesday it had uncovered links between people associated with Chinese law enforcement…