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…
Citi expects $100-$200 price increases for Apple’s iPhone 15 Pro models
Apple (NASDAQ:AAPL) has announced that its much-anticipated special event will take place on September 12. The “Wonderlust” event will take…
Chinese banks ICBC, BOC post sluggish profit growth
(Reuters) -Two of China’s biggest banks on Wednesday posted sluggish profit growth and shrinking profit margins for the first half…
US SEC accuses Citigroup of record-keeping violations related to underwriting expenses
(Reuters) – The U.S. Securities and Exchange Commission on Tuesday issued a cease-and-desist order against Citigroup (NYSE:C) Global Markets Inc…
Toyota to restart Japan production on Wednesday after system failure
(Reuters) – Toyota Motor will restart operations at its assembly plants in Japan on Wednesday, after a production system malfunction…
Disney diplomacy: US commerce secretary visits China theme park
(Reuters) – U.S. Commerce Secretary Gina Raimondo visited Shanghai Disneyland and a Boeing (NYSE:BA) facility in China Wednesday, touting two…
Australia stocks higher at close of trade; S&P/ASX 200 up 1.21%
Australia stocks were higher after the close on Wednesday, as gains in the Industrials, Gold and Healthcare sectors led shares…