Honda Nissan merger talks Nikkei reports

Honda Nissan merger talks Nikkei reports

Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024.  Richard A. Brooks | Afp | Getty Images Nissan Motor shares surged Wednesday following a media report that … Read more

BABA posts 58% profit jump but sales miss

BABA posts 58% profit jump but sales miss

Alibaba Offices In Beijing Bloomberg | Bloomberg | Getty Images Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness in the world’s second-largest economy hit consumer spending. Alibaba said net income rose 58% year on year to 43.9 billion yuan ($6.07 billion) in the company’s … Read more

Gaming giant raises FY sales guidance

Gaming giant raises FY sales guidance

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 … Read more

Gaming giant raises FY sales guidance

Gaming giant raises FY sales guidance

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year Thursday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 billion), … Read more

Nintendo cuts Switch sales forecast to 12.5 million as demand fades

Nintendo cuts Switch sales forecast to 12.5 million as demand fades

Mario poses at the “SUPER NINTENDO WORLD” welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The Japanese gaming … Read more

StanChart Q3 2024 earnings

StanChart Q3 2024 earnings

Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Standard Chartered on Wednesday upgraded its 2024 income guidance as it posted profits in the third quarter that beat expectations, driven by record performance in its wealth management business. Here are StanChart’s results for the quarter, compared with LSEG SmartEstimate, which … Read more

HSBC Q3 2024 earnings

HSBC Q3 2024 earnings

HSBC Holdings Plc building at Canada Square in Canary Wharf financial district on 15th August 2023 in London, United Kingdom.   Mike Kemp | In Pictures | Getty Images Europe’s largest lender HSBC on Tuesday announced it will repurchase up to $3 billion in shares as it issued a third-quarter earnings report that beat analyst estimates, … Read more

Alibaba earnings miss expectations despite cloud acceleration

Alibaba earnings miss expectations despite cloud acceleration

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Friday, Aug. 2, 2024. Qilai Shen | Bloomberg | Getty Images Alibaba missed top and bottom line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. … Read more

Samsung Galaxy Ring launch: Price, specs, feature, availability

Samsung Galaxy Ring launch: Price, specs, feature, availability

The Samsung Galaxy Ring has the ability to track various health metrics such as heart rate. It is Samsung’s first foray into the smart ring category of product as it hopes to keep users locked into its ecosystem of devices from smartwatches to smartphones. Arjun Kharpal | CNBC PARIS — Samsung launched the Galaxy Ring … Read more

India PM Narendra Modi meeting Russian President Vladimir Putin in Moscow

India PM Narendra Modi meeting Russian President Vladimir Putin in Moscow

Russian President Vladimir Putin speaking to Indian Prime Minister Narendra Modi during their meeting at Taj Exotic Hotel on October, 15, 2016 in Benaulim, Goa, India. Mikhail Svetlov | Getty Images News | Getty Images India’s Prime Minister Narendra Modi is set to meet President Vladimir Putin in Moscow on Monday, marking his first visit … Read more