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Toyota supplier Denso cuts full-year profit forecast by 21%

TOKYO (Reuters) -Japan’s Denso, a leading supplier to Toyota (NYSE:TM), slashed its full-year operating profit forecast by 21% on Thursday, mainly due to less-favourable...

29 mins ago

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Meta, Microsoft lift AI spending, worrying Wall Street ahead of Amazon results

By Anna Tong, Aditya Soni and Deborah Mary Sophia (Reuters) – Big tech including Microsoft (NASDAQ:MSFT) and Meta (NASDAQ:META) are stepping up spending to...

29 mins ago

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Chinese smartphone maker Honor announces new investors

By David Kirton SHENZHEN, China (Reuters) – Chinese smartphone maker Honor announced on Thursday new investors that included China Telecom (NYSE:CHA) and a unit...

29 mins ago

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Samsung posts weaker profit recovery as it misses out on AI boom

By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) -Samsung Electronics said its third-quarter profit jumped from a year earlier, but the pace of recovery...

2 hours ago

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Blackstone nears $5 billion Rogers investment, the Globe and Mail reports

(Reuters) – Private equity firm Blackstone (NYSE:BX) Inc is bidding C$7 billion ($5.03 billion) for a minority stake in telecom and media company Rogers...

2 hours ago

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Lemonade earnings beat by $0.07, revenue topped estimates

Investing.com – Lemonade (NYSE: LMND) reported third quarter EPS of $-0.95, $0.07 better than the analyst estimate of $-1.02. Revenue for the quarter came...

2 hours ago
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