world-business
SoftBank sets up $108B investment fund, with no Saudi money
Tokyo, July (AP/UNB) — Japanese internet company SoftBank Group Corp. has set up a new fund for investing in technologies such as artificial intelligence.
6 years ago
Showdown looms as new British PM wants to redo Brexit deal
London, Jul 25 (AP/UNB) — On his first full day in office, British Prime Minister Boris Johnson urged the European Union on Thursday to rethink its refusal to renegotiate the Brexit deal, setting himself on a twin-track collision course — with the bloc and his own lawmakers — over his vow to leave the EU by Oct. 31.
6 years ago
Nokia gets big profit lift from new-generation 5G networks
Helsinki, Jul 25 (AP/UNB) — Nokia says its second-quarter earnings nearly doubled on the back of orders from telecom operators for new-generation 5G mobile networks that will be commercially launched en masse this year.
6 years ago
Volkswagen increases profits, sales in shrinking markets
Frankfurt, Jul 25 (AP/UNB) — Volkswagen says after-tax profit rose by 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles took a bigger role in the sales mix.
6 years ago
Asian shares higher, Korean Kospi dives after missile launch
Bangkok, Jul 25 (AP/UNB) — Asian shares rallied Thursday after the S&P 500 and Nasdaq closed at record highs, though South Korea's Kospi declined after North Korea launched two short range missiles into the sea.
6 years ago
US back in top 5 innovative economies, China climbs to 14th
United Nations, Jul 25 (AP/UNB) — The United States reclaimed its ranking in the top five countries in the world for economic innovation, while China climbed from 17th to 14th position in the new list of nearly 130 nations released Wednesday.
6 years ago
Ford 2Q profit falls, says more restructuring charges coming
Dearborn, Jul 25 (AP/UNB) — Ford's net profit tumbled 86% in the second quarter due largely to restructuring costs in Europe and South America, and the company said more shake-ups are coming.
6 years ago
Markets Right Now: Stocks are mixed at midday on Wall Street
New York, July 24 (AP/UNB) —Stocks are mixed on Wall Street as investors reward solid earnings results from a some companies and punish others.
6 years ago
Dollar changes hands in lower 108 yen range in early trade in Tokyo
Tokyo, July 24 (Xinhua/UNB) -- The U.S. dollar changed hands in the lower 108 yen zone in early deals in Tokyo on Wednesday, largely in line with its levels in New York overnight.
6 years ago
Asian stocks rise on report of revived US-China trade talks
Beijing, Jul 24 (AP/UNB) — Asian stock markets rose Wednesday following a report U.S. and Chinese trade envoys will meet for talks next week.
6 years ago