Category Archives: (Fargo | KFGO | kfgo.com) World News
China smartphone market perks up as sales of new Xiaomi model off to roaring start
By Yelin Mo and Brenda Goh BEIJING (Reuters) - Xiaomi's sales of more than 1 million units of its latest flagship smartphone in the week since its launch are a fresh sign that a slump in China's phone...
Nov 09, 2023
Italy’s Nexi confirms guidance after earnings meet forecasts
MILAN (Reuters) - Italy's Nexi on Thursday confirmed its 2023 guidance after meeting forecasts with quarterly revenue and core profit though slower summer activity this year compared with 2022 curbed ...
Nov 09, 2023
Sony Q2 profit falls 29%, hit by chips division
By Sam Nussey TOKYO (Reuters) - Sony's operating profit fell 29% in the July-September quarter, below estimates, as the company was hit by a weaker performance at its image sensor and financial divisi...
Nov 09, 2023
SoftBank books $5.2 billion quarterly loss as investments and weak yen bite
TOKYO (Reuters) -SoftBank Group on Thursday booked 789 billion yen ($5.22 billion) loss, marking its fourth straight quarter in the red, as it wrote down the value of some investments and a weak yen l...
Nov 09, 2023
Honda posts 31% Q2 operating profit jump, raises full-year forecast
TOKYO (Reuters) -Japan's Honda Motor posted a 31% increase in operating profit for the September quarter on Thursday, lifted by stronger sales in the United States and a weaker yen, and raised its ful...
Nov 09, 2023
China’s e-commerce platforms not doing enough on climate -Greenpeace
SINGAPORE (Reuters) - China's top e-commerce platforms have made insufficient effort to steer consumers onto a more sustainable path that would help protect the environment and combat climate change, ...
Nov 08, 2023
China’s LONGi jumps on probe into Hillhouse unit’s stake transfer
SHANGHAI/HONG KONG (Reuters) - Shares of LONGi Green Energy Technology jumped on Thursday, after the company said an investment arm of Hillhouse was placed under regulatory probe for transferring shar...
Nov 08, 2023
Qatar wealth fund eyeing investment opportunities in China’s retail, tech sectors
BEIJING (Reuters) - Qatar's sovereign wealth fund Qatar Investment Authority is examining opportunities to invest in China's retail, healthcare, tech and logistics sectors, said Abdulla Al-Kuwari, hea...
Nov 08, 2023
Thailand, Toyota to jointly develop domestic EV industry
BANGKOK (Reuters) - Thailand will work with Toyota Motor Corp in developing the country's electric vehicle (EV) industry, Prime Minister Srettha Thavisin said after a meeting with the automakers' exec...
Nov 08, 2023
Japan’s efforts to foster chip sector are ‘impressive’ – research org head
By Sam Nussey TOKYO (Reuters) - Japan's efforts to regain its position as a leading manufacturer of chips are "impressive", the head of a leading chip research organisation said on Thursday. "Japan th...
Nov 08, 2023
