Business

SoftBank posts profit beat boosted by $8.2 billion investment gain from Intel

SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.

SoftBank Profit Beats Expectations

SoftBank Group Corp. reported a smaller-than-expected decline in quarterly net income, helped by a rally in its chip-stock holdings. OpenAI’s Japanese backer is in the spotlight alongside concerns about climbing debt levels that AI service…

More Filipinos out of work as unemployment rate hits 4.9% in June

MANILA, Philippines — The country’s unemployment rate climbed to 4.9 percent in June, up from 4.8 percent in May, as the number of jobless Filipinos increased to 2.59 million from 2.50 million, the Philippine Statistics Authority (PSA)…

ADA acquires Algonomy, strengthening its intelligent growth platform for a fully agentic experience

ADA, The Data and AI Experience Company, today announced it has completed acquisition of Algonomy, a leader in agentic ...

Raleigh owner starts insolvency proceedings

Accell, based in the Netherlands, has owned the famous bike brand since 2012.

German factory orders rise faster than expected; Asian shares fall on tech pullback – business live

Germany’s biggest arms maker Rheinmetall slashes outlook after cancelled government contract; crude oil prices hold below $80 a barrel Good morning, and welcome to our rolling coverage of business, the financial markets and the world…

Putin thanks Japarov for attention to strengthening mutually beneficial cooperation

The Russian president addressed participants of the 8th Russian-Kyrgyz Economic Forum and the 12th Russian-Kyrgyz Interregional Conference in a video message

Trade turnover between Russia, Kyrgyzstan up by more than quarter in 2025 — Putin

More than 2,000 companies with Russian capital operate in Kyrgyzstan, the Russian leader said

Nintendo Q1 operating profit jumps 151%, beating analyst estimates

Nintendo first-quarter net profit jumps more than 50%

‘Desperate’ Trump running out of options in Iran war as Tehran exploits Hormuz leverage

The United States is staring a historic “strategic defeat” in the face five months after launching the Iran war at Israel’s behest, according to Middle East observers. The Islamic Republic is unlikely to fully relinquish its new-found…

SoftBank books lower Q1 profit, gain on Intel stake