May 12 Reuters Apple said on Friday it would open its first online store in Vietnam next week, as the iPhone vendor doubles down on emerging markets to drive growth amid slowing sales in China. The opening on May 18 comes just weeks after the Cupertino, Californiabased company opened its first Apple stores in India  Mumbai and […]

TOKYO, May 11 Reuters Japan39;s Honda Motor Co on Thursday forecast a 19.1 rise in operating profit for this business year, after it missed analysts39; estimates in the fourth quarter. Japan39;s secondbiggest automaker forecast fullyear operating profit rising to 1.0 trillion yen 7.40 billion compared with a 985.62 billion yen average profit expected by 21 analysts. […]

DUBAI, May 11 Reuters Emirates airline said on Thursday it had committed 200 million to a research fund focusing on reducing the impact of fossil fuels in commercial aviation, because hitting net zero emissions targets would not be possible with currently available options. Emirates President Tim Clark said the biggest impediment for airlines in reducing […]

TOKYO, May 11 Reuters Sharp Corp, the Japanese electronics maker owned by Taiwan39;s Foxconn, posted on Thursday a fullyear loss of 1.9 billion after writing down the value of its panel display business and a swathe of other assets. The supplier of sensors and screens for Apple Inc39;s iPhone reported a group net loss of 261 billion […]

Q1 profit plunges to T12.8 bln vs forecast of T29.18 bln Foxconn takes 565 mln writeoff linked to Sharp stake Says it expects 2023 revenue to be flat Sees revenue for consumer electronics products falling in Q2 TAIPEI, May 11 Reuters Apple Inc supplier Foxconn on Thursday posted a 56 plunge in firstquarter net profit, lagging forecasts […]

TOKYO, May 11 Reuters Japan39;s Nissan Motor Co on Thursday said it expects profit to rise 38 this year on a better outlook for sales, a rosier prospect for the automaker after years of setbacks that included a strained alliance with partner Renault SA. The two car companies are now retooling their decadesold automaking partnership, dismantling […]

May 10 Reuters Shares of Rivian Automotive Inc rose 7 on Wednesday as its positive earnings stood out in a poor quarter for electricvehicle startups, but analysts warned that stiff competition will be a hurdle in its path to profitability. The company looked set to add nearly 800 million to its market valuation, based on premarket […]

BERLIN, May 10 Reuters Continental confirmed its 2023 outlook on Wednesday as a result of strong firstquarter results, with sales increasing 11.1 to 10.3 billion euros 11.34 billion. The German automotive parts company said adjusted earnings before interest and taxes had risen 35 to 578 million euros in the quarter, with particularly strong sales in its […]

Expects fullyear operating profit to climb to 22.2 bln Targets 10.1 mln vehicle production in new FY, up 11 YY Q4 profit jumps 35, beats forecasts; record annual revenue Shares close up 0.8 after rising as much as 2.5 TOKYO, May 10 Reuters Toyota Motor Corp on Wednesday said it expects operating profit to climb 10 […]

May 10 Reuters U.S.German medical device maker Siemens Healthineers on Wednesday said it was discontinuing its heart surgery robot business as it posted a 30 drop in secondquarter operating profit on shrinking demand for COVID19 tests. The group said it would take a 329million euro 362 million writedown on the robotassisted endovascular cardiology business, which it […]