New York State to Debut First Cybersecurity Strategy
State will upgrade networks, provide free cybersecurity tools and consider new regulations
Jeff Bezos’ Blue Origin Plots Launch of Its Mega Rocket. Next Year. Maybe.
The company aims to launch New Glenn, a huge rocket with a reusable booster, on its first flight next year.
NYSE, Nasdaq Battle for New Listings
Nasdaq wins Instacart and Arm, while NYSE snags Birkenstock and Klaviyo.
Banks’ Problems Aren’t Over, According to the Bond Market
Moody’s downgrade of several banks highlights how bonds are showing less relief on banks than their shares.
Delivery Hero Surges After Revenue Guidance Upgrade
Delivery Hero now projects revenue growth of roughly 15% at constant currency for 2023 after it posted second-quarter growth ahead of views.
Oil Price Rises on Fears of Black Sea Disruptions
Oil prices edged higher, adding to the prior day’s gains as fears that Ukraine could continue to attack ships heading to Russian […]
Dollar Falls as Stocks Rebound
The safe-haven dollar turned lower after stocks rebounded, but MUFG expects the currency to remain supported, given a mostly risk-averse environment.
Honda More Than Doubled First-Quarter Net Profit as Car Business Recovered
Honda Motor’s first-quarter net profit more than doubled from a year earlier, driven by a sharp recovery in earnings at its car […]
Japanese Carmakers See Next Few Years as Fight for Survival in China
Nissan, Mazda and others rush to add electric vehicles to match Chinese competitors.
TUI Swings to Profit
TUI reported an underlying Ebit of €169.4 million in the third quarter, and said its summer bookings were at 95% of the […]
Sony Group’s First-Quarter Net Hurt by Weaker Movie, Financial Earnings
Sony Group’s first-quarter net profit fell 17% from a year earlier due to weaker earnings from movie and financial businesses.
Vestas Earnings Miss Views but Maintains Guidance
Vestas posted a larger-than-expected net loss of €115 million in the second quarter but backed its full-year guidance after seeing strong growth […]