German drug and farming supplies company Bayer posted a 45 percent gain in quarterly core earnings thanks to the acquisition of seed maker Monsanto, while the legal burden it took on with the deal increased.
Finnish telecom network equipment maker Nokia reported a surprise quarterly loss on Thursday, citing hard competition in its core networks business.
French carmaker PSA Group said first-quarter revenue fell 1.1 percent, as sales continued to decline in China and were also impacted by the Peugeot maker’s withdrawal from Iran.
Finnish telecom network equipment maker Nokia reported a surprise quarterly loss on Thursday, citing hard competition in its core business, the networks unit.
Swedish bank Swedbank reported first-quarter profit above market expectations on Thursday but admitted to past anti money-laundering shortcomings and said it was cooperating with authorities, including those of the United States.
Former Nissan Motor Chairman Carlos Ghosn was set to walk out of a Japanese detention center for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court on Thursday.
Asian shares slipped on Thursday as a surprise deterioration in German and South Korean economic data rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week.
Panasonic Corp may upgrade one of its battery plants in Japan to produce advanced-format battery cells for Tesla Inc if needed by the U.S. electric vehicle (EV) maker, a person familiar with the matter told Reuters on Thursday.
Former Nissan Motor Co Chairman Carlos Ghosn looked set to walk out of a Japanese detention center for the second time since his arrest last year on financial misconduct charges, after a Tokyo court on Thursday set his bail at $4.5 million.
A SoftBank Corp business seeking to find a way to fly cellphone antennas high in the atmosphere to provide internet in underserved areas said on Wednesday it was investing $125 million in an Alphabet Inc spinoff working on the same problem.
A Tokyo court on Thursday approved a bail request from ousted Nissan Motor Co Chairman Carlos Ghosn, setting his bail at 500 million yen ($4.5 million), the court said in a statement.
Asian shares slipped on Thursday as a surprise deterioration in German business morale rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week.
Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.
Thailand is set to see the most funds raised from IPOs in Southeast Asia this year, with more than $5 billion expected to be garnered in the second half, sources said, as a tourist boost to the economy trumps jitters stoked by inconclusive elections.
Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third.
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