Sony hikes FY profit forecast by 4.5% on foreign exchange boost
Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the boost from foreign exchange fluctuations at units including the music business offset gaming weakness.
U.S. retail sales unexpectedly rebound in boost to economic growth
WASHINGTON, July 16 (Reuters) – U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services, bolstering expectations that economic growth accelerated in the second quarter. The rebound in sales reported by the Commerce Department on Friday was despite purchases of motor vehicles declining again […]
Wall Street edges higher on Tesla boost ahead of big tech earnings
Wall Street’s main indexes rose on Monday as Tesla shares gained ahead of the electric-car maker’s earnings report, which would kick off this week’s results from heavyweight technology companies. Tesla Inc (TSLA.O) rose 1.1% as analysts expect the company to report a rise in first-quarter revenue when it reports after markets close following record deliveries during the […]
Hong Kong widens COVID-19 vaccine scheme to under 30s
HONG KONG (Reuters) – Hong Kong authorities said on Thursday that the city’s vaccine scheme would be widened to include those aged between 16 to 29 years old for the first time, as they aim to boost lackluster demand for inoculations in the Asian financial hub.
