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SoftBank Group has been actively investing in AI under its flamboyant founder and CEO Masayoshi Son (R)

Japan's SoftBank Posts $7.8 Bn Annual Net Profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years.
US Treasury Secretary Scott Bessent (L) and Trade Representative Jamieson Greer hailed 'substantial progress' in the trade talks with China

Markets Rally After China, US Slash Tariffs

Stock markets, the dollar and oil prices rallied Monday after Chinese and US officials slashed tit-for-tat tariffs for 90 days, fuelling hopes the two sides will pull back from a standoff that has rattled global markets.
Donald Trump said he would announce a 'a major trade deal' with 'a big, and highly respected, country' later in the day

Stocks Rise As Trump Signals US-UK 'Trade Deal'

Stock markets and the dollar rose Thursday as US President Donald Trump touted plans to unveil a "major trade deal" with Britain, boosting hopes for other countries' tariff negotiations.
In early April, Nintendo revealed details about the Switch 2, a hybrid console like its predecessor

Nintendo Forecasts 15 Million Switch 2 Sales In 2025-26

Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 console in the current financial year but warned US tariffs could hit its bottom line.
TikTok has been in the crosshairs of Western government for years over fears personal data could be used by China for espionage or propaganda purposes

TikTok Fined 530 Mn Euros In EU Over China Data Transfer

TikTok was hit with a massive EU fine of 530 million euros ($600 million) Friday, accused of sending personal data of Europeans to China and failing to guarantee it was shielded from access by Chinese authorities.
US President Donald Trump moved Tuesday to soften the blow from the 25-percent tariffs that he imposed on car imports earlier this month

More Automakers Drop Earnings Guidance Over Tariffs

Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.
Adidas has warned US tariffs could hit its earnings

Pricier Trainers? Adidas Warns On US Tariff Impact

German sportswear giant Adidas on Tuesday warned that US President Donald Trump's tariffs will increase prices for its products in the United States, and the hardline trade policies could dent its ongoing recovery.
Spotify s among the winners on Wall Street since the start of the year, with its share price up 34 percent

Spotify Posts Record Profit In First Quarter

Music streaming giant Spotify on Tuesday reported a 12-percent rise in paying subscribers in the first quarter to 268 million, along with a record operating profit.

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