TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Tuesday that first-quarter profit more than doubled on robust demand for artificial intelligence servers and after coming off a low base a year ago.
Last month, the company said first-quarter revenue slid 10% from a year earlier but it has been bullish about 2024.
Net profit for January-March for Apple's top iPhone assembler... (continue reading...)
TOKYO (Reuters) - Japan's Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it exceeded analysts' estimates in the fourth quarter as strong sales growth in the United States offset a decline in China.
Japan's second-largest automaker by volume forecast full-year operating profit would rise to 1.42 trillion yen ($9.13 billion) compared with an average profit estimate of 1.39 trillion yen in a poll of 22 analysts by... (continue reading...)
By Suban Abdulla and David Milliken
LONDON (Reuters) -Britain's economy grew by the most in nearly in three years in the first quarter of 2024, ending the shallow recession it entered in the second half of last year and delivering a boost to Prime Minister Rishi Sunak ahead of an election.
The Office for National Statistics said gross domestic product expanded by 0.6% in the three months to March, the strongest expansion since the fourth... (continue reading...)
By Joan Faus
BARCELONA (Reuters) - Catalans vote on Sunday in a regional election that could determine the stability of Spain's Socialist-led government and also gauge the strength of a pro-independence movement that has roiled the country for a decade.
A government led by Prime Minister Pedro Sanchez's Socialist party in Catalonia after a decade of separatist governments would usher in a new era, said political scientist Toni Rodon.
... (continue reading...)By Mike Dolan
LONDON (Reuters) - Worried about a hawkish Fed, over-valued stocks, teetering debt piles, volatile currencies, cliffhanger elections or rancorous geopolitics? Relax and don't over-think it.
For those with long-term savings horizons, the temptation to overtrade and overpay fees for sophisticated investment management, esoteric financial products and expensive hedging may just not be worth it.
Despite a... (continue reading...)
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence