Reuters

TOKYO (Reuters) - Nippon Steel, Japan's biggest steelmaker, posted on Thursday a 20.8% fall in net profit for the year ended in March to 549.4 billion yen, beating estimates.

Nippon Steel had been expected to post a net profit of 464.6 billion yen, according to a LSEG poll of analysts.

For the year ending in March 2025, Nippon Steel forecast a net profit of 300 billion yen.

The company reiterated that it planned to close... (continue reading...)

LONDON (Reuters) - Britain's ITV said its advertising revenue would jump by around 12% in the second quarter, four times the level achieved in the first, boosted by the Euros soccer championship which kicks off in June.

The company, which broadcast "Mr Bates vs The Post Office" in January, on Thursday reported a 6% drop in total external revenue in the first quarter to 727 million pounds ($908 million).

($1 = 0.8006 pounds)

(Reuters) - Air Vanuatu said on Thursday it had cancelled international flights for the rest of the week, as the Pacific Island nation's government considered placing its national carrier into voluntary administration.

All of Air Vanuatu's international flights between Thursday and Sunday are cancelled, and all later flights are under review, the airline said in a statement.

"The Vanuatu Government is now considering placing Air... (continue reading...)

By Olena Harmash

KYIV (Reuters) - Within days of Russian forces invading Ukraine in early 2022, architect Oleh Drozdov made up his mind: he would move his home and business from the besieged eastern city of Kharkiv more than 1,000 km to the west, far from the fighting.

Now, with the war in its third year, his practice may finally be returning to growth, as businesses like his adapt to the conflict and search out opportunities alongside... (continue reading...)

DUBAI (Reuters) - Iran will have to change its nuclear doctrine if its existence is threatened by Israel, an adviser to Iran's Supreme Leader, Kamal Kharrazi said, raising concerns about an Iranian nuclear weapon.

"We have no decision to build a nuclear bomb, but should Iran's existence be threatened, there will be no choice but to change our military doctrine," Kharrazi said, as reported by Iran's Student News Network on Thursday, adding that Tehran... (continue reading...)