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Nintendo posts quarterly profit rise, sees no major hit from chip price spike
Reuters· 2026-02-03 06:34
Japan's Nintendo on Tuesday posted an 23% jump in quarterly profit on robust sales of its Switch 2 console and said a surge in memory chip prices is not having a major impact on earnings in the curren... ...
Airbus CEO says supply chains are a challenge
Reuters· 2026-02-03 06:30
Core Insights - Airbus is currently experiencing significant challenges in its supply chain, which has resulted in a backlog of aircraft deliveries [1] Company Summary - The CEO of Airbus, Guillaume Faury, highlighted the ongoing supply chain issues that the company is facing [1]
Siltronic's preliminary results beat estimates, flags weak 2026
Reuters· 2026-02-03 06:17
German semiconductor wafer supplier Siltronic on Tuesday reported preliminary fourth-quarter results with core profit and revenue beating market expectations. ...
Amundi beats forecasts, CEO says clients want safety from dollar
Reuters· 2026-02-03 06:09
Europe's largest asset manager, Amundi , on Tuesday reported higher-than-expected net inflows in the fourth-quarter, and the CEO said clients were seeking diversification in Europe and away from the U... ...
Air India checking fuel switches on its Boeing Dreamliners, memo says
Reuters· 2026-02-03 06:00
Core Insights - Air India has initiated checks on the fuel switches of its Boeing Dreamliner aircraft following a report from a pilot about a potential defect in the mechanism of one of the long-haul jets [1] Group 1 - Air India is taking proactive measures to ensure the safety of its fleet by inspecting the fuel switches on its Boeing Dreamliner aircraft [1] - The inspection was prompted by a report from a pilot regarding a possible defect, indicating a focus on addressing safety concerns [1] - This action reflects the company's commitment to maintaining operational safety and reliability in its long-haul operations [1]
Sleep device maker ResMed ramps up doctor outreach to tap Ozempic surge
Reuters· 2026-02-03 05:29
Core Viewpoint - ResMed, a maker of sleep-breathing devices, is launching a global doctor education program to promote the screening of patients seeking Ozempic-style weight loss drugs for sleep apnea [1] Group 1: Company Initiatives - ResMed plans to implement a global education program aimed at doctors to enhance awareness and screening for sleep apnea among patients using GLP-1 receptor agonists like Ozempic [1] - The initiative reflects ResMed's commitment to addressing the intersection of weight loss treatments and sleep health [1] Group 2: Industry Context - The rise in popularity of Ozempic and similar weight loss drugs has prompted a need for increased screening for sleep apnea, as these medications can impact respiratory health [1] - The program aims to educate healthcare providers on the importance of screening for sleep apnea in patients who are prescribed these weight loss medications [1]
India to ramp up purchases of US oil, arms, aircraft
Reuters· 2026-02-03 04:46
India is also partly opening up its highly guarded agriculture sector under the trade deal. ...
Australia's Qantas to exit Jetstar Japan to focus on domestic operations
Reuters· 2026-02-03 03:20
Group 1 - Qantas Airways is divesting its stake in Jetstar Japan to concentrate on its core domestic operations [1] - The decision reflects a strategic shift away from budget international businesses [1]
Toyota supplier Denso slashes full-year operating profit forecast on higher costs
Reuters· 2026-02-03 02:30
Japan's Denso , a major auto parts supplier to Toyota , slashed its full-year operating profit forecast by nearly a fifth mainly due to U.S. import tariffs and rising material costs. ...
Exclusive: SpaceX, xAI set share exchange ratio at 0.1433, source says
Reuters· 2026-02-03 02:28
Investors in Elon Musk's xAI will receive 0.1433 shares of SpaceX for every share of xAI as part of the satellite company's purchase of the billionaire entrepreneur's artificial intelligence company, a source familiar with the matter said on Monday. ...