The Japanese electronics giant Toshiba Corporation in the first half of the 2020-2021 fiscal year (ended September 30) earned a net profit of 3.493 billion yen ($ 32.95 million) against a loss of 145.146 billion yen ($ 1.3 billion) a year earlier. it is said in the company’s reporting.
The company’s operating profit was 3.114 billion yen ($ 29.4 million), which is 16.7 times lower than a year ago. Revenue fell 19.8 percent to 1.371 trillion yen ($ 12.9 billion). The company does not indicate the earnings per share for the first half of the year.
In the second quarter, Toshiba’s net profit was 14.8 billion yen ($ 140 million) against a loss of 4.9 billion yen ($ 44.9 million) a year earlier. Revenue fell 14 percent to 771.562 billion yen ($ 7.2 billion). The company also does not indicate the earnings per share for the second quarter. Operating profit fell 2.8 times year on year to 15.749 billion yen ($ 148.6 million).
The company notes that compared to last year, forecasts operating profit for the 2020-2021 fiscal year at 220 billion yen ($ 2 billion). The company’s losses in the current fiscal year caused by the coronavirus pandemic amounted to 70.2 billion yen ($ 668 million)
Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]
Shares of BlackBerry jumped sharply on auction on December 1 after the news of a partnership with Amazon Web Service. TechCrunch writes that together they will develop and sell a service for connected cars – IVY platform. Stock quotes at the beginning of trading on the New York Stock Exchange (NYSE) rose by 35%. The […]
According to Bloomberg, citing documents submitted to the Securities and Exchange Commission (SEC), the short-term rental service Airbnb plans to raise $ 2.6 billion in listing in the US and receive an estimate of $ 35 billion. If the company manages to raise $ 2.6 billion, Airbnb’s placement will be the fourth largest IPO in […]
Salesforce is one of the world’s largest players in the cloud computing sector. They will buy Slack Technologies, the owner of Slack’s corporate messenger. The Wall Street Journal reports, Messenger will cost Salesforce $ 27.7 billion, which will be the largest acquisition of the company in its history. The terms of the deal include that […]
Before starting flights, Boeing will need to comply with a number of regulatory requirements – retrain pilots and update aircraft software. Boeing shares in the premarket rose by 6.73% to $ 234.16 per share, according to previous trading data. The head of the US Federal Aviation Administration (FAA), Steve Dickson, has signed an order allowing […]
The consolidated net profit of the world’s largest retail chain, American Walmart, for the nine months of 2020-2021 fiscal year (February-October 2020) increased by 44% and amounted to $ 15.714 billion, according to a press release. Walmart’s adjusted net income per share for the nine months was $ 5.48 against $ 3.74 in the same […]
The net loss of the Japanese automaker Nissan Motor in the first half of 2020-2021 fiscal year amounted to 330 billion yen ($ 3.1 billion) against a profit of 65.4 billion yen (about $ 620 million) a year earlier, follows from the financial statements of the company. The loss per share was 84.33 yen ($ […]
The National Bank of Ukraine (NBU) has decided to revoke the banking license and eliminate the Soyuz bank. It is reported by the National Bank press service. The liquidation of the bank will be held under the compact procedure due to violations in the sphere of financial monitoring legislation, – noted in the NBU. “The […]
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In the US, customers in Starbucks stores will be told the code of the drink, with which they can get information about where the grain of their choice was delivered, in what conditions it was grown and fried. Farmers who cooperate with the network, also can track their products. “We’ve been able to keep track […]
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From January to August, Ukraine imported 258,300 passenger cars (both used and new) — 20% more than during the same period in 2024, according to Ukravtoprom, citing data from the State Statistics Service. The total customs value of these vehicles amounted to $3.7 billion, a 25% increase year-over-year. Germany remained the largest supplier, accounting for […]
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Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]
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Two state banks have filed a lawsuit against the Creative regarding the reimbursement of debts. In particular, Ukreximbank wants to recover 57.71 million UAH and $ 7.84 million of arrears on the loan agreement dated November 17, 2008. Also Oschadbank wants to compensate another $ 25.24 million. In addition, Piraeus Bank ICB is trying to […]
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Ukrainian company SkyUp Airlines opens new foreign routes departing from Kyiv, Lviv and Kharkiv. On Tuesdays and Fridays flights are scheduled from Kiev to Belgrade and Stockholm, on Thursdays and Sundays in Bratislava, on Wednesdays and Sundays in Amman, on Mondays and Thursdays in Colombo, on Wednesdays and Saturdays in Dubai. From Lviv on Wednesdays […]
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Technical failure occurred on the Tokyo Stock Exchange, due to which the trading was suspended. This is stated in the statement by Japan Exchange Group, which owns the exchange. “Trading of all shares on the Tokyo Stock Exchange has been suspended due to the failures related to the delivery of the market information, ” – […]
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The global oil market has lost more than $50 billion due to reduced production since the start of the war in Iran, which has been ongoing for nearly 50 days. This is based on calculations by Reuters and estimates from analysts. During this period, more than 500 million barrels of crude oil and condensate have […]
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Holding LVMH Moet Hennessy-Louis Vuitton (LVMH) reported that on Monday, September 28, filed a counterclaim against Tiffany in a Delaware court over a failed merger agreement between the two companies. The French holding and the American jewelry house agreed to merge in November 2019. The parties signed the agreement under which LVMH had to pay […]
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The United States will allocate $100 million to repair the containment structure at the Chernobyl Nuclear Power Plant, which was damaged by a Russian drone. This was announced by Energy Minister Denys Shmyhal. “During the International Chernobyl Conference, we discussed with partners the financial needs for restoring the containment. Today, it amounts to about €500 […]
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Your approach to trading matters. There are times when your trades have more chances to succeed. Try to build your trading plan around the periods with the highest liquidity and make sure to avoid the market in most dangerous times. The Most Suitable Periods Your ability to open and close trades at the best price […]
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The Amsterdam court has seized the assets of the Dutch company Gazprom Neft Middle East (GNME), a subsidiary of Gazprom Neft, according to Russian media citing court documents. The lawsuit was filed by investor Alcazar Capital Partners (Cayman Islands), which has been trying for years to recover a debt from the government of Iraqi Kurdistan. […]
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The Kryukiv Railway Car Building Works (KVBZ) has delivered a batch of new tank cars to the Western Fuel and Energy Company (ZPEK). This was reported by the plant’s press service. “ZPEK LLC’s investment program for the purchase of rolling stock amounts to approximately UAH 250–300 million. Under the signed agreement, KVBZ is currently manufacturing […]
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In September 2020, the Italian company Lamborghini sold 738 cars worldwide. This is a new record for the company, according to its website. At the same time, in the third quarter of 2020, 2,083 Lamborghini cars were sold worldwide. In the spring of this year Lamborghini was forced to close all its plants for two […]
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President of Ukraine Petr Poroshenko has signed the law on the abolition of compulsory registration of foreign investments, which took the Verkhovna Rada of Ukraine on 31 May. This report announced on the website of the President of Ukraine. The law abolishes certain articles of the statutes of the Economic Code of Ukraine and the […]
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China has officially introduced a ban on electronic retractable door handles in electric vehicles, becoming the first country in the world to impose such strict requirements on EV door design. The new rules will take effect on January 1, 2027, and will require automakers to install mechanical door handles both on the exterior and inside […]
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