Japan's Rakuten Inc reported an unexpected quarterly loss on Thursday, hit by the depressed value of its investment in ride-hailing firm Lyft Inc and heavy spending on a new wireless service.
Rovio Entertainment, the maker of the 10-year-old "Angry Birds" mobile game series, reported a lower quarterly profit on Thursday due to expansion costs related to its 5G gaming platform Hatch.
Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant position in smartphone apps, Russia's anti-monopoly watchdog said on Thursday.
Japan's Toshiba Memory, the world's No.2 producer of NAND flash memory chips, on Thursday reported a bigger loss for the first quarter ended June, versus the previous three months, hit by a downturn in the chip market and a temporary plant suspension.
Rovio Entertainment, the maker of the 10-year-old "Angry Birds" mobile game series, reported a lower quarterly profit on Thursday due to expansion costs related to its 5G gaming platform Hatch.
SINGAPORE: Retail sales in Singapore dropped 8.9 per cent in June 2019 compared to a year ago, according to figures released by the Department of Statistics (Singstat) on Thursday (Aug 8). The estimated total retail sales value in June was about S$3.5 billion, with online retail sales making up...
Food giant Nestle on Thursday started selling Starbucks-branded coffee in mainland China, seeking to tap growth in a market where it says coffee consumption per capita remains low compared to global standards.
LONDON: In 2008, Peter Bellerby set out to buy his father a high quality handmade globe as an 80th birthday present. When he could not find one, the Briton decided to make it himself - and, in the process, catapulted himself into a new profession. Just over a decade later,...
Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region.
A quarter of Lyft Inc customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the expensive growth area may eventually benefit the core ride-hailing business.
