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Honda Motor Expects Annual Profit to Fall
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Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
Honda expects hybrid boom to last until end of decade
Consumers have turned to hybrids because of worries about EV costs and charging infrastructureFinancial Times - World -
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.CNBC - Business -
Japan Government Bond Yields Climb on Expectations BOJ Could Reduce Bond Purchases
Japanese government bond yields rose on expectations the Bank of Japan could lower its bond buying in the coming months to support the weakening yen, Deutsche Bank Research said.The Wall Street Journal - World -
Everrati and W Motors join forces
Yahoo News - World -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
Ohtani Day to be annual celebration in L.A.
The city of Los Angeles has declared May 17 Shohei Ohtani Day, with the city council passing a resolution to make this an annual observance for the duration of Shohei Ohtani's Dodgers career.ESPN - Sports -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Social Security’s annual report is terrible news for seniors
The revised forecast doesn’t mean we can worry lessMarketWatch - Business
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Palestinians Struggle for Food and Water After Fleeing Rafah
Many of the 800,000 who left the city huddle in tents on a crowded beach, with little in the way of amenities or humanitarian aid. “It’s a constant battle for survival,” a refugee says.The Wall Street Journal - World -
Trump Trial Judge Clashes With Defense Witness: 'Are You Staring Me Down Right Now?'
Prosecutors rested their case in Trump’s hush-money trial after four days of testimony by Michael Cohen, onetime fixer to the former president.The Wall Street Journal - World - Donald Trump -
ICC Prosecutor Seeks Arrest Warrants for Netanyahu, Hamas Leader Sinwar
The International Criminal Court’s prosecutor said there were grounds to believe the men bore responsibility for war crimes and crimes against humanity.The Wall Street Journal - World -
Iranian President, Foreign Minister Killed in Helicopter Crash
Ebrahim Raisi’s death deprives Supreme Leader Ayatollah Ali Khamenei of a longtime ally as Tehran angles for regional dominance.The Wall Street Journal - World - Iran -
Tech, Media & Telecom Roundup: Market Talk
Read about Freightos, Baidu and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World