business
Telenor Targets Further Growth in Nordics
Telenor intends to become an even more Nordic-focused group over the medium to longer term as it targets further growth in the region, driven by higher sales of services. Source link
SoftBank Sells Its Nvidia Stake for $5.8 Billion
The investment company reported its quarterly net profit more than doubled, driven by gains from its bet on OpenAI. Source link
Vodafone Upbeat on Guidance After Revenue, Earnings Rebound
Results were lifted by a return to growth in Germany and strength in its African operations. Source link
Munich Re Cuts Revenue Guidance Further But Maintains Profit View
The German reinsurer posted higher profit though trimmed its insurance-revenue guidance, as currency fluctuations weighed on the company’s top line. Source link
Sony Group Raises Guidance Amid Smaller Projected Tariff Hit
The Japanese electronics and entertainment company raised its full-year earnings forecasts, thanks to the strength of its music and image-sensor businesses, and projected a smaller tariff hit. Source link
TPG to Seek Bids for Southeast Asia School Operator Valued at Up to $2 Billion
The private-equity firm plans to seek bids next month for its stake in Southeast Asia school operator XCL Education. Source link
Beyond Meat Third-Quarter Loss Widens, Sales Slip Amid Falling U.S. Demand
The plant-based protein company posted a quarterly loss of $110.7 million, compared with a loss of $26.6 million a year earlier. Source link
CoreWeave Reports Doubling of Revenue From AI Boom
The data-center operator said it has a $55 billion sales backlog after a quarter of rapid dealmaking. Source link
Paramount Reports Streaming Growth in First Earnings Since Skydance Merger
Direct-to-consumer revenue, which includes streaming service Paramount+, increased 17% year over year. Source link
Opinion | The Bidding War for New York Refugees
After Mamdani’s win, Tennessee is already trying to lure business. Source link