Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch
While hardware sales took a hit in Sony’s fourth-quarter, strong revenue from its image sensing and music businesses offset the dip.
Commerzbank boss pledges to defend shareholders in UniCredit takeover battle
Commerzbank said it would defend the interests of its shareholders as it fends off an acquisition move from UniCredit
Gilt yields ease as UK PM Starmer says ‘tough’ election results won’t make him quit
The U.K. is counting votes after an election of local councilors and devolved governments on Thursday.
Billion-dollar bets: Global investors chase Indian Premier League to ride booming cricket economy
India is the world’s fastest-growing consumer market, and with cricket commanding near-religious devotion, investors are rushing to own IPL franchises.
Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites
Nintendo said the price of the Switch 2 in the U.S. will rise from $449.99 to $499.99. In Japan, Nintendo will hike the price from 49,980 yen to 59,980 yen.
European stocks open lower with Trump’s EU tariff threats, UK election in focus
European equity markets opened lower on Friday, after U.S. President Donald Trump threatened new tariffs on the EU.
Tech stocks could offer their best value in years, analysts say, after stellar earnings season
A succession of strong earnings seasons since then has allowed tech stocks to “grow into” their stock prices.
CNBC Daily Open: Leadership challenge swirls around Starmer
U.K. Prime Minister Keir Starmer is facing fresh pressure, as his Labour party suffers heavy losses in local elections across Britain.
Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump
The world’s largest automaker by sales volume saw a 1.89% year-on-year rise in revenue during the fourth quarter ended March.
