Business

Nintendo logs record pandemic profit but outlook cautious

Nintendo reported a record annual profit Thursday after virus lockdowns caused sales of its blockbuster Switch console to soar, but the Japanese gaming giant warned that its bumper pandemic year would be hard to repeat.

Business

Nokia back in black in first quarter thanks to 5G

Finnish telecoms giant Nokia said Thursday that it returned to profit in the first quarter, boosted by stronger-than-expected demand for 5G products, but it kept its cautious outlook for 2021.

Business

Total's profits surge past pre-pandemic levels

French energy giant Total posted a sharp increase in quarterly profits on Thursday, outstripping pre-pandemic levels as oil prices rebounded from the doldrums of the coronavirus crisis.

Philips sees hit from product safety fault

Dutch firm Philips said Monday it anticipates a hit of up to 250 million euros ($302 million) from a possible safety risk in some sleep and respiratory care products, even as first quarter profits edged higher.

Automotive

Nissan upgrades annual forecast despite Q3 net loss

Crisis-hit Japanese carmaker Nissan on Tuesday upgraded its full-year forecast for the second straight quarter, as the global auto industry shows signs of recovery from the coronavirus pandemic.

page 1 from 10