The South Indian Bank declared a net profit of ₹1,302.88 crore for the 2024-2025 financial year, registering a growth of 21.75% compared to ₹1,070.08 crore in FY 2023-2024. While declaring the ...

(Bloomberg) -- SoftBank Group Corp.’s profit soared 124% after valuations of tech startups like ByteDance Ltd. rose, in a boost for the Japanese company’s aggressive data center investment plans.

The Beijing-based company said Tuesday that net profit jumped 53% to 10.89 billion yuan, equivalent to $1.51 billion, as revenue increased 16% to 301.08 billion yuan. Both measures topped analysts ...

The company held firm with its full-year profit growth outlook, as the impact of tariffs is expected to be limited. Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is ...

Mazda Motor Co. withheld its annual profit guidance after its short-term future, along with most global carmakers, was muddied by US President Donald Trump’s trade war. The Japanese automaker ...

Its streaming services contributed $336 million in profit, and added 1.4 million new subscribers. The move: Disney stock jumped as much as 12% on Wednesday, sending shares to an intraday high of ...

OpenAI has backtracked on plans to turn into a for-profit company after outcry from politicians, civic leaders, and Elon Musk. After "hearing from civic leaders" and attorney generals, the plans ...

"OpenAI was founded as a nonprofit, is today a nonprofit that oversees and controls the for-profit, and going forward will remain a nonprofit that oversees and controls the for-profit," it said.

OpenAI is abandoning plans to turn itself into a for-profit company, keeping the maker of ChatGPT under the control of a non-profit board after intense criticism from Elon Musk. The artificial ...

Construction and infrastructure development company, Julius Berger Nigeria Plc, has reported a 65 per cent decline in its profit after tax for the first quarter ended March 31, 2025, amounting to ...

In a dramatic reversal, the company said Monday it would no longer try to separate control of its for-profit arm from the non-profit board that currently oversees operations. "We made the decision ...

OpenAI will reverse course on its plans to convert into a for-profit business, announcing on Monday its nonprofit will continue to have control of the artificial intelligence firm. In a Monday ...