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TOKYO (AP) — Japanese technology investor Softbank Group Corp. reported Wednesday that profits for the fiscal year through March zoomed by nearly five-fold from the previous year as its AI investments paid off. The Tokyo-based company recorded an annual profit of 5 trillion yen ($32 billion), far greater than the 1.15 trillion yen profit racked up the previous year. Sales climbed nearly 8% on-year to nearly 7.8 trillion yen ($50 […]

By Alexander Chituc May 13 (Reuters) – Amnesty International and Human Rights First on Wednesday urged Poland to stop cooperating with U.S. deportation flights transferring Ukrainian nationals via its territory, saying the practice may breach international law. In a joint statement, the groups said U.S. Immigration and Customs Enforcement (ICE) had carried out at least two such operations via Poland in November 2025 and March 2026, deporting more than 50 […]

By Huseyin Hayatsever and Lucy Papachristou ANKARA/LONDON, May 13 (Reuters) – Turkey lifted some customs restrictions on Armenia on Wednesday, paving the way for direct trade links between the two countries in a further sign of normalising ties after over 30 years of strained relations. Turkey was one of the first countries to recognise Armenia’s independence from the Soviet Union in 1991, but it closed its border and halted direct […]

ROME, May 13 (Reuters) – Four people who have been under observation in Italy for possible hantavirus infection have all tested negative, the Italian health ministry said on Wednesday. Tests were conducted on an Argentine tourist hospitalised with pneumonia, a man from the southern Italian region of Calabria who was in voluntary isolation, a British tourist located in Milan and a companion travelling with him. Tests conducted in hospitals in […]

BEIJING/SINGAPORE, May 13 (Reuters) – Tencent Holdings reported first-quarter revenue growth of 9% on Wednesday, as China’s largest social media and gaming company benefited from robust demand for its games and expanding artificial intelligence services. The Shenzhen-based company posted revenue of 196.5 billion yuan ($28.94 billion) for the three months ended March 31, compared with 198.96 billion yuan expected by analysts polled by LSEG. Net profit came in at 58.1 […]

By Camillus Eboh ABUJA, May 13 (Reuters) – Nigeria’s military said on Wednesday that there has been no evidence of civilian casualties from an airstrike on militants in the northwest Zamfara state this month, calling reports of large death tolls unverified and misleading. Amnesty International said this week that at least 100 civilians were killed in the May 10 airstrike on a crowded market in Tumfa village, urging authorities to […]

YOKOHAMA, Japan, May 13 (Reuters) – Nissan on Wednesday reported an operating profit of 58.0 billion yen ($367.60 million) for the year that ended in March, as an improved cost performance and a one-off boost tied to U.S. emissions regulations offset a hit from Washington’s tariffs. Analysts, according to an LSEG survey, expected the automaker to report a fiscal year loss of 60 billion yen. In the year-earlier period, it […]

By Rachel More BERLIN, May 13 (Reuters) – Volkswagen’s controlling family shareholders piled pressure on the automaker to overhaul its business model on Wednesday after the German company’s ongoing problems led to a drop in first-quarter profit at their holding group. Porsche SE, the holding company of the Porsche-Piech auto dynasty and Volkswagen’s largest investor, posted a 21% drop in adjusted profit after tax of 382 million euros ($469 million) […]

May 13 (Reuters) – Japanese investors turned net sellers of foreign stocks for the first time in four months in April, as concerns over higher energy costs from the Iran war and the risk of broader inflation prompted caution on overseas equities. They divested a net 636.4 billion yen ($4.04 billion) of foreign stocks last month, logging the largest monthly net sales since October 2025, data from the Ministry of […]