US Business

The group swung to pretax loss on impairment charges, but said it would start a share buyback of up to €500 million after revenue rose.

Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March 2031 from its original plan.

The listing comes as risk appetite has returned to global markets as trade tensions between the U.S. and China have eased.

The decision to resume construction marks an abrupt about-face by the Trump administration, which halted the project last month.

The Chinese technology giant is slated to introduce a 3-nanometer mobile chip this week and plans to invest nearly $7 billion in chip design over at least 10 years, its founder said.

The company behind Johnnie Walker whisky, Guinness beer and Smirnoff vodka expects U.S. tariffs to result in an unmitigated $150 million hit on profit, but reiterated its guidance for the year.

The South Africa-based telecommunications company—majority owned by the U.K.’s Vodafone Group—upgraded the targets after net profit and revenue rose.

The drop in earnings was in line with analysts’ expectations, as passengers paid 7% lower average fares while operating costs increased 9%.

The U.S. and Brazil are among countries building capacity to mine and refine metals for EVs and smartphones.

The Senate is to vote as early as next week on a measure to revoke the state’s emissions waiver.