TOKYO — The lineup of the most profitable Japanese companies in various industries is set to look very different in fiscal 2023 than five years earlier, underscoring how those adapting to inflation and other changes in the business climate are reaping the benefits. Nikkei compared companies’ net profit forecasts for this fiscal year and fiscal … Read more
Meta Platforms introduced its first-ever dividend, alongside reporting better-than-expected revenue and profit driven by strong ad sales during the holiday shopping season. With this, chief executive Mark Zuckerberg could potentially receive an annual payout of around $700 million ( ₹5,800 crore) from this historic dividend for investors. Meta’s CEO Mark Zuckerberg (REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} … Read more
I have not watched “RENO 911.” However, I’ve seen a few clips from the show, and a particularly funny one comes to mind. Two officers are standing in the doorway of a wedding banquet and eventually a man walks up to them — the father of the bride, presumably: “Just do it quietly, not in … Read more
The $1.4 trillion fund’s holdings in tech companies witnessed a jump of nearly 39 percent in the period with Apple, Microsoft and Nvidia contributing the most to drive the fun’s 10 percent overall return. Norway’s $1.4-trillion sovereign wealth fund received a massive boost with artificial intelligence driving the tech industry and consequently bringing back technology … Read more