 | | | | Mattel Inc forecast full-year profit above estimates on Wednesday, with the company confident robust demand for its Barbie dolls and other toys will help it weather rampant supply chain disruptions, sending its shares up about 6% in extended trading. | | | | | | National Australia Bank on Thursday joined its peers in flagging lower margins, even as the country's second-biggest lender posted a 9.1% rise in first-quarter profit due to growth in home and business lending. | | | | | | Walt Disney Co's Disney+ subscriber growth restored faith in the future of streaming video and came on top of strong demand at U.S. theme parks, lifting shares 8% after hours Wednesday. | | | | | | Uber Technologies Inc on Wednesday reported its second quarterly operating profit as demand for its ride-hailing service approached pre-pandemic levels and its food delivery business turned profitable for the first time. | | | | | | The Federal Reserve Bank of Boston on Wednesday named University of Michigan provost Susan Collins as its next chief, making her the first Black woman to lead a regional Fed bank and delivering a measure of new diversity to U.S. central bank leadership. | | | | | | Siemens has agreed to exit its Valeo Siemens eAutomotive joint venture in a deal which will boost the German company's profits by around 300 million euros ($342.60 million), the German company said on Wednesday. | | | | | | Siemens has agreed to sell the mail and parcels business of Siemens Logistics business to German technology group Koerber for a purchase price of 1.15 billion euros ($1.31 billion), the German engineering company said on Wednesday. | | | | | | Volkswagen's works council chief Daniela Cavallo said the carmaker must do more to understand the Chinese market in order to capture greater market share, after missing its electric vehicle sales targets in the country last year. | | | | | | The Federal Reserve will have to move faster than it has in the past to remove accommodation and tame inflation that is well above target, but it may not be necessary to start the liftoff in interest rates with a half-percentage-point hike in March, Cleveland Fed Bank President Loretta Mester said on Wednesday. | | | | | | Sony said on Wednesday it has created an artificial intelligence agent called Gran Turismo Sophy (GT Sophy) that was able to beat world's best drivers of the PlayStation racing simulation game Gran Turismo. | | | | | |
