Loss
Hertz posts worse-than-expected loss after shrinking fleet
[DETROIT] Hertz Global Holdings posted a larger-than-expected loss in the first quarter after the rental company shrank its fleet of cars and some customers slowed bookings. Revenue fell 13...
SoftBank seen booking modest fourth-quarter loss as Vision Fund suffers
[TOKYO] Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen (S$239.4 million) on Tuesday (May 13) as early-stage tech startups fell...
Japan Foods warns of ‘substantial’ full-year loss, citing weak sales and outlet closures
The group also records an allowance for impairment loss on a loan to a joint venture company, Dining Collective, of S$680,000[SINGAPORE] Japan Foods announced on Monday (May 5) that...
Oil posts biggest weekly loss in a month ahead of Opec+ meeting
[NEW YORK] Oil prices fell more than 1 per cent lower on Friday (May 2) and recorded their biggest weekly losses since the end of March, as traders turned...
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
[BENGALURU] European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate earnings, ending a sluggish month marred...
Nissan sees 750 billion yen loss as restructuring charges mount
[TOKYO] Nissan Motor said it will post a net loss of as much as 750 billion yen (S$6.9 billion) for the fiscal year that ended in March as restructuring...
Boeing reports small quarterly loss, confirms 2025 plane output targets
It reported a loss of US$123 million in Q1, smaller than the US$343 million loss in the year-ago periodPublished Wed, Apr 23, 2025 · 08:51 PM[WASHINGTON] Boeing reported a...
Nvidia Faces $5.5 Billion Loss after US Bans Chip Sales to China
In an attempt to stay ahead in the global artificial intelligence race, the US government has been placing limits on what AI chips can be sold to countries like...
