financial results Archives

Rakuten logs second-largest annual net loss

Rakuten Group on Wednesday reported a group net loss of ¥339.4 billion for the year through December, its second-largest annual loss ever, as its mobile phone operations continued to struggle. …

Global quarterly results overshadowed by China’s deteriorating economy

by Craig Fedirighi

China’s fragile growth could negatively impact companies with exposure to the country, such as Apple, major chipmakers, and luxury retailers as they release their quarterly results in the coming weeks. …