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Thyssenkrupp shares opened around 10% lower after the company cut its full-year sales and profit targets due to faltering demand and impairment losses in its fiscal first quarter.
Sony Group has raised its full-year view after third-quarter profit beat expectations, saying it will take steps to drive growth in its entertainment business as it prepares to spin off its financial unit.
Jeff Bezos has sold a stake valued at $2.08 billion in Amazon, according to a U.S. Securities and Exchange Commission filing.
Chief Executive Chris Cocks expects declines in sales of its toys to be concentrated in the first half of the year, with stabilizing sales in the third quarter and growth in next year’s holiday season.
The retail giant is discussing a more than $2 billion deal that would boost its advertising business in the battle with Amazon.
Grocery-delivery company’s revenue rose and profit fell last quarter.
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