Fresh stories
A 28 percent decline in net profit marked the fiscal year for Odakyu Electric Railway, as the Tokyo-based operator reported 37.37 billion yen for the period ending March 31. While the company maintained a consistent revenue stream, bottom-line performance fell significantly short of the 51.96 billion yen recorded in the previous year.
France has commissioned a new supply of Next-generation Light Anti-tank Weapons from Swedish defense contractor Saab. The agreement, which covers both hardware and specialized training equipment, marks a significant expansion of the company's footprint in the French military arsenal, though the specific financial value of the contract remains undisclosed.
TotalEnergies SE has completed a multi-day share repurchase program, acquiring 1,750,151 of its own shares between June 8 and June 12, 2026. The energy giant executed these transactions on the XPAR and CEUX markets, representing a total investment of approximately 134.99 million euros.
Conflicting signals regarding the Strait of Hormuz are keeping oil markets on edge, as traders weigh President Trump’s promise of a Friday reopening against U.S. officials’ warnings that normal shipping could take weeks. This uncertainty over the critical waterway has triggered a reversal in early morning gains for crude futures.
Alibaba Group is stepping into the competitive physical AI sector by launching a suite of foundational models designed to bridge the gap between digital intelligence and mechanical execution. These systems enable robots to process natural language instructions and adapt to unfamiliar environments, marking a pivot toward embodied machine learning.
Investors pushed JX Advanced Metals to its daily trading limit on Tuesday, sending shares up 19% to 4,466 yen. The surge follows the company's announcement of a massive $748 million capital expenditure aimed at cornering the market for specialized materials powering the next generation of artificial intelligence data centers.