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Major German companies warn against vote for extremism
Major German companies warn against vote for extremism

Germany's biggest companies said Tuesday they have formed an alliance to campaign against extremism ahead of key EU Parliament elections, when the far right is projected to make strong gains. It added that the campaign will continue after the EU elections, with three eastern German states to vote for regional parliaments in September.

Nintendo says announcement on Switch successor 'this fiscal year'
Nintendo says announcement on Switch successor 'this fiscal year'

Nintendo said Tuesday it will make an announcement about a highly anticipated new console by the end of March 2025 as sales decline of the hugely popular Switch, which is now in its eighth year. "We will make an announcement about the successor to Nintendo Switch within this fiscal year," said a post on social media platform X that was attributed to company president Shuntaro Furukawa.

Saudi Aramco says Q1 profit down 14.5 percent
Saudi Aramco says Q1 profit down 14.5 percent

Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place. Net income was 102.27 billion riyals ($27.27 billion), down from 119.54 billion riyals ($31.88 billion) for the same period in 2023, Aramco said, adding that "the decrease was primarily a result of lower crude oil volume sold".

Saudi Aramco's Q1 profit down 14.5 percent: statement
Saudi Aramco's Q1 profit down 14.5 percent: statement

Oil giant Saudi Aramco announced first-quarter net profit of $27.27 billion on Tuesday, down 14.5 percent from last year as the Gulf kingdom kept production cuts in place. Net income was 102.27 billion riyals ($27.27 billion), down from 119.54 billion riyals ($31.88 billion) for the same quarter in 2023, Aramco said, adding that "the decrease was primarily a result of lower crude oil volume sold".

UBS net profit up 71% after two quarters in the red
UBS net profit up 71% after two quarters in the red

Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion after two quarters in the red due to the takeover of Credit Suisse. In March 2023, Swiss authorities strongarmed UBS into the $3.25-billion takeover to prevent Credit Suisse from going under with catastrophic consequences for the global financial system.

Amazon says will invest $9 billion in Singapore
Amazon says will invest $9 billion in Singapore

Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city. Microsoft pledged US$2.2 billion in artificial intelligence and cloud computing investment in Malaysia on Thursday.

Chinese mill blamed for turning Serbia village red with pollution
Chinese mill blamed for turning Serbia village red with pollution

In the eight years since Chinese company HBIS bought a steel mill near the eastern Serbian city of Smederevo, locals say they have been plagued by heavy air pollution and thick red dust. - Cancer cases quadrupled - The Serbian Environmental Protection Agency has ranked Smederevo repeatedly among the country's most polluted cities, classified as having "excessively polluted air".

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