Japanese entertainment and electronics giant Sony on Wednesday reported an 18 percent jump in annual net profit but issued a cautious forecast for the current financial year. The firm logged a net profit of 1.14 trillion yen ($7.7 billion) for the 2024-25 financial year, but said it expects that to fall 13 percent to 930 billion yen in 2025-26.
The future of fossil fuels -- the leading source of planet-heating emissions -- will face scrutiny at UN climate negotiations Monday with an under-fire Emirati oil chief poised to step into the driver's seat.
At a red-brick factory in the German port city of Hamburg, cocoa bean shells go in one end, and out the other comes an amazing black powder with the potential to counter climate change. To make better use of the powerful black powder, Houben said other applications would need to be found.
There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on Sunday in a bid to prop up prices. "Saudi Arabia doesn't want that scenario to come back -- neither does Russia," said Alshammari. bur-emb/anb-kym/lcm/leg
Business and Economy
Load more
Energy
Read more
Money
Read more
Industry
Read more
Technology
Read more
Economy
Read more
