AFP
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Sony hikes profit forecast but says PS5 sales to slow
Japan's Sony upgraded its annual net profit forecast on Wednesday but trimmed its PlayStation 5 unit's sales target, with the flagship console currently in its fourth year on the market. The conglomerate now predicts a full-year net profit of 920 billion yen ($6.1 billion) instead of its previous target of 880 billion yen.
Turkey under pressure to shut down gold mine after landlside
Calls grew in Turkey on Wednesday to shut down a controversial gold mine as hopes dimmed of rescuing nine workers trapped by a massive landslide that rolled over their open pit. Environmental advocates and local officials sought to shut down the open pit mine after a 2022 cyanide leak caused by a burst pipe.
UK inflation holds at 4.0 percent in January: data
Britain's annual inflation rate remained unchanged in January from the previous month, confounding expectations for an acceleration, official data showed on Wednesday. Analysts said Wednesday's data showed that the central bank could decide to cut its main interest rate from 5.25 percent in the coming months.
Most of Asia tracks Wall St down as US data dents rate cut hopes
Most Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut. In that case, it's unlikely that the Federal Reserve will cut interest rates in May."
Bitter year for Heineken as inflation hits profits, beer sales
Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in "challenging market conditions" including high inflation. In its home market of the Netherlands, the Dutch brewery association said that beer sales overall fell by more than five percent in 2023 due to poor summer weather and inflation.
Fears that pirates are returning to seas off Somalia
The daring attack in December bore unsettling hallmarks of the piracy that once terrorised global shipping off eastern Africa: a cargo vessel hijacked, its crew taken to Somalia, and disappeared.
Musk's X feeds monetization of wartime misinformation
Influencers on X are monetizing misinformation about conflicts in the Middle East, leveraging the platform's contentious policies that researchers say prioritize engagement over accuracy. The incendiary post came amid widespread concerns about a wider conflagration in the Middle East.
Bali $10 tourist e-tax comes into force
The Indonesian resort haven of Bali began imposing a 150,000 rupiah ($10) tax on arriving tourists Wednesday to preserve the culture of the "Island of Gods", officials said.
Super Bowl 'most watched' TV show ever with 123 mn viewers
A record 123.4 million people tuned in for the Super Bowl which saw the Kansas City Chiefs beat the San Francisco 49ers 25-22 in an overtime nailbiter, the game's broadcaster has said. Viewership was "up 7 percent vs. last year's Super Bowl which was the previous record (115.1 million)... 202.4 million watched all or part of Super Bowl LVIII across networks."
AFP
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