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Line needs more globalization

  One of the reasons for Line Corp. to list its shares in both Tokyo and New York was to broaden its international scope. It’s not working. The social-networking company’s fourth-quarter operating profit missed analysts’ estimates by 70 percent, with many pointing to declines in gaming and digital content revenue. But there’s an even deeper reason for the disappointment. Investors ...

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Even three scorching years don’t make a trend

  The planet has broken global heat records for three years in a row — a finding that, paradoxically, may raise public concern about global warming, but won’t change long-term climate forecasts. First, the good news: Scientists say the run of record-breaking temperatures doesn’t mean that we should expect every year to be relentlessly hotter than the last. From year ...

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Qantas to expand international unit after CEO’s turnaround

  Bloomberg Qantas Airways Ltd. plans to expand its international business after a three-year restructuring effort by Chief Executive Officer Alan Joyce helped deliver record profits for the Australian carrier. The division, which was losing money before the turnaround, is now in a position to grow, Joyce, 50, said in an interview in Beijing with Bloomberg TV on Thursday. Joyce ...

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