BLOOMBERG Toyota Motor Corp’s quarterly profit exceeded estimates as improvements in supply of semiconductors and a weak yen helped it capitalise on a global rebound in demand for vehicles. The stock closed at a record high. Operating profit for the three months through June was a record ¥1.1 trillion ($7.7 billion), the world’s No 1 carmaker said in a statement. …

BLOOMBERG GoTo Group cut its 2023 loss projection after staunching some of the bleeding in the second quarter, taking the Indonesian internet leader closer to its goal of getting into the black after an era of costly expansion. Its shares rose 6.6% in Jakarta, the biggest gain since June. Indonesia’s largest tech company reported second-quarter adjusted loss before interest, taxes, …

SHARJAH / GULF TIME The leading regional children’s youth film festival, Sharjah International Film Festival for Children and Youth (SIFF) has announced the “Junior Jurors” for 2023. The festival is dedicated to enhancing the media literacy of children and youth, fostering children’s and youth’s creativity and showcasing the very best in filmmaking for, by and about children and young people. …