BLOOMBERG Sony Group Corp raised its full-year outlook for sales and profit after its media divisions outperformed, yet warned that it might be difficult to meet a target for PlayStation 5 sales ahead of the crucial year-end holiday season. Sony is now targeting net sales of ¥12.4 trillion ($82.1 billion) in the year ending March, up from ¥12.2 trillion and …

BLOOMBERG Meta Platforms Inc, Apple Inc, Alphabet Inc and other companies that offer digital wallets and payment apps would fall under US Consumer Financial Protection Bureau (CFPB) supervision under a newly proposed rule aimed at treating nonbanks more like traditional counterparts. Companies handling more than 5 million transactions per year would be regulated like banks, credit unions, and other financial …

DUBAI / WAM Dubai Electricity and Water Authority’s (Dewa) commitment to sustainable transportation is aligned with the broader goals of the UAE and the Emirate of Dubai. This commitment underscores the nation’s dedication to fostering innovation in renewable energy, clean energy, and sustainability. Consequently, Dewa has prioritised sustainable transport and its advocates within the UAE and globally at the Water, …