Softbank Corp. Group (SoftBank Group), which is increasingly focused on investment in biotechnology and healthcare, has quietly accumulated a $5 billion stake in Roche, betting on the pharmaceutical company's strategy of using data to develop drugs.. The Japanese conglomerate is now one of Roche's biggest investors, according to the data. The drugmaker is a dual-shareholding company, in which shares are divided into voting and non-voting shares, and it is not clear what type of shares Softbank Corp. holds. Softbank Corp. believes that Roche's Genentech (Genentech) division is seriously undervalued. Roche is also developing a new Covid-19 drug and a drug for Alzheimer's disease.

Senior executives of South Korea's Samsung Electronics (Samsung Electronics) are holding their breath for news that group leader Lee Jae-yong can be paroled in August.. If Mr Lee is released, Samsung will be able to press ahead with major investments and mergers and acquisitions. These decisions should only be up to Mr Lee, who was unable to deal with them while in prison on charges of bribery and embezzlement. One of the most important decisions to be nodded by Mr Lee includes the location of a $17 billion US factory. The new factory will produce advanced logic chips.

Arena of Valor Health system issued an upgrade notice on August 4. Tencent will upgrade the rules of the health system in order to further strengthen the protection of minors.Minor users are prohibited from 22:00 to 8: 00 the next day, 2 hours a day on national holidays and 1 hour a day at other times. Users under the age of 12 cannot recharge the game.

Kuaishou Technology will officially close his short video product Zynn on August 20.. Zynn, a platform that allows users to upload, edit and share short videos, was officially launched in the North American app market on May 7, 2020. Its product form, function and other aspects are very similar to Douyin's product TikTok, so it is considered by the outside world that Kuaishou Technology launched in response to TikTok. Zynn topped the list of downloads in Apple Inc's app store in just one month. But the good times didn't last long, and just ten days after being at the top of the download list of Apple Inc App Store, Zynn was notified by Alphabet Inc-CL C App Store to get off the shelves.

Honda announced that China sold 108139 vehicles in July, down 20.9% from a year earlier, affected by the tight supply of spare parts.. A total of 894672 vehicles were sold in China from January to July, up 19.5% from the same period last year.

On August 4, BYD rose strongly in late trading, and its share price broke through 300 yuan to 308.09 yuan for the first time, and the latest market capitalization reached 881.5 billion yuan, surpassing Petrochina's 843.7 billion yuan, ranking ninth in A-share market capitalization.. BYD's shares have soared since last year, rising 308% in 2020, and continue to work hard this year, rising 58.56% as of Aug. 4.

At the meeting of the board of directors of South Korea's SK Innovation Company (SK Innovation), it was decided that two wholly-owned independent legal persons, "SK Battery" (SK Battery) and "SK battery P" (temporary name), would be established on October 1st to deepen the battery and oil development business.To further enhance the enterprise value. The newly established SK batteries will be responsible for medium and large batteries for electric vehicles, battery rental services (BaaS) and energy storage systems (ESS), while SK Ecopp will be responsible for oil development, production and exploration projects, and carbon capture and storage (CCS).

France's Therese Group, Europe's largest defense electronics company, confirmed on Wednesday that it was in advanced talks with Japan's Toshiba to sell its railway signaling business.The transaction price, including bonds, could reach 1.66 billion euros. The French company wants to streamline its vast business and focus on the core business of making high-tech equipment for the defence and aviation industries.

Underwear brand company Victoria's Secret (Victoria's Secret) was officially listed separately on the New York Stock Exchange on Aug. 3. This announces the formal end of the divestiture of the brand equity of L Brands, the former parent company of Victoria's Secret.. The three product lines of the former L Brands underwear (Victoria's Secret Lingerie), underwear brand "PINK" and Victoria's Secret Beauty (Victoria's Secret Beauty) belong to the separately listed Victoria's Secret. L Brands has officially changed its name to "Bath & Body Works" and continues to be listed on the New York Stock Exchange.

With a $5 navel dress and a $15 dress, Chinese clothing company Shein is winning over young shoppers in the United States.And prove that clothing companies from China can build a popular brand in the West. In just a few years, Chinese fast fashion company Shein has developed a group of fans among American teenagers and twentysomethings by relying on low prices and rapid innovation, as well as cooperation with a number of Instagram celebrities as well as celebrities such as Katy Perry and Lil Nas X.

Starbucks Corp (Starbucks) said on Tuesday that starting from October this year, the minimum wage for employees in all US stores will be raised to 12 US dollars per hour.. This is the company's latest move to deal with the labor shortage in the US catering industry. Employees hired by the company before July 2021 will receive a 5 per cent pay rise and lifetime partners will receive a 6 per cent raise. Starbucks Corp will also raise the minimum hourly wage in all US markets to at least $12 and in some markets to more than $15. Starbucks Corp announced a pay rise in December, with all baristas, shift supervisors and waiters in US stores receiving at least a 10 per cent raise. The company also raised the starting salary for new employees by 5%.

English LAIX Inc. announced that the company's board of directors has receivedCo-founder, chairman of the board and CEO Wang Xing, co-founder, director and chief technology officer (CTO) Hu Zhe-ren, co-founder, director and chief scientist Lin Hui and PCIL IV Limited (and their affiliated investment entities) issued on August 4, 2021Preliminary non-binding proposalIt plans to acquire all the issued common shares of the company that are not yet held by the above parties at a cash rate of US $1.13 per common share (or ADS).

Financial report information

The consolidated results for the first quarter of fiscal 2021 (April to June) released by Toyota Motor Corp (Toyota Motor) showed that sales jumped 72.5 per cent to 7.9355 trillion yen from a year earlier, while net profit was 897.8 billion yen, or about 5.7 times. Sales and net profit both hit record highs in the first quarter. The operating profit in the first quarter reached 997.49 billion yen. The surge in global sales boosted performance. Global sales of the group, including its Daifa Industries and Hino Motors, increased by 49.3% to 2.759 million vehicles. From a regional point of view, Europe, Asia and other regions have increased profits and turned losses into profits, especially in North America.

Honda reports results for the first quarter of the fiscal year ending June 30, 2021. Quarterly revenue was 3.58387 trillion yen, up 68.7% from 2.123775 trillion yen in the same period last year; operating profit was 243.21 billion yen, compared with a loss of 113.7 billion yen in the same period last year. The net profit was 222.512 billion yen, compared with a net loss of 80.871 billion yen in the same period last year. By business, the company's motorcycle business revenue is 518.203 billion yen and automobile business revenue is 2.25 trillion yen.

Sony Group Corp (Sony) released financial results for the first quarter of fiscal year 2021 ended June 30th. Revenue in the first quarter was 2.2568 trillion yen, up 15 per cent from 1.9629 trillion yen in the same period last year, while net profit attributable to Sony Group Corp shareholders was 211.8 billion yen, up 9 per cent from 193.6 billion yen a year earlier. Operating profit in the first quarter rose 26.3% to 280.1 billion yen from 221.7 billion yen in the same period last year.

The consolidated net profit of Daikin Industry (Daikin Industries) from April to June in 2021 reached 78.6 billion yen, 2.4 times that of the same period last year, a new high on a quarterly basis. Revenue rose 37 per cent to 798.9 billion yen, expanding sales in all parts of the world. China's business grew 46 per cent against the backdrop of a recovery in personal consumption. The Asia-Pacific region grew by 38%.

Japan Airlines (Japan Airlines) reported a net profit of 57.9 billion yen in the first quarter of fiscal year 2021 (April to June). COVID-19 's restrictions on exchanges under the epidemic continued, showing a net loss in the first quarter of two consecutive years. However, the net loss narrowed from 93.7 billion yen in the same period last year. JAL's sales rose 74.1 per cent year-on-year to 133 billion yen.

General Motors Co (GM) announces financial results for the second quarter of 2021. Quarterly revenue was $34.167 billion, compared with $16.778 billion in the same period last year. Net profit attributable to shareholders was $2.836 billion, compared with a net loss of $758 million in the same period last year. 1.757 million vehicles were delivered in the second quarter, compared with 1.467 million in the same period last year.

Kraft Heinz (Kraft Heinz) reports second-quarter 2021 results. Quarterly net sales were $6.615 billion, down 0.5 per cent from a year earlier, while net losses attributable to common shareholders were $27 million, down 98.3 per cent from a year earlier. Of this total, net sales in the United States fell 3.6 per cent year-on-year to $4.738 billion, international net sales rose 8.3 per cent to $1.413 billion, and Canada net sales rose 8.8 per cent to $464 million.

CVS Health Corp (CVS Health) reports results for the second quarter of 2021. Total quarterly revenue was $72.616 billion, up 11.1% from $65.341 billion a year earlier, and net profit was $2.791 billion, compared with $2.986 billion a year earlier.

Activision Blizzard (Activision Blizzard) reported revenue of $2.296 billion in the second quarter of 2021, up 19 per cent from a year earlier, and net profit of $876 million, up 51 per cent from a year earlier.

EA announces its results for the first quarter of fiscal 2022. Total net revenue for the quarter ended June 30 was $1.551 billion, up 6 per cent from $1.459 billion a year earlier, while net profit was $204 million, down 44 per cent from $365 million a year earlier.

UBER TECHNOLOGIES INC (Uber), an American ride-hailing service, released its results for the second quarter of fiscal 2021. Quarterly revenue was $3.929 billion, up 105% from $1.913 billion in the same period last year; net profit attributable to Uber was $1.144 billion, compared with a net loss of $1.775 billion in the same period last year. By business category, revenue from shared travel was $1.618 billion, up 106 per cent from $787 million in the same period last year; revenue from express delivery was $1.963 billion, up 122 per cent from $886 million in the same period last year; and revenue from freight was $348 million, up 65 per cent from $211 million in the same period last year.