TOKYO (Reuters) - Nomura Holdings ( NMR ), Japan's biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year earlier as its retail income rose to its highest in eight years. January-March net profit was 56.8 billion yen ($363.87 million) compared to 7.3 billion yen a year earlier when worries about...

April 26 (Reuters) - Shares in Snap soared nearly 30% in thin volume in Frankfurt on Friday after the owner of the photo messaging app beat Wall Street expectations for quarterly revenue and user growth. Snap shares jumped 29% in early trading on the German market. They rose as much as 25% in after-hours trading in New York on Thursday....

HONG KONG, April 26 (Reuters) - The content recommendation algorithm that powers the online short video platform TikTok has once again come under the spotlight after the U.S. ordered its Chinese owner, ByteDance, to sell the app's U.S. assets or face a nationwide ban. Here is how it works and why it has attracted more discussion than technology used by...

LONDON (Reuters) -NatWest's ( NWG ) first-quarter profit fell by a less than expected 27%, it said on Friday, hit by competition for savings, lending and mortgage products which has squeezed margins across the sector. The British bank said pretax operating profit for the January-March period was 1.3 billion pounds ($1.63 billion), down from 1.8 billion pounds a year earlier...