TOKYO (Reuters) - Sumitomo Mitsui Financial Group's ( SMFG ) CEO said the firm may make more than 1.2 trillion yen ($7.65 billion) net profit in the year from next April, as a resurgent Japanese banking sector cashes in on efforts to diversify income sources abroad alongside interest rate normalisation. The forecast exceeds its previous record target of 1.16 trillion...

Discussions around quantum computing have surged since Alphabet Inc. ( GOOG ) subsidiary Google ( GOOG ) teased its next-generation chip, “Willow, sparking interest in equities tied to the technology. What happened: Shares of Quantum Computing Inc. ( QUBT ) , a company specializing in quantum machine offerings, have soared 157% since the unveil, reaching levels not seen since Jun....

MOSCOW, Dec 27 (Reuters) - Azerbaijan Airlines said on Friday that it was suspending flights to seven Russian cities, Russian media reported, after one of its planes crashed in Kazakhstan on Wednesday during a flight to Grozny, in Russia's Chechnya. Russia's Interfax news agency reported that Azerbaijan Airlines would continue running flights to six major Russian cities, including Moscow and...

03:51 AM EST, 12/27/2024 (MT Newswires) -- Exicure ( XCUR ) said late Thursday it signed a memorandum of understanding with GPCR Therapeutics for the acquisition of the South Korean company's US subsidiary, GPCR USA, to advance its growth as a clinical-stage biotech firm. Exicure ( XCUR ) plans to purchase all the shares of GPCR USA to secure key...