20 hours ago
IPO Edge hosted a fireside chat at Nasdaq MarketSite with ***** n Tomsky, Chief Executive Officer and Founder of inDrive. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed the company's global scale alongside its competitive advantages and moats after more than a decade of growth, the opportunities beyond ride-hailing and where will the next growth phase come from.
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#indrive #ride #chief
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#indrive #ride #chief
1 day ago
IPO Edge hosted a fireside chat at Nasdaq MarketSite with ***** n Tomsky, Chief Executive Officer and Founder of inDrive. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed the company's global scale alongside its competitive advantages and moats after more than a decade of growth, the opportunities beyond ride-hailing and where will the next growth phase come from.
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#arsen #global #hailing
About ***** n Tomsky, CEO and Founder
Arsen leads inDrive's global team of nearly 3,000 employees, driving the company's mission. Through fair-pay income opportunities, he is dedicated to empowering communities and increasing social mobility in underserved regions globally. Under ***** n's leadership, inDrive has demonstrated that responsible AI and profitable growth are not competing priorities; his core belief is that technology should amplify human agency, not replace it with opaque algorithms. Outside of his leadership role, ***** n is an avid runner and has successfully completed the Chicago and Tokyo marathons.
About inDrive
inDrive is a global mobility and delivery platform. The inDrive app has been downloaded over 400 million times and has been named the second most downloaded ride-hailing app. In addition to ride-hailing, inDrive provides an expanding list of services, including intercity transportation, delivery, and financial services. In 2023, inDrive launched New Ventures, a venture and M&A arm.
#arsen #global #hailing
1 day ago
TOKYO (AP) — **** an's air force said one of its long-distance surveillance drones is believed to have crashed into the sea during a flight Tuesday off the country's northwestern coast.
There were no immediate details on the nature of the mission of the uncrewed RQ-4B aircraft, also known as Global Hawk. So far, there was no indication of foul play, but officials said the cause of the presumed crash was under investigation.
The Air Self-Defense Force said the drone had trouble connecting with a communication device about one and a half hours after taking off from the Misawa Air Base. Three minutes later, it disappeared from the radar and was last seen 50 kilometers (31 miles) off the coast of Tottori, the ASDF said.
Later Tuesday, a fighter jet and a **** an Coast Guard patrol ship spotted debris believed to be from the Global Hawk. After examining photos of the debris, the ASDF said the drone is believed to have crashed just after disappearing from the radar.
The cause of the Global Hawk's presumed crash is still under investigation, the ASDF said. There have been no reports of injury or damage related to the crash.
#asdf #coast #crash
There were no immediate details on the nature of the mission of the uncrewed RQ-4B aircraft, also known as Global Hawk. So far, there was no indication of foul play, but officials said the cause of the presumed crash was under investigation.
The Air Self-Defense Force said the drone had trouble connecting with a communication device about one and a half hours after taking off from the Misawa Air Base. Three minutes later, it disappeared from the radar and was last seen 50 kilometers (31 miles) off the coast of Tottori, the ASDF said.
Later Tuesday, a fighter jet and a **** an Coast Guard patrol ship spotted debris believed to be from the Global Hawk. After examining photos of the debris, the ASDF said the drone is believed to have crashed just after disappearing from the radar.
The cause of the Global Hawk's presumed crash is still under investigation, the ASDF said. There have been no reports of injury or damage related to the crash.
#asdf #coast #crash
3 days ago
Umios, the ******* anese seafood giant previously trading as Maruha Nichiro, has made another investment in Southeast Asia with a stake in Pataya Food Industries.
Tokyo-listed Umios is taking a 25.1% stake in Thailand's Pataya Food Industries (PFI), which was set up in 1979 and manufactures branded seafood and pet-food products, as well as acting as a B2B supplier in Asia.
Based in the capital Bangkok, PFI has a capitalisation of Bt280m ($8.4m), according to Umios, which did not disclose the target purchase price for the minority interest.
The transaction is being conducted through the Umios group firm Kingfisher Holdings.
Umios said in a statement the deal and "alliance" with PFI will "expand the group's portfolio of processed foods and other products, as well as its sales channels in Asia, advancing the local strategy set out in its long-term vision".
#pataya #industries #seafood #well
Tokyo-listed Umios is taking a 25.1% stake in Thailand's Pataya Food Industries (PFI), which was set up in 1979 and manufactures branded seafood and pet-food products, as well as acting as a B2B supplier in Asia.
Based in the capital Bangkok, PFI has a capitalisation of Bt280m ($8.4m), according to Umios, which did not disclose the target purchase price for the minority interest.
The transaction is being conducted through the Umios group firm Kingfisher Holdings.
Umios said in a statement the deal and "alliance" with PFI will "expand the group's portfolio of processed foods and other products, as well as its sales channels in Asia, advancing the local strategy set out in its long-term vision".
#pataya #industries #seafood #well
5 days ago
All eyes are on the Fed with another higher than expected reading for core inflation. Jeff Klingelhofer, CFA, Managing Director, Portfolio Manager & Senior Research **** yst, Securitized **** ets at Aristotle Pacific, talks with host Brad Roth on this episode of Behind the Ticker about why the new Fed Chair stepping into an environment of high inflation matters for investors and bonds, and what that means for how the firm is positioning their strategies that include three new ETFs, the Aristotle Core Plus Income ETF (ARCP), the Aristotle Multi-Sector Income ETF (ARMS), and the Aristotle Short Term Income ETF (SDUR).
You can also watch this conversation here or on our YouTube, as well as find it on any of your preferred podcast streaming platforms.
A non-traditional path to fixed income: Jeff Klingelhofer started at PIMCO, moved through Tokyo and London, then took an unexpected detour into a five-person hedge fund during his Chicago MBA. That experience shaped his career trajectory, from building Thornburg's taxable fixed income desk from scratch to joining Aristotle Pacific in 2024.
The relative value philosophy: Instead of chasing yield by taking more risk within a single **** et class, Klingelhofer compares opportunities across all of fixed income, including corporates, ABS, CLOs, bank loans, and more. His go-to example: in 2020, an American Airlines corporate bond and its aircraft-backed EETC priced identically, but a month later one traded at 27 cents on the dollar while the other held at 65 cent, proof that siloed desks miss cross-market mispricing.
Three ETFs, one philosophy: Aristotle Pacific's new suite of SDUR (short-term income), ARCP (core plus), and ARMS (multi-sector income) applies this relative value lens across the risk spectrum, each targeting a different level of duration and credit exposure. All three aim to outperform passive benchmarks through active security selection rather than added risk.
#jeff #etfs
You can also watch this conversation here or on our YouTube, as well as find it on any of your preferred podcast streaming platforms.
A non-traditional path to fixed income: Jeff Klingelhofer started at PIMCO, moved through Tokyo and London, then took an unexpected detour into a five-person hedge fund during his Chicago MBA. That experience shaped his career trajectory, from building Thornburg's taxable fixed income desk from scratch to joining Aristotle Pacific in 2024.
The relative value philosophy: Instead of chasing yield by taking more risk within a single **** et class, Klingelhofer compares opportunities across all of fixed income, including corporates, ABS, CLOs, bank loans, and more. His go-to example: in 2020, an American Airlines corporate bond and its aircraft-backed EETC priced identically, but a month later one traded at 27 cents on the dollar while the other held at 65 cent, proof that siloed desks miss cross-market mispricing.
Three ETFs, one philosophy: Aristotle Pacific's new suite of SDUR (short-term income), ARCP (core plus), and ARMS (multi-sector income) applies this relative value lens across the risk spectrum, each targeting a different level of duration and credit exposure. All three aim to outperform passive benchmarks through active security selection rather than added risk.
#jeff #etfs
7 days ago
Mike McFarland, the beloved voice behind Master Roshi and Buggy the Clown in One Piece, died after a battle with brain cancer. The veteran anime performer built a career across several major English dubs and became a familiar name to generations of fans.
McFarland died Wednesday at a Dallas care facility, surrounded by friends and family. He had spent the past year battling glioblastoma, an aggressive form of brain cancer that reshaped his final months.
TMZ reported McFarland's death at 56, citing his friend Brina Palencia. Palencia had organized a GoFundMe during his health struggles. She said friends from the voiceover community gathered recently to sing songs and share stories with him.
McFarland entered the industry in the late 1990s. He voiced several Dragon Ball Z characters, including Master Roshi. He later joined Fullmetal Alchemist as Jean Havoc.
His biggest roles kept coming. McFarland became the voice of Buggy the Clown in One Piece and voiced the character from 2007 until his death. He also worked on One-Punch Man, Attack on ***** an, Tokyo Ghoul and numerous other anime projects.
#palencia
McFarland died Wednesday at a Dallas care facility, surrounded by friends and family. He had spent the past year battling glioblastoma, an aggressive form of brain cancer that reshaped his final months.
TMZ reported McFarland's death at 56, citing his friend Brina Palencia. Palencia had organized a GoFundMe during his health struggles. She said friends from the voiceover community gathered recently to sing songs and share stories with him.
McFarland entered the industry in the late 1990s. He voiced several Dragon Ball Z characters, including Master Roshi. He later joined Fullmetal Alchemist as Jean Havoc.
His biggest roles kept coming. McFarland became the voice of Buggy the Clown in One Piece and voiced the character from 2007 until his death. He also worked on One-Punch Man, Attack on ***** an, Tokyo Ghoul and numerous other anime projects.
#palencia
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9 days ago
Jeff Klingelhofer, CFA, Managing Director, Portfolio Manager & Senior Research **** yst, Securitized **** ets at Aristotle Pacific didn't set out to be a bond guy but a launchpad at PIMCO, stops in Tokyo and London, and a Chicago MBA detour into a scrappy five-person hedge fund rewired how he thinks about fixed income. The internship stuck, with Klingelhofer building out Thornburg's taxable fixed income desk from employee #3 to Head of Investments, before joining Aristotle Pacific in 2024. The firm is a 15-year-old franchise (formerly Pacific **** et Management) now running roughly $16 billion and, as of July 30, three brand-new ETFs: the Aristotle Core Plus Income ETF (ARCP), the Aristotle Multi-Sector Income ETF (ARMS), and the Aristotle Short Term Income ETF (SDUR).
The pitch isn't about taking on more risk to boost returns but about capturing returns with minimal risk, and that means shopping across every fixed income silo instead of hunting inside one. Klingelhofer gives the example of February 2020, when American Airlines' corporate bond and its aircraft-backed EETC both priced at 3.75% with the same issuer, same tenor, same yield. A month later, COVID hit and the corporate bond cratered to 27 cents on the dollar while the EETC held at 65 cents. Same company, wildly different outcomes because Wall Street desks looked at each instrument in isolation instead of comparing across the capital stack. That's the whole Aristotle Pacific thesis, and it's why he sees the same mispricing setting up today in data center financing.
The three funds slot into that framework by risk level, with SDUR as a low-duration, active-credit alternative to cash, ARCP as a core-bond upgrade aiming to beat the Agg by 100-150bps, and ARMS as the full relative-value expression targeting 250bps over a cycle with real flexibility to shift credit quality. Macro-wise, Klingelhofer thinks the market is underestimating new Fed Chair Warsh, who, unlike his predecessor, inherits a purely high-inflation world with no disinflationary tailwind. It means the firm is positioning the funds slightly long duration as a hedge against credit risk elsewhere in the book. His closing advice to advisors was a cautionary and practical one, that they shouldn't expect Aristotle to work in every environment (no fund does), and to pair its bottom-up process with top-down managers like PIMCO so the two zig and zag differently throughout market cycles.
To learn more about Aristotle Pacific, go here, or you can learn more about their new ETFs here.
#pacific #same #fixed
The pitch isn't about taking on more risk to boost returns but about capturing returns with minimal risk, and that means shopping across every fixed income silo instead of hunting inside one. Klingelhofer gives the example of February 2020, when American Airlines' corporate bond and its aircraft-backed EETC both priced at 3.75% with the same issuer, same tenor, same yield. A month later, COVID hit and the corporate bond cratered to 27 cents on the dollar while the EETC held at 65 cents. Same company, wildly different outcomes because Wall Street desks looked at each instrument in isolation instead of comparing across the capital stack. That's the whole Aristotle Pacific thesis, and it's why he sees the same mispricing setting up today in data center financing.
The three funds slot into that framework by risk level, with SDUR as a low-duration, active-credit alternative to cash, ARCP as a core-bond upgrade aiming to beat the Agg by 100-150bps, and ARMS as the full relative-value expression targeting 250bps over a cycle with real flexibility to shift credit quality. Macro-wise, Klingelhofer thinks the market is underestimating new Fed Chair Warsh, who, unlike his predecessor, inherits a purely high-inflation world with no disinflationary tailwind. It means the firm is positioning the funds slightly long duration as a hedge against credit risk elsewhere in the book. His closing advice to advisors was a cautionary and practical one, that they shouldn't expect Aristotle to work in every environment (no fund does), and to pair its bottom-up process with top-down managers like PIMCO so the two zig and zag differently throughout market cycles.
To learn more about Aristotle Pacific, go here, or you can learn more about their new ETFs here.
#pacific #same #fixed
10 days ago
CNBC reported that American Airlines Group Inc. (NASDAQ:AAL) announced seven new international routes for its summer 2027 schedule, most flown on its Airbus A321XLR.
New destinations include Philadelphia to Porto and Vienna and JFK to Amsterdam and Nice, alongside a returning Reykjavik route and Charlotte-Barcelona and Chicago-Tokyo Narita service on widebody jets. American's SVP of network and schedule planning, Brian Znotins, said the XLR "really opens up the menu for all these destinations that are just too small for a widebody." The announcement came the same week that rival United Airlines, which flies more international routes than any other U.S. carrier, unveiled its own 2027 international additions. American has said its flying is split roughly 80% domestic and 20% international.
The XLR gives American Airlines Group Inc. (NASDAQ:AAL) a more flexible way to expand its international network. The smaller, long-range aircraft lets American serve thinner transatlantic markets without committing the capacity of a larger widebody jet. That flexibility opens opportunities such as Philadelphia-Vienna and Philadelphia-Porto and gives American another way to grow international revenue.
The XLR's premium-heavy configuration also gives American more room to target higher-value travelers. American designed the aircraft's new interior with more premium seating than its other aircraft, allowing the airline to offer a stronger premium product on long-haul routes. If American can fill those seats at attractive fares, the aircraft could improve the economics of its international expansion.
American also gains a competitive advantage on Philadelphia-Vienna. The airline said it will become the only U.S. carrier offering nonstop service between the two cities. That position gives American a differentiated product on the route and could help it capture travelers who value nonstop service.
#american #airlines #widebody
New destinations include Philadelphia to Porto and Vienna and JFK to Amsterdam and Nice, alongside a returning Reykjavik route and Charlotte-Barcelona and Chicago-Tokyo Narita service on widebody jets. American's SVP of network and schedule planning, Brian Znotins, said the XLR "really opens up the menu for all these destinations that are just too small for a widebody." The announcement came the same week that rival United Airlines, which flies more international routes than any other U.S. carrier, unveiled its own 2027 international additions. American has said its flying is split roughly 80% domestic and 20% international.
The XLR gives American Airlines Group Inc. (NASDAQ:AAL) a more flexible way to expand its international network. The smaller, long-range aircraft lets American serve thinner transatlantic markets without committing the capacity of a larger widebody jet. That flexibility opens opportunities such as Philadelphia-Vienna and Philadelphia-Porto and gives American another way to grow international revenue.
The XLR's premium-heavy configuration also gives American more room to target higher-value travelers. American designed the aircraft's new interior with more premium seating than its other aircraft, allowing the airline to offer a stronger premium product on long-haul routes. If American can fill those seats at attractive fares, the aircraft could improve the economics of its international expansion.
American also gains a competitive advantage on Philadelphia-Vienna. The airline said it will become the only U.S. carrier offering nonstop service between the two cities. That position gives American a differentiated product on the route and could help it capture travelers who value nonstop service.
#american #airlines #widebody
10 days ago
By Alun John and Rae Wee
LONDON/SINGAPORE, Sept 7 (Reuters) - The yen surged to a seven-month high on Monday as traders reassessed the battered currency's outlook, driven by expectations of faster Bank of ***** an policy tightening and growing bets that ***** anese investors could repatriate funds.
The main event this week is Friday's U.S. inflation report, which could shape the Federal Reserve's decision on whether to raise interest rates later this month and influence the dollar's direction.
The European Central Bank also meets on Thursday and is widely expected to raise euro zone interest rates.
Until then, the focus remains on the yen. The dollar fell to as low as 154.05 yen, its weakest level since February, and was last down 1.1% at 154.4. It has now broken below lows reached in August after Washington and Tokyo jointly intervened to support the ***** anese currency, which was then trading at 40-year lows.
#rates #john
LONDON/SINGAPORE, Sept 7 (Reuters) - The yen surged to a seven-month high on Monday as traders reassessed the battered currency's outlook, driven by expectations of faster Bank of ***** an policy tightening and growing bets that ***** anese investors could repatriate funds.
The main event this week is Friday's U.S. inflation report, which could shape the Federal Reserve's decision on whether to raise interest rates later this month and influence the dollar's direction.
The European Central Bank also meets on Thursday and is widely expected to raise euro zone interest rates.
Until then, the focus remains on the yen. The dollar fell to as low as 154.05 yen, its weakest level since February, and was last down 1.1% at 154.4. It has now broken below lows reached in August after Washington and Tokyo jointly intervened to support the ***** anese currency, which was then trading at 40-year lows.
#rates #john
12 days ago
By Dhara Ranasinghe, Rae Wee and Atsuko Aoyama
LONDON/SINGAPORE/TOKYO, Sept 4 (Reuters) - Six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered yen as a host of factors finally smoke out traders who have spent years betting against the ****** anese currency.
While central bank rate hikes and record currency intervention have failed to provide lasting support for the yen, new tailwinds from capital repatriation, unwinding carry trades and U.S. political pressure are now giving short speculators cause to rethink their long-term game.
The yen is on track for a roughly 2% surge against the greenback this week — the most since a rare joint U.S. and ****** an intervention at the end of July to lift the yen.
"The market psychology around the yen appears to be changing," said Rong Ren Goh, a fixed income portfolio manager at Eastspring Investments. "Investors seem increasingly reluctant to aggressively short the JPY (yen), particularly with the prospect of a BOJ rate hike in September adding another layer of risk to the trade."
#currency #dhara #ranasinghe
LONDON/SINGAPORE/TOKYO, Sept 4 (Reuters) - Six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered yen as a host of factors finally smoke out traders who have spent years betting against the ****** anese currency.
While central bank rate hikes and record currency intervention have failed to provide lasting support for the yen, new tailwinds from capital repatriation, unwinding carry trades and U.S. political pressure are now giving short speculators cause to rethink their long-term game.
The yen is on track for a roughly 2% surge against the greenback this week — the most since a rare joint U.S. and ****** an intervention at the end of July to lift the yen.
"The market psychology around the yen appears to be changing," said Rong Ren Goh, a fixed income portfolio manager at Eastspring Investments. "Investors seem increasingly reluctant to aggressively short the JPY (yen), particularly with the prospect of a BOJ rate hike in September adding another layer of risk to the trade."
#currency #dhara #ranasinghe
13 days ago
Former world and Olympic champion Jonny Brownlee has retired at the age of 36.
The Briton won Olympic bronze at London 2012, silver at Rio 2016 and gold in the mixed relay at Tokyo 2020.
He is also a six‑time world champion and won mixed team relay gold at the 2014 Commonwealth Games.
Brother Alistair, the double Olympic champion, retired at the age of 36 in 2024.
"I've been thinking about it for a while. I've won more than I ever thought I'd ever achieve," Jonny told BBC Sport.
#jonny #i 've #retired #mixed
The Briton won Olympic bronze at London 2012, silver at Rio 2016 and gold in the mixed relay at Tokyo 2020.
He is also a six‑time world champion and won mixed team relay gold at the 2014 Commonwealth Games.
Brother Alistair, the double Olympic champion, retired at the age of 36 in 2024.
"I've been thinking about it for a while. I've won more than I ever thought I'd ever achieve," Jonny told BBC Sport.
#jonny #i 've #retired #mixed
14 days ago
Remixpoint Inc. (TYO: 3825), a Tokyo, ****** an-listed energy and digital ****** ets company, announced on Sep. 2 that it has sold all its holdings in XRP, Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE). The company now holds only Bitcoin (BTC) in its digital ****** et treasury.
The company sold 1.19 million XRP, 901.45 ETH, 13,920 SOL, and 2.8 million DOGE for approximately $5.5 million.
The sale generated a gain of around $737,000 — $72,000 in XRP, $377,000 in ETH, and $308,000 in SOL. But the DOGE sale led to a loss of $21,000.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
The company now holds 1,506 BTC worth approximately $115.3 million. In fact, Bitcoin is now the only cryptocurrency it holds in its digital ****** et treasury.
#digital #Bitcoin #only
The company sold 1.19 million XRP, 901.45 ETH, 13,920 SOL, and 2.8 million DOGE for approximately $5.5 million.
The sale generated a gain of around $737,000 — $72,000 in XRP, $377,000 in ETH, and $308,000 in SOL. But the DOGE sale led to a loss of $21,000.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
The company now holds 1,506 BTC worth approximately $115.3 million. In fact, Bitcoin is now the only cryptocurrency it holds in its digital ****** et treasury.
#digital #Bitcoin #only
15 days ago
An Olympic rower has recalled the "frightening" moment he feared a motorboat rider was going to "ram" him on the River Thames.
Jack Beaumont, who won silver in the men's quadruple sculls at the Tokyo Olympics in 2021, said he had been training when he saw a motorboat collide with a rowing boat near Maidenhead Rowing Club at around 7.15am on Sunday.
He said that after trying to intervene, the man driving the motorboat then began "shouting and swearing" and "threatening" him.
A man aged 67, from Windsor, was arrested after the alleged incident.
He has since been released on conditional police bail while the investigation continues, Thames Valley Police said.
#motorboat #rowing #beaumont
Jack Beaumont, who won silver in the men's quadruple sculls at the Tokyo Olympics in 2021, said he had been training when he saw a motorboat collide with a rowing boat near Maidenhead Rowing Club at around 7.15am on Sunday.
He said that after trying to intervene, the man driving the motorboat then began "shouting and swearing" and "threatening" him.
A man aged 67, from Windsor, was arrested after the alleged incident.
He has since been released on conditional police bail while the investigation continues, Thames Valley Police said.
#motorboat #rowing #beaumont
16 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Nvidia Corp. (NASDAQ:NVDA) just posted another record quarter, with revenue up 106% to $96.2 billion and profit more than doubling to $59.7 billion.
Howard W. French, a former New York Times Tokyo bureau chief who covered the aftermath of ****** an's bubble, says his first reaction was fear.
In a Foreign Policy column, French argues the financing structure forming around Nvidia increasingly resembles corporate ****** an in the late 1980s.
French notes the S&P 500 trades at about 23 times expected earnings, roughly a third of Tokyo's multiple in December 1989. His concern is less about Nvidia's valuation than the increasingly intertwined relationships between the chipmaker and its customers.
#times
Nvidia Corp. (NASDAQ:NVDA) just posted another record quarter, with revenue up 106% to $96.2 billion and profit more than doubling to $59.7 billion.
Howard W. French, a former New York Times Tokyo bureau chief who covered the aftermath of ****** an's bubble, says his first reaction was fear.
In a Foreign Policy column, French argues the financing structure forming around Nvidia increasingly resembles corporate ****** an in the late 1980s.
French notes the S&P 500 trades at about 23 times expected earnings, roughly a third of Tokyo's multiple in December 1989. His concern is less about Nvidia's valuation than the increasingly intertwined relationships between the chipmaker and its customers.
#times
16 days ago
Acclaimed ****** anese artist Yayoi Kusama has passed away aged 97.
The popular artist, who was known for her colorful art installations and surreal sculptures, died at a hospital in Tokyo on Aug. 14, the Yayoi Kusama Studio confirmed. "She continued to paint until her final days, never setting aside her brush, and continued exploration of forever love and eternal soul," a statement from the studio read. "She continued to paint until her final days, never setting aside her brush, and continued exploration of forever love and eternal soul."
Born in 1929, Kusama was a prolific artist known for her embrace of colorful motifs, vibrant polka dot designs, and abstract expressionism. Outside of sculptures and installations, she also painted, did performance art, wrote poetry, and had frequent involvement in the fashion industry. Her work has been exhibited all over the world, including at the Museum of Modern Art in New York, the Tate Modern in London, and the National Museum of Modern Art in Tokyo.
Throughout her career, she was open about her mental health struggles and revealed that she suffered from obsessive-compulsive disorder, hallucinations, and mania.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#artist #love #tokyo
The popular artist, who was known for her colorful art installations and surreal sculptures, died at a hospital in Tokyo on Aug. 14, the Yayoi Kusama Studio confirmed. "She continued to paint until her final days, never setting aside her brush, and continued exploration of forever love and eternal soul," a statement from the studio read. "She continued to paint until her final days, never setting aside her brush, and continued exploration of forever love and eternal soul."
Born in 1929, Kusama was a prolific artist known for her embrace of colorful motifs, vibrant polka dot designs, and abstract expressionism. Outside of sculptures and installations, she also painted, did performance art, wrote poetry, and had frequent involvement in the fashion industry. Her work has been exhibited all over the world, including at the Museum of Modern Art in New York, the Tate Modern in London, and the National Museum of Modern Art in Tokyo.
Throughout her career, she was open about her mental health struggles and revealed that she suffered from obsessive-compulsive disorder, hallucinations, and mania.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#artist #love #tokyo
18 days ago
I remember thinking "why are these views not being challenged in the copy?" when first reading Sophie Cunningham's comments in an ESPN profile last month.
The story dealt with Cunningham's status as a 3-and-D player who toes the line between effective and reckless in her aggression on the court. Buried deep in the story is a quote where she says she does not oppose trans people but "I want to protect young girls in a locker room, or young girls in sport who shouldn't have to go against biological men."
My friend and fellow journalist Frankie de la Cretaz sent me the profile lamenting that this quote was left to stand on its own, without any context. Leaving it unchallenged validated Cunningham's claim that trans women are "biological men," and that trans women were harming girls in women's sports. There is no evidence of either claim.
The changes trans athletes go through with hormone replacement therapy as part of medical transition are complex. But they rewire a body to match the ******* a trans person identifies with. That's why organizations let them participate in sports consistent with their identity once they have reached a certain hormonal threshold.
There were nevertheless very few trans elite athletes, because there are very few elite athletes in general. After the Olympics allowed trans women to compete alongside women for the 2004 games in Athens, only one transgender woman has made it since: weightlifter Laurel Hubbard, at Tokyo in 2021. She failed to complete a single lift.
#profile #young #claim
The story dealt with Cunningham's status as a 3-and-D player who toes the line between effective and reckless in her aggression on the court. Buried deep in the story is a quote where she says she does not oppose trans people but "I want to protect young girls in a locker room, or young girls in sport who shouldn't have to go against biological men."
My friend and fellow journalist Frankie de la Cretaz sent me the profile lamenting that this quote was left to stand on its own, without any context. Leaving it unchallenged validated Cunningham's claim that trans women are "biological men," and that trans women were harming girls in women's sports. There is no evidence of either claim.
The changes trans athletes go through with hormone replacement therapy as part of medical transition are complex. But they rewire a body to match the ******* a trans person identifies with. That's why organizations let them participate in sports consistent with their identity once they have reached a certain hormonal threshold.
There were nevertheless very few trans elite athletes, because there are very few elite athletes in general. After the Olympics allowed trans women to compete alongside women for the 2004 games in Athens, only one transgender woman has made it since: weightlifter Laurel Hubbard, at Tokyo in 2021. She failed to complete a single lift.
#profile #young #claim
19 days ago
In what was the biggest race of his life, Ryan Preece not only earned his first career win at Daytona, but he clinched himself into the Chase for the first time in his career. This was not only huge for his season, but this race was personal. Considering the scary crashes Preece experienced in 2023 and 2025 at Daytona, it was fitting for it to be a happy ending this time. Yet, for what seemed like a dream scenario for RFK Racing and this #60 team, it definitely did not go to plan.
Things went array early in the race. As the field came to end stage one, Kyle Larson gave RFK's Chris Buescher a bad push. Buescher would hit the outside wall, while Kyle Larson and Ryan Preece would Tokyo drift through the grass. Preece's involvement in the incident was huge intially. Entering the race, he was one of three drivers who was fighting for the remaining two Chase positions. While this crash didn't eliminate him, it did send him from third to eighth in just a few hundred feet. This would end up costing Preece five points. In addition, his competitor Shane van Gisbergen would benefit from the incident, passing the crash to win the stage. This exchange put him another seven points behind his target.
Preece made up for that loss by clawing his way back in stage two to finish second. Throughout the race, he earned himself twelve stage points, while van Gisbergen only scored the ten. While two points isn't significant, it still is something.
The latter portion of the race was an uneventful strategic battle. With 39 laps to go, Ross Chastain led a group of Chevy's into pit road. Then, another handful of drivers countered with around twenty laps to go. These drivers would attempt to gain an advantage, but it would later be washed away. Preece and others would remain on the track, hoping for some luck.
With around ten laps to go, thing got chaotic while Preece was leading. Then with six laps to go, it snapped. Carson Hocevar made an abrupt move on Preece entering turn three, where he would lose control of his car. Hocevar would then come back onto the track, make hard contact with the outside wall, and collect Erik Jones in the process.
#daytona
Things went array early in the race. As the field came to end stage one, Kyle Larson gave RFK's Chris Buescher a bad push. Buescher would hit the outside wall, while Kyle Larson and Ryan Preece would Tokyo drift through the grass. Preece's involvement in the incident was huge intially. Entering the race, he was one of three drivers who was fighting for the remaining two Chase positions. While this crash didn't eliminate him, it did send him from third to eighth in just a few hundred feet. This would end up costing Preece five points. In addition, his competitor Shane van Gisbergen would benefit from the incident, passing the crash to win the stage. This exchange put him another seven points behind his target.
Preece made up for that loss by clawing his way back in stage two to finish second. Throughout the race, he earned himself twelve stage points, while van Gisbergen only scored the ten. While two points isn't significant, it still is something.
The latter portion of the race was an uneventful strategic battle. With 39 laps to go, Ross Chastain led a group of Chevy's into pit road. Then, another handful of drivers countered with around twenty laps to go. These drivers would attempt to gain an advantage, but it would later be washed away. Preece and others would remain on the track, hoping for some luck.
With around ten laps to go, thing got chaotic while Preece was leading. Then with six laps to go, it snapped. Carson Hocevar made an abrupt move on Preece entering turn three, where he would lose control of his car. Hocevar would then come back onto the track, make hard contact with the outside wall, and collect Erik Jones in the process.
#daytona
19 days ago
A runner-up last year in the Sydney Marathon, Ethiopian Addisu Gobena won the event on Saturday, emerging from a field that featured the 2025 winner, fellow Ethiopian Hailemaryam Kiros, and the reigning world champion, Tanzania's Alphonce Simbu.
Gobena smashed Kiros' course record of 2:06:06 with a time of 2:04:42.
Although Simbu was taken down, the 2025 world champion on the women's side, Kenya's Peres Jepchirchir, wasn't defeated in Australia. Jepchirchir, a 2021 Olympic gold medalist, finished just nine seconds shy of the course record, clocking in at 2:18:31.
In its second year as a World Marathon major — there are currently seven (the others are Tokyo, Boston, London, Berlin, Chicago and New York City) — the Sydney Marathon hosted around 40,000 expected runners who raced from North Sydney, across the Sydney Harbor Bridge and to the finish line, which was located in front of the city's iconic Opera House.
The Sydney Marathon marked the fourth event on this year's Marathon Major calendar. With a more demanding course than some of the majors, there was once again plenty of intrigue in Sydney. Last year, Kiros finished first among the men, while Sifan Hassan, a three-time Olympic gold medalist representing the Netherlands, took home the women's in 2:18:22. She didn't take part in Saturday's race, however.
#sydney #ethiopian
Gobena smashed Kiros' course record of 2:06:06 with a time of 2:04:42.
Although Simbu was taken down, the 2025 world champion on the women's side, Kenya's Peres Jepchirchir, wasn't defeated in Australia. Jepchirchir, a 2021 Olympic gold medalist, finished just nine seconds shy of the course record, clocking in at 2:18:31.
In its second year as a World Marathon major — there are currently seven (the others are Tokyo, Boston, London, Berlin, Chicago and New York City) — the Sydney Marathon hosted around 40,000 expected runners who raced from North Sydney, across the Sydney Harbor Bridge and to the finish line, which was located in front of the city's iconic Opera House.
The Sydney Marathon marked the fourth event on this year's Marathon Major calendar. With a more demanding course than some of the majors, there was once again plenty of intrigue in Sydney. Last year, Kiros finished first among the men, while Sifan Hassan, a three-time Olympic gold medalist representing the Netherlands, took home the women's in 2:18:22. She didn't take part in Saturday's race, however.
#sydney #ethiopian
20 days ago
Bengaluru: While the Indian cricket team made its Asian Games debut in Hangzhou in 2023, its first appearance at a multi-sport event came at the 1998 Commonwealth Games. In Kuala Lumpur, a star-studded side featuring Sachin Tendulkar, Anil ***** ble, VVS Laxman and Harbhajan Singh bowed out in the league phase. Twenty-five years later, Laxman returned to the multi-sport arena, this time as coach, guiding India to gold in Hangzhou.
Now, as the Shreyas Iyer-led Indian team prepares to defend its ***** le at Korogi Athletic Park in Aichi Prefecture, ***** an beginning with the quarterfinals on Sept 28, Laxman spoke exclusively to TOI of the unique appeal of multi-sport events, India's Asian Games campaign and the experience of being part of the cricket team's journey from its first CWG appearance to maiden Asian Games gold.
"My first experience of a multi-discipline event was at the 1998 Commonwealth Games. The whole experience of being part of the Indian contingent feels really great, and that kind of experience every young cricketer should get. It's great that I've had that opportunity both as a player and coach," said the head of cricket at the BCCI Centre of Excellence.
Recalling the Hangzhou experience, the former batting great said, "Obviously, it's not like your mainstream cricket series or tournaments that we've been part of since we started playing for the country. The Asian Games was a great experience and exposure because not often do we get to visit the Games village, meet a sportsperson from other disciplines, interact with them, see how they train and prepare. A group of us went to support the Indian badminton team, which was fantastic."
India, Pakistan, Bangladesh and Sri Lanka are the seeded teams making the quarterfinals directly, with Afghanistan, ***** an, Nepal, Hong Kong, Malaysia and Oman fighting for the other four knockout berths.
While India will start favourites, they can ill afford to take the other teams lightly, with Nepal giving them a run for their medal in the previous edition before India won by 23 runs to make the semifinals.
India will play a match against ***** an and train in Tokyo for three days before heading to the host city. Laxman pointed to the match against Nepal and said, "One thing which we have learnt playing the game is never underestimate your opponent."
Beyond the game, Laxman believes it is about knowledge sharing.
"Given the experience and the exposure the Indian cricketers have, at the end of the match it's also about sharing that experience with players from other countries. After Nepal ran us close in the previous edition of the Asian Games, their coach invited me to talk to the team, which was an opportunity to share knowledge. It's not just me, but that's the way the entire group of players will approach the experience," Laxman stated.
#experience #nepal #hangzhou
Now, as the Shreyas Iyer-led Indian team prepares to defend its ***** le at Korogi Athletic Park in Aichi Prefecture, ***** an beginning with the quarterfinals on Sept 28, Laxman spoke exclusively to TOI of the unique appeal of multi-sport events, India's Asian Games campaign and the experience of being part of the cricket team's journey from its first CWG appearance to maiden Asian Games gold.
"My first experience of a multi-discipline event was at the 1998 Commonwealth Games. The whole experience of being part of the Indian contingent feels really great, and that kind of experience every young cricketer should get. It's great that I've had that opportunity both as a player and coach," said the head of cricket at the BCCI Centre of Excellence.
Recalling the Hangzhou experience, the former batting great said, "Obviously, it's not like your mainstream cricket series or tournaments that we've been part of since we started playing for the country. The Asian Games was a great experience and exposure because not often do we get to visit the Games village, meet a sportsperson from other disciplines, interact with them, see how they train and prepare. A group of us went to support the Indian badminton team, which was fantastic."
India, Pakistan, Bangladesh and Sri Lanka are the seeded teams making the quarterfinals directly, with Afghanistan, ***** an, Nepal, Hong Kong, Malaysia and Oman fighting for the other four knockout berths.
While India will start favourites, they can ill afford to take the other teams lightly, with Nepal giving them a run for their medal in the previous edition before India won by 23 runs to make the semifinals.
India will play a match against ***** an and train in Tokyo for three days before heading to the host city. Laxman pointed to the match against Nepal and said, "One thing which we have learnt playing the game is never underestimate your opponent."
Beyond the game, Laxman believes it is about knowledge sharing.
"Given the experience and the exposure the Indian cricketers have, at the end of the match it's also about sharing that experience with players from other countries. After Nepal ran us close in the previous edition of the Asian Games, their coach invited me to talk to the team, which was an opportunity to share knowledge. It's not just me, but that's the way the entire group of players will approach the experience," Laxman stated.
#experience #nepal #hangzhou
21 days ago
Brazil's Alison dos Santos smashed the 400m hurdles world record in an astonishing night of action at the Zurich Diamond League meeting.
The 26-year-old has been in excellent form this season, undefeated in the event, but there was little to suggest that Karsten Warholm's 2021 mark of 45.94 seconds was under threat.
But, with Warholm a distant second, Tokyo 2025 silver medallist Dos Santos cantered off the final hurdle and pushed through to clock 45.80 seconds.
His previous personal best stood at 46.29 and was set four years ago.
Just 75 minutes later, another world record fell in front of the 25,000-strong capacity crowd
#World #zurich #karsten #warholm
The 26-year-old has been in excellent form this season, undefeated in the event, but there was little to suggest that Karsten Warholm's 2021 mark of 45.94 seconds was under threat.
But, with Warholm a distant second, Tokyo 2025 silver medallist Dos Santos cantered off the final hurdle and pushed through to clock 45.80 seconds.
His previous personal best stood at 46.29 and was set four years ago.
Just 75 minutes later, another world record fell in front of the 25,000-strong capacity crowd
#World #zurich #karsten #warholm
21 days ago
ZURICH (AP) — Alison Dos Santos of Brazil broke the men's 400-meter hurdles world record at a Diamond League meet on Thursday.
Dos Santos crossed the line in 45.80 seconds at the Weltklasse to take 0.14 seconds off the world record set by Karsten Warholm of Norway at the Tokyo Olympics in 2021.
Warholm finished second Thursday in 46.69.
The 26-year-old Dos Santos was the 2022 world champion and is a two-time Olympic bronze medalist.
___
#record
Dos Santos crossed the line in 45.80 seconds at the Weltklasse to take 0.14 seconds off the world record set by Karsten Warholm of Norway at the Tokyo Olympics in 2021.
Warholm finished second Thursday in 46.69.
The 26-year-old Dos Santos was the 2022 world champion and is a two-time Olympic bronze medalist.
___
#record
22 days ago
Using bright colours, shapes, patterns and reflections, **** anese artist Yayoi Kusama, who has died at the age of 97, was known for creating extraordinary immersive worlds that delighted millions of people around the globe.
[Getty Images]
Kusama emerged as part of the pop art movement - and was among a select group of artists whose work became truly popular with a mass audience, attracting crowds to exhibitions from Tokyo to New York and London.
[Getty Images]
Her trademark polka dots covered entire galleries and giant sculptures, and she also used mirrors and lights to create the effect of shapes and patterns disappearing into infinity.
#kusama #getty #images #shapes
[Getty Images]
Kusama emerged as part of the pop art movement - and was among a select group of artists whose work became truly popular with a mass audience, attracting crowds to exhibitions from Tokyo to New York and London.
[Getty Images]
Her trademark polka dots covered entire galleries and giant sculptures, and she also used mirrors and lights to create the effect of shapes and patterns disappearing into infinity.
#kusama #getty #images #shapes
23 days ago
September S&P 500 E-Mini futures (ESU26) are down -0.19%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.59% this morning, pointing to a lower open on Wall Street as chipmakers came under pressure at the start of a pivotal week.
Chip and AI infrastructure stocks were among the biggest losers in pre-market trading, following a slump in major tech names across Asia. Samsung Electronics sank over -8% in Seoul after the chipmaker's record shareholder return plan disappointed investors. Also, Alibaba Group tumbled more than -8% in Hong Kong after the tech heavyweight raised HK$80 billion ($10.2 billion) in the city's largest secondary share offering. In addition, SoftBank Group slid over -5% in Tokyo after announcing plans for a record 1 trillion yen ($6.3 billion) retail bond sale to finance its AI investments.
Soros Fund Management Opened a New Position in Nebius During Q2. What This Means for NBIS Stock.
Ahead of Nvidia Earnings, Here's What Barchart Data Says Comes Next for NVDA Stock
Nvidia Earnings, Jackson Hole and Other Key Things to Watch this Week
#group
Chip and AI infrastructure stocks were among the biggest losers in pre-market trading, following a slump in major tech names across Asia. Samsung Electronics sank over -8% in Seoul after the chipmaker's record shareholder return plan disappointed investors. Also, Alibaba Group tumbled more than -8% in Hong Kong after the tech heavyweight raised HK$80 billion ($10.2 billion) in the city's largest secondary share offering. In addition, SoftBank Group slid over -5% in Tokyo after announcing plans for a record 1 trillion yen ($6.3 billion) retail bond sale to finance its AI investments.
Soros Fund Management Opened a New Position in Nebius During Q2. What This Means for NBIS Stock.
Ahead of Nvidia Earnings, Here's What Barchart Data Says Comes Next for NVDA Stock
Nvidia Earnings, Jackson Hole and Other Key Things to Watch this Week
#group
24 days ago
Two established fan favorites look to reassert their standing at the top of a talent-laden women's atomweight MMA division at ONE SAMURAI 4.
Itsuki "Android 18" Hirata and Jihin "Shadow Cat" Radzuan will settle unfinished business when they meet in a pivotal atomweight MMA rematch, which emanates live from Ariake Arena in Tokyo, **** an, on Saturday, October 17.
Hirata originally burst onto the global stage with real fanfare, backing up her widespread popularity with formidable judo skills. The 27-year-old ignited her promotional tenure with a flawless 4-0 run that featured three finishes.
However, that momentum came to a screeching halt when her path first crossed with Jihin's at the historic ONE X in 2022.
Entering the highly anticipated bout as the clear favorite, the Tokyo native found her signature hip throws repeatedly neutralized by the resilient Malaysian underdog. Jihin executed clever escapes and expertly timed strikes to control the exchanges, ultimately leaving Hirata trailing on the judges' scorecards to secure a split-decision upset.
#jihin
Itsuki "Android 18" Hirata and Jihin "Shadow Cat" Radzuan will settle unfinished business when they meet in a pivotal atomweight MMA rematch, which emanates live from Ariake Arena in Tokyo, **** an, on Saturday, October 17.
Hirata originally burst onto the global stage with real fanfare, backing up her widespread popularity with formidable judo skills. The 27-year-old ignited her promotional tenure with a flawless 4-0 run that featured three finishes.
However, that momentum came to a screeching halt when her path first crossed with Jihin's at the historic ONE X in 2022.
Entering the highly anticipated bout as the clear favorite, the Tokyo native found her signature hip throws repeatedly neutralized by the resilient Malaysian underdog. Jihin executed clever escapes and expertly timed strikes to control the exchanges, ultimately leaving Hirata trailing on the judges' scorecards to secure a split-decision upset.
#jihin
24 days ago
Reigning ONE Atomweight Muay Thai World Champion Nadaka is a generational talent whose mastery inside the ring transcends eras.
The **** anese phenom stands as the archetype of a complete striker, seamlessly fusing speed, precision, and fight-ending power. Yet beyond his physical gifts, his elite fight IQ and mental fortitude separate him from his peers.
As the only non-Thai athlete in history to simultaneously hold the coveted Lumpinee and Rajadamnern Stadium World **** les, the **** anese superstar boasts a 67-6 professional record.
Having not lost a bout in over six years, his five consecutive victories against the elite in ONE Championship have stretched that remarkable run to an astonishing 41 straight wins.
Nadaka now looks to conquer new territory when he steps into the world of kickboxing for the first time against Har Ling Om at ONE SAMURAI 3 on September 12, streamed live from Yokohama Buntai. Just a month later, the defending champion returns to defend his Muay Thai crown against Rifdean "Magic Boy" Masdor at ONE SAMURAI 4 on October 17 inside Tokyo's Ariake Arena.
#nadaka #samurai #elite
The **** anese phenom stands as the archetype of a complete striker, seamlessly fusing speed, precision, and fight-ending power. Yet beyond his physical gifts, his elite fight IQ and mental fortitude separate him from his peers.
As the only non-Thai athlete in history to simultaneously hold the coveted Lumpinee and Rajadamnern Stadium World **** les, the **** anese superstar boasts a 67-6 professional record.
Having not lost a bout in over six years, his five consecutive victories against the elite in ONE Championship have stretched that remarkable run to an astonishing 41 straight wins.
Nadaka now looks to conquer new territory when he steps into the world of kickboxing for the first time against Har Ling Om at ONE SAMURAI 3 on September 12, streamed live from Yokohama Buntai. Just a month later, the defending champion returns to defend his Muay Thai crown against Rifdean "Magic Boy" Masdor at ONE SAMURAI 4 on October 17 inside Tokyo's Ariake Arena.
#nadaka #samurai #elite
25 days ago
Archion Corporation, the newly-established holding company for **** anese truck-makers Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors, reported its maiden quarterly financial results, for the first quarter of the current fiscal year and its outlook for the full year.
The company was established at the beginning of **** an's current fiscal year, on 1 April 2026, as the 100% shareholder of both Hino Motors and MFTBC. The truck-makers' former parent companies, Toyota Motor Corporation and Daimler Truck AG, each own 25% of Archion's equity, with the remaining 50% of shares publicly traded on the Tokyo Stock Exchange.
Combined Hino and MFTBC revenues increased by 14% year-on-year to JPY 597.9 billion (US$ 3.76 billion) on a like-for-like basis in the April-June quarter of 2026, while operating earnings rose by 32% to JPY 29 billion before 'preliminary bargain purchase' gains.
Including the preliminary bargain purchase gains, applicable because "the fair value of the net **** ets acquired exceeded the purchase consideration transferred at the time of the integration," operating profit rose elevenfold year-on-year to JPY 262.3 billion, while net profits were up fourteenfold to JPY 262.3 billion.
Total vehicle sales rose by 14% year-on-year to 60,000 units in the April-June quarter, up from 52,000 units a year earlier, supported by "strong products, improved product offering and supply following the launch of new heavy-duty and light-duty truck models."
#rose
The company was established at the beginning of **** an's current fiscal year, on 1 April 2026, as the 100% shareholder of both Hino Motors and MFTBC. The truck-makers' former parent companies, Toyota Motor Corporation and Daimler Truck AG, each own 25% of Archion's equity, with the remaining 50% of shares publicly traded on the Tokyo Stock Exchange.
Combined Hino and MFTBC revenues increased by 14% year-on-year to JPY 597.9 billion (US$ 3.76 billion) on a like-for-like basis in the April-June quarter of 2026, while operating earnings rose by 32% to JPY 29 billion before 'preliminary bargain purchase' gains.
Including the preliminary bargain purchase gains, applicable because "the fair value of the net **** ets acquired exceeded the purchase consideration transferred at the time of the integration," operating profit rose elevenfold year-on-year to JPY 262.3 billion, while net profits were up fourteenfold to JPY 262.3 billion.
Total vehicle sales rose by 14% year-on-year to 60,000 units in the April-June quarter, up from 52,000 units a year earlier, supported by "strong products, improved product offering and supply following the launch of new heavy-duty and light-duty truck models."
#rose
25 days ago
By John Geddie, Yukiko Toyoda, Ben Blanchard and Aftab Ahmed
TOKYO/TAIPEI/NEW DELHI, Aug 24 (Reuters) - Donald Trump's olive branch to North Korea's Kim Jong Un at the expense of a long-standing ally comes at a pivotal moment for U.S. security ties in Asia, as partners from ****** an to India reassess how much they can rely on Washington.
The U.S. president's abrupt decision to cut back military drills with South Korea last week, which he described as hostile to Pyongyang, has reinforced fears that Trump's unpredictability could strain alliances that have long maintained peace in the region, government officials and security experts said.
Japan worries it too could find itself in Trump's cross-hairs as it embarks on thorny security negotiations; Taiwan is warily watching an upcoming summit between Trump and Chinese President Xi Jinping; and India is growing less certain of its place in Washington's strategic calculus.
"The decision will certainly fuel growing doubts in the region about U.S. security commitments," said Jeremy Chan, a senior ****** yst with political risk consultancy Eurasia Group and former U.S. diplomat in ****** an and China.
#security #john
TOKYO/TAIPEI/NEW DELHI, Aug 24 (Reuters) - Donald Trump's olive branch to North Korea's Kim Jong Un at the expense of a long-standing ally comes at a pivotal moment for U.S. security ties in Asia, as partners from ****** an to India reassess how much they can rely on Washington.
The U.S. president's abrupt decision to cut back military drills with South Korea last week, which he described as hostile to Pyongyang, has reinforced fears that Trump's unpredictability could strain alliances that have long maintained peace in the region, government officials and security experts said.
Japan worries it too could find itself in Trump's cross-hairs as it embarks on thorny security negotiations; Taiwan is warily watching an upcoming summit between Trump and Chinese President Xi Jinping; and India is growing less certain of its place in Washington's strategic calculus.
"The decision will certainly fuel growing doubts in the region about U.S. security commitments," said Jeremy Chan, a senior ****** yst with political risk consultancy Eurasia Group and former U.S. diplomat in ****** an and China.
#security #john
25 days ago
On the global stage of ONE Championship, Jonathan "The General" Haggerty has made a habit of putting on a show. Lately, he has started wondering if the red carpet might follow suit.
The reigning ONE Bantamweight Kickboxing World Champion defends his gold against former divisional king Hiroki Akimoto at ONE SAMURAI 4 inside Tokyo's Ariake Arena on Saturday, October 17.
That fight will come soon enough. Beyond the gym walls and the ring, though, Haggerty has become a familiar face at a couple of film premieres in the United Kingdom.
He attended the London premiere of From the World of John Wick: Ballerina last June, and more recently walked the carpet for Giant, the biopic charting the rise of boxing icon Naseem Hamed – better known to fans of the sweet science as Prince Naseem – when it hit British cinemas this past January.
Those appearances were not simply a passing novelty for the 29-year-old, either.
#haggerty #World #kickboxing
The reigning ONE Bantamweight Kickboxing World Champion defends his gold against former divisional king Hiroki Akimoto at ONE SAMURAI 4 inside Tokyo's Ariake Arena on Saturday, October 17.
That fight will come soon enough. Beyond the gym walls and the ring, though, Haggerty has become a familiar face at a couple of film premieres in the United Kingdom.
He attended the London premiere of From the World of John Wick: Ballerina last June, and more recently walked the carpet for Giant, the biopic charting the rise of boxing icon Naseem Hamed – better known to fans of the sweet science as Prince Naseem – when it hit British cinemas this past January.
Those appearances were not simply a passing novelty for the 29-year-old, either.
#haggerty #World #kickboxing
26 days ago
By Yuka Obayashi
TOKYO, Aug 23 (Reuters) - ****** anese ice-skating champions Riku Miura and Ryuichi Kihara, who won the hearts of many ****** anese in a country where skating can top the news bulletins, announced their engagement on Sunday, becoming partners off as well as on the ice.
"We're engaged," they posted on Instagram with a photo of Kihara kneeling on the ice to present Miura with the ring. "Through both the happy times and the difficult ones, we've shared so many moments together, supporting each other every step of the way."
Known jointly as "Riku-Ryu", Miura, 24, and Kihara, who turned 34 on Saturday, become the first ****** anese pair to win Olympic gold in figure skating at the Milano Cortina Winter Games in February.
Known for smiling, laughing and hugging — with Kihara sometimes carrying the 146-cm (4-foot-nine-inch) Miura onto and off the ice — the couple have had their share of difficult and happy times from teaming up in 2019 to announcing their retirement from competitive skating in April.
#happy
TOKYO, Aug 23 (Reuters) - ****** anese ice-skating champions Riku Miura and Ryuichi Kihara, who won the hearts of many ****** anese in a country where skating can top the news bulletins, announced their engagement on Sunday, becoming partners off as well as on the ice.
"We're engaged," they posted on Instagram with a photo of Kihara kneeling on the ice to present Miura with the ring. "Through both the happy times and the difficult ones, we've shared so many moments together, supporting each other every step of the way."
Known jointly as "Riku-Ryu", Miura, 24, and Kihara, who turned 34 on Saturday, become the first ****** anese pair to win Olympic gold in figure skating at the Milano Cortina Winter Games in February.
Known for smiling, laughing and hugging — with Kihara sometimes carrying the 146-cm (4-foot-nine-inch) Miura onto and off the ice — the couple have had their share of difficult and happy times from teaming up in 2019 to announcing their retirement from competitive skating in April.
#happy
27 days ago
By Makiko Yamazaki
TOKYO, Aug 20 (Reuters) - ***** an's imports hit a monthly record in July as elevated oil prices drove up energy costs and inflationary pressures, while exports also climbed to an all-time high on a weaker yen and robust semiconductor-related demand.
Total imports by value grew 27.8% from a year earlier to 12.1 trillion yen ($76.39 billion), data showed on Thursday, hitting a fresh record for the second straight month and exceeding market forecasts for a 26.5% increase.
Japan's crude oil import volumes have rebounded as alternative supplies, mainly from the United States, replace Middle Eastern shipments disrupted by the conflict in the Middle East.
The persistence of wholesale inflation, together with resilient exports, is likely to support the case for the Bank of ***** an to continue to normalise monetary policy, as the central bank is set to raise rates as soon as September.
#exports #tokyo
TOKYO, Aug 20 (Reuters) - ***** an's imports hit a monthly record in July as elevated oil prices drove up energy costs and inflationary pressures, while exports also climbed to an all-time high on a weaker yen and robust semiconductor-related demand.
Total imports by value grew 27.8% from a year earlier to 12.1 trillion yen ($76.39 billion), data showed on Thursday, hitting a fresh record for the second straight month and exceeding market forecasts for a 26.5% increase.
Japan's crude oil import volumes have rebounded as alternative supplies, mainly from the United States, replace Middle Eastern shipments disrupted by the conflict in the Middle East.
The persistence of wholesale inflation, together with resilient exports, is likely to support the case for the Bank of ***** an to continue to normalise monetary policy, as the central bank is set to raise rates as soon as September.
#exports #tokyo
