TOKYO (Reuters) - SoftBank Group Corp broke with tradition on Tuesday and declined to disclose operating profit in its quarterly results, saying the measure was “not useful” to gauge performance, and instead pointed to a $2.8 billion gain at its Vision Fund.

Chief Executive Masayoshi Son has long emphasised the total value of assets as his preferred yardstick. By jettisoning operating profit, however, SoftBank could further stoke investor complaints about a firm long seen as opaque and hard to value.

SoftBank, which plunged to a

COPENHAGEN (Reuters) - Shares in the world’s largest wind turbine maker, Vestas ( VWS.CO ), hit a record high after the company reintroduced full year revenue guidance on Tuesday following a surge in second quarter sales.

The Danish company’s earnings for April-June fell well short of analysts’ expectations due

(Reuters) - Leaders from major U.S. companies, including banks and tech giants, have formed a group aimed at increasing the hiring of individuals from minority communities in New York.

The New York Jobs CEO Council, which counts chief executives from 27 firms among its members, aims to hire 100,000 people from low-income Black, Latino and Asian communities by 2030.

Jamie Dimon, chief executive of JPMorgan Chase & Co ( JPM.N ), IBM

PARIS (Reuters) - Billionaire Vincent Bollore is opening a rift with LVMH’s chief ( LVMH.PA ) Bernard Arnault by unexpectedly siding with activist fund Amber Capital over Lagardere ( LAGA.PA ) to seek representation at the board of the struggling media group.

The move represents a new

BANGKOK (Reuters) - Thai Prime Minister Prayuth Chan-ocha said on Tuesday he is concerned about a growing student protest movement after another student group issued an unusually frank 10-point call for reform of the monarchy.

(Reuters) - The head of a U.N. investigative body on Myanmar said Facebook has not released evidence of “serious international crimes”, despite vowing to work with investigators looking into abuses in the country, including against the Rohingya Muslim minority.

WELLINGTON (Reuters) - A New Zealand retirement village has gone into lockdown after residents displayed symptoms of respiratory illness, the New Zealand Herald reported on Tuesday.

The Village Palms retirement village in Christchurch advised of the lockdown in a letter to family members today, the newspaper said. No further details were immediately available.

New Zealand, which has managed to largely contain the spread of the coronavirus, has gone more than 100 days without community transmission of COVID-19.

WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday he is interested in hosting a Group of Seven summit in a “calmer atmosphere” after the November presidential election, and that he has not decided whether to invite Russian President Vladimir Putin.

In May as the

TAIPEI (Reuters) - U.S. Health Secretary Alex Azar attacked China’s response to the coronavirus pandemic on Tuesday and said that if such an outbreak had emerged in Taiwan or the United States it could have been “snuffed out easily”.

The Trump administration has repeatedly criticised Beijing for trying to cover up the virus outbreak, first identified in the central Chinese city of Wuhan late last year, and prevaricating on information sharing. China angrily denies the accusations.

“The Chinese Communist Party had the chance to warn