SoftBank reported net income of 5trn yen ($46bn) for the year ending March 31st, a record annual profit for a Japanese company. Much of that came from gains in its vision-fund investments, particularly Coupang, a South Korean e-commerce company that went public in March. It reported a deep quarterly loss this week, despite rising sales.
Elon Musk, a vocal backer of digital currencies, reversed his three-month-old policy and said that Tesla would not now accept bitcoin as payment for its cars because of the environmental effects from the electricity used to power the currency on computers.
The EU’s General Court, the second highest in the bloc, ruled that the European Commission was wrong to order Amazon to pay 250m euros ($300m) in taxes to Luxembourg, finding that the commission had not proved the firm received special tax treatment. The same court made a similar decision last year in the case of Apple; the commission is appealing that ruling to the European Court of Justice.
Almost 40% of the shareholder vote at AstraZeneca’s annual meeting rejected the salary package for its ceo, the latest in a wave of rebellions by investors against generous payouts for executives dished out during the pandemic. The pay policy—which increases the potential bonus and stock awards for Pascal Soriot—was approved by just 60% of shareholders at the meeting.
There were more signs of a recovery in the tourism industry. TUI, the world’s largest tour company, said there had been a clear pickup in demand. Although it doesn’t expect its business in 2021 to reach pre-pandemic levels, bookings for holidays next year from Britain, one of its biggest customer markets, are exceeding bookings at this point in 2019.
旅游业出现了更多复苏的迹象。全球最大的旅游公司途易(TUI)表示，市场需求出现了明显回升 。尽管该公司预计2021年的业务无法达到疫情前的水平，但其最大的客户市场之一英国明年假期的预订量已超过2019年的预定量 。
1. go public 上市（企业发行股票）；公开宣布
The remaining partnerships seem in no hurry to go public.
2. at this point 这个时候；此时此刻
At this point I don't care what you decide to do.
3. dish out 给予；分发
They dish out clean towels on Monday.
4. annual profit 年度净利润
The company reported a 13% growth in annual profit earlier this week.