Siemens Lifts Smart Infrastructure Outlook After Data Center Demand Boosts Profit, Orders

The division produces electrical and grid equipment and won a number of large contracts from the U.S. and Europe as companies race to build artificial intelligence infrastructure.

SoftBank Group Reports Lower Quarterly Profit

SoftBank Group's first-quarter net profit dropped due to lower gains from its Vision Funds business.

Arms Maker Rheinmetall Trims Sales Guidance After Germany Scraps Frigate Project