Technology - Jan 31, 2017
Nintendo has reported its first quarterly profit in a year, enjoying the success of its video game Pokémon go and a fall in yen’s value.
Company - Jan 31, 2017
Tokyo-based SoftBank Group is planning on an investment of more than $1 billion in US-based office space sharing start-up company – WeWork.
Company - Jan 30, 2017
Sony Corp has recently revealed that its movie segment will take an impairment charge of 112.1 billion yen ($976 million) on the goodwill value in the last quarter of 2016.
Company - Jan 30, 2017
Vodafone has confirmed that it is in negotiations for a merger of its Indian unit with Idea cellular, a deal which would create India’s biggest telecoms company.
Automotive - Jan 30, 2017
Japan-based Toyota Motors has lost its four-year long run as the world’s largest selling automaker to German rival Volkswagen, for the year 2016.
Company - Jan 30, 2017
In the wake of US President Donald Trump’s controversial executive order banning immigrants from seven Muslim countries, Starbucks has pledged to hire 10,000 refugees worldwide.
Energy - Jan 28, 2017
Global oil major Royal Dutch Shell is nearing the deal to sell a major part of its North Sea oil and gas operations to private equity-backed oil firm Chrysaor for $3 billion.
Automotive - Jan 28, 2017
US-based automotive giant General Motors has revealed that it will cut 625 jobs at its Canadian assembly point in Ontario, by shifting its production to Mexico.
Economy - Jan 28, 2017
The US GDP growth rate slowed down to 1.9 percent in the fourth quarter of the last year, below than the earlier expectations of 2.2 percent, according to the US Commerce Department.
Automotive - Jan 27, 2017
US-based automobile giant Ford announced its annual pre-tax profit for 2016 at $10.4 billion – the company’s second highest profit till date.
Technology - Jan 27, 2017
Leading PC maker Hewlett Packard (HP) has voluntarily recalled over 101,000 of its laptop batteries due to the possibility that they may overheat and catch fire.
Company - Jan 27, 2017
E-commerce giant Alibaba’s digital finance company, Ant Financial, announced that it will be acquiring the US-based money-transfer company, MoneyGram International for $880 million.
Technology - Jan 24, 2017
Samsung Electronics emerged with a 50 percent surge in the last three months of 2016, despite the infamous Galaxy Note 7 that led to widespread criticism for the company.
Company - Jan 24, 2017
British low-cost airline EasyJet has said that weaker pound and increasing fuel prices would hit its profit by a larger than expected amount of 105 million pounds ($131 million) this year.
Energy - Jan 23, 2017
Saudi Basic Industries Corp (SABIC) has signed an agreement to take over 50 percent stake in Shell Arabia, a unit of Royal Dutch Shell for $820 million.
Company - Jan 23, 2017
Heineken, world’s second largest brewer, is in negotiations with Japanese brewer Kirin Holdings to buy its beer businesses in Brazil.
Market - Jan 23, 2017
HSBC has agreed to pay 4 million pounds ($5 million) as compensation to thousands of its customers who were overcharged for goods brought on credit.
Company - Jan 23, 2017
Taiwan’s technology giant Foxconn has confirmed that it is planning to set up a new plant in the United States with an investment of more than $7 billion.
Technology - Jan 20, 2017
International Business Machines (IBM) registered its 19th straight quarter of revenue decline, adding another year to its long string of short earnings from 2011 to 2015.
Market - Jan 20, 2017
The European Central Bank (ECB) has kept its key interest rates at zero and stimulus programs unchanged for another month.