Breaking

Gazprom Profits Soar On High Energy Prices

The group announced a net profit attributable to shareholders of 2.1 trillion rubles ($29 billion). Read more

Meta Shares Soar As Facebook Records Stronger-than-expected Daily User Growth

In its latest results, Meta forecast second-quarter revenue between $28 billion and $30 billion Read more

Samsung Electronics Q1 Operating Profit Jumps 51% On Solid Chip Demand

Revenue rose 19% to a record 77.8 trillion won. Read more

Exclusive-Netflix Inks Japan Studio Deal In Anime Push

The Asia-Pacific region was the lone bright spot in Netflix's first-quarter earnings Read more

Sanders Calls On Biden To Cut Amazon Out Of U.S. Federal Contracts

Biden has ousted government officials deemed by unions to be hostile to labor Read more

Tesla Loses $126 Billion In Value Amid Musk Twitter Deal Funding Concern

Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $... Read more

Trump Rules Out Twitter Return As Musk Announces $44 Bn Purchase

The California-based platform has been dogged by complaints from conservatives that it was biased against them Read more

Twitter CEO Tells Employees Company Is In The Dark Over Future Under Musk

Agrawal also told employees there were no plans for layoffs. Read more

Twitter, Under Shareholder Pressure, Begins Deal Talks With Musk -sources

Twitter has not yet decided if it will explore a sale to put pressure on Musk to raise his bid Read more

McDonald's Calls Icahn Demands On Sourcing Pigs Unfeasible, Expensive

McDonald's said that it would require at least 300-400 times the animals housed today in "crate-free" systems to keep it... Read more

Procter & Gamble Profits Rise On Higher Pricing

P&G reported a seven percent jump in revenues to $19.4 billion, due in part to five percent higher pricing. Read more

Ukraine War Slams Brakes On European Car Sales

Several factories in Europe have had to go idle due to the lack of cables, with Volkswagen temporarily suspending produc... Read more

Tesla Reports Q1 Profits Of $3.3 Bn, Topping Expectations

A closely watched focus of analysts has been the impact of Covid-19 lockdowns on Tesla's Shanghai plant. Read more

Netflix Shares Plunge As Subscribers Drop

The streaming television race is heating up, with Disney showing earlier this year that it was closing the gap with mark... Read more

Trending Now: Netflix's Forecast As Competition Heats Up

Analysts say the company's subscriber growth will come from developing regions where it has cut prices. Read more