Danish shipping giant Maersk said Friday it would slash 3,500 jobs as net profit and revenue plunged in the third quarter due to a sharp fall in freight rates.
AFP news
Nov 03, 2023
British energy giant Shell on Thursday said net profit rose 4.5 percent to $7 billion in the third quarter from a year earlier, as it benefits from high oil prices.
AFP news
Nov 02, 2023
FTX's implosion has heightened the need for more trustworthy, regulated cryptocurrency players.
Reuters
Dec 06, 2022
Most of FTX's purchases were luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost $72 million.
Reuters
Nov 22, 2022
Credit Suisse has cut eight jobs in its Southeast Asia investment banking and capital markets team, two sources familiar with the matter said.
Reuters
Nov 11, 2022
The Gulf carrier is suing Airbus over damage to the painted surface and underlying anti-lightning system of the A350.
Reuters
Nov 11, 2022
The lack of ID verification is likely to raise concerns about the possibility of people impersonating public figures.
Reuters
Nov 09, 2022
Mercedes-Benz Vans saw sales up by just under a fifth to 104,000 vehicles, with electric van sales up by a third this year so far.
Reuters
Oct 26, 2022
The world's second-largest memory chipmaker, whose clients include Apple Inc, said its investment in 2023 will be cut by more than 50%.
Reuters
Oct 26, 2022
The Swiss bank said that "the settlement does not comprise a recognition of criminal liability."
AFP news
Oct 24, 2022
The shortage of semiconductors would likely impact the carmaker until at least the middle of next year.
Reuters
Oct 21, 2022
Last year, many on Wall Street were estimating the number of COVID-19 shots would be in line with the annual flu vaccine.
Reuters
Oct 20, 2022
Financial markets have been rocked by geopolitical unrest from the Russia-Ukraine conflict and rising interest rates by central banks.
Reuters
Oct 20, 2022
Goldman Sachs Group Inc's strategy pivot has solved one problem for investors who didn't love its foray into consumer banking.
Reuters
Oct 19, 2022
Bridges, skyscrapers, footwear and more could be designed in 3-D using digital tools in the metaverse.
AFP news
Oct 14, 2022
"This game of 'hide the ball' must end," the company said in the court filing.
Reuters
Oct 14, 2022
