World Economic Magazine

Duolingo enters ‘major leagues’ with $6.5 bln valuation in strong debut

Language learning app Duolingo Inc (DUOL.O) notched a valuation of $6.5 billion after its shares surged nearly 40% in the…

5 years ago

Robinhood’s meme stock status fuels IPO uncertainty

Robinhood Markets Inc (HOOD.O) thrived thanks to the popularity of so-called meme stocks such as GameStop Corp (GME.N) with retail…

5 years ago

White House calls on America’s most critical companies to improve cyber defenses

The White House is signaling to U.S. critical infrastructure companies, such as energy providers that they must improve their cyber…

5 years ago

Analysis: Tesla hikes electric car prices in U.S.; holds line in China

Tesla Inc (TSLA.O) showed signs of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit…

5 years ago

US dollar, stocks dip as Fed keeps taper timing close to chest

U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when…

5 years ago

Sydney’s lockdown is likely to be extended, and Delta variant cases are on the rise!

On Thursday, the COVID-19 Delta outbreak in Sydney, Australia's largest city, swelled by 239 cases, the pandemic's daily maximum surge,…

5 years ago

Google parent Alphabet reaches record quarterly revenue, profit in ad boom

Google parent Alphabet Inc's (GOOGL.O) quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by…

5 years ago

Santander profit beats forecasts on strong UK, U.S. performance

Spain's Santander (SAN.MC) beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss…

5 years ago

Wizz Air sees summer capacity close to pre-pandemic levels

Wizz Air (WIZZ.L) expects capacity to ramp up to between 90% and 100% of pre-pandemic levels in July and August…

5 years ago

Microsoft sees steady cloud growth after record quarterly profit

Microsoft Corp (MSFT.O) posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC…

5 years ago