business

Alibaba revenue tops expectation on pandemic-driven online boom

China's top e-commerce platform Alibaba Group Holding Ltd (9988.HK), reported a forecast-beating 64% surge in quarterly revenue on Thursday, as more…

5 years ago

Military coup puts Telenor’s future in Myanmar on the line

Since Myanmar’s military ordered telecoms operators to shut their networks in an effort to end protests against its February coup,…

5 years ago

Analysis: Cryptocurrency ethereum is flourishing but risks linger

Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation…

5 years ago

Is it over yet? Still no recession end date as U.S. economy hums along

The U.S. economy is growing at its fastest rate since the early 1980s while household bank accounts are bulging with…

5 years ago

Henry says Spotify CEO Ek contacted Arsenal owners for takeover offer

Spotify (SPOT.N) CEO and founder Daniel Ek has contacted Arsenal owner Stan Kroenke's family to make an offer to buy the Premier…

5 years ago

Indian shares set to snap 4-day gaining streak, Reliance earnings eyed

Indian shares stepped back on Friday after four straight sessions of gains that set them on course for their strongest…

5 years ago

U.S. economy accelerates in first quarter; jobless claims edge lower

U.S. economic growth accelerated in the first quarter, fueled by massive government aid to households and businesses, charting the course…

5 years ago

Exxon retreated from oil trading in pandemic as rivals made fortunes

Exxon Mobil’s effort to build an energy trading business to compete with those of European oil majors unraveled quickly last…

5 years ago

Wall Street edges higher on Tesla boost ahead of big tech earnings

Wall Street's main indexes rose on Monday as Tesla shares gained ahead of the electric-car maker's earnings report, which would…

5 years ago

German prosecutors charge more VW managers in emissions scandal

German prosecutors have charged 15 executives from Volkswagen AG (VOWG_p.DE) and a car supplier in connection with the diesel emissions…

5 years ago