Chief Executive Officer

Apple sees bigger supply problems after strong start to year

Apple Inc (AAPL.O) on Thursday forecast bigger problems as COVID-19 lockdowns snarl production and demand in China, the war in Ukraine dents…

4 years ago

PayPal shares rise despite cut in annual profit view

PayPal Holdings Inc (PYPL.O) shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments volumes could…

4 years ago

Roblox founder’s pay jumps to $233 million on long-term stock awards

Gaming platform Roblox Corp's (RBLX.N) founder and chief executive officer David Baszucki's compensation package for 2021 totaled $232.8 million, compared with just…

4 years ago

Binance gets its first Gulf crypto licence in Bahrain

The world's largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain's central bank, its first…

4 years ago

Crypto industry on defensive as Ukraine crisis spotlights Russia sanctions compliance

Cryptocurrency evangelists are on the defensive amid warnings from U.S. and European lawmakers that digital asset companies are not up…

4 years ago

Munich Re forecasts 2022 profit lift after pandemic rebound

German reinsurance group Munich Re on Wednesday forecast a 14% jump in profit this year as it reported a bounceback…

4 years ago

DuPont to shed mobility and materials unit in $11 bln Celanese deal

DuPont (DD.N) said on Friday it would sell most of its mobility and materials business to Celanese Corp for $11 billion, as…

4 years ago

Orange sees return to core profit growth in 2022

Orange (ORAN.PA), France's biggest telecoms operator, expects a return to core profit growth in 2022 after lower returns from co-financing deals…

4 years ago

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp (SBUX.O) will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as…

4 years ago

Telenor Q4 lags forecasts, sees flat to slightly higher 2022 earnings

Norway's Telenor (TEL.OL) said on Wednesday it expects its earnings to be largely flat or slightly higher in 2022 compared to last…

4 years ago