pandemic

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…

4 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…

4 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…

4 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…

4 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…

4 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…

4 years ago

EXCLUSIVE Rivian ready to invest $5 billion in second U.S. assembly plant -document

Amazon.com Inc (AMZN.O)-backed Rivian plans to invest $5 billion initially in its second U.S. electric vehicle assembly plant, according to…

4 years ago

BASF reports second-quarter beat, says no Delta impact so far

The world's largest chemical producer BASF (BASFn.DE) reported a better-than-expected second-quarter net profit on Wednesday, saying the spread of Delta…

4 years ago

Australian CPI blows hot in Q2, core inflation far cooler

Australia's consumer prices rose at the fastest annual pace in almost 13 years last quarter as petrol jumped and government…

4 years ago

Asia shares sit at 2021 lows ahead of Fed verdict

Asian shares stayed stuck at seven-month lows on Wednesday, as markets continued to digest a storm in Chinese equity markets,…

4 years ago