Seoul: Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand...
Seoul: Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand...
The US dollar will likely hold around current levels until the Federal Reserve starts signaling that it’s shifting from raising rates to cutting...
Boeing Co. generated $2.58 billion in free cash flow in the second quarter, far exceeding expectations as a flurry of jet deliveries and...
London: British consumer goods giant Unilever on Tuesday said its net profit jumped more than a fifth in the first half thanks to...
London: A British court dismissed a lawsuit that accused Shell's leadership of mismanaging climate risks to the oil giant on Monday, but the...
San Francisco: OpenAI chief executive Sam Altman, along with two co-founders, launched Monday the Worldcoin crypto project, saying they aim to grant users...
TikTok’s e-commerce arm struck a partnership with fintech platform Atome, part of Advance Intelligence Group, to expand its online retail push in Malaysia....
Tesla Inc. shares fell after the carmaker warned of more hits to its already-shrinking profitability. Chief Executive Officer Elon Musk said Tesla will...
Digital bank startups backed by Sea Ltd. and Grab Holdings Ltd. have started accepting larger deposits in Singapore, suggesting the city-state’s regulator has...
Singapore: Gold prices edged up on yesterday on a dollar that was close to hitting its lowest in over a year, while traders...
The top US bank regulator says that lenders need to ensure that artificial intelligence tools don’t perpetuate biases and discrimination in credit decisions....
Pfizer Inc.’s proposed $43 billion takeover of Seagen Inc. will face an investigation from the European Union’s merger enforcer as the bloc continues...
Washington: The International Monetary Fund (IMF) said on Wednesday that it has approved a $3 billion loan agreement for Pakistan, unlocking crucial funding...
Nike Canada Corp. and Dynasty Gold Corp. are being investigated by a Canadian government agency for allegedly using forced Uyghur labor in their...
Islamabad: Pakistan's desperately low foreign exchange reserves were boosted on Tuesday with a $2 billion deposit from Saudi Arabia, ahead of a key...
Amazon.com Inc.’s Jeff Bezos, Walt Disney Co.’s Bob Iger, and OpenAI Chief Executive Officer Sam Altman are expected to attend panel discussions and...
McDonald’s has stopped using tomatoes in food preparations at most of its locations in northern and eastern India amid a fivefold surge in...
NEW YORK: Twitter has threatened legal action against Meta over its new, text-based app called Threads, according to a letter obtained by Semafor....