2018 was perhaps the most troubled year for Facebook in terms of scandals and regulatory scrutiny it faced. And while analysts believed that these would have an impact on the overall financial performance of the company, the largest social media… Read More ›
For the first time in its 15 year history, profits for two consecutive quarters were posted by US electric car maker Tesla after it reported fourth quarter results of 2018. The company reported a profit of $139 million against revenues… Read More ›
Hints that Apple could be lowering the prices of its iPhones in some places to increase falling sale was given by the company’s CEI Tim Cook. In the latest financial quarter, there was a drop of 15 per cent in… Read More ›
The SPV underscores the EU’s intent to stick to the 2015 Iran nuclear deal. At the onset, this alternative clearing house will focus on food, aid and humanitarian needs rather than on trade. On Thursday, in a significant development, two… Read More ›
The 4 -year loans were raised in Dec, 2018 and Jan 2019. On Thursday, Interfax news agency stated citing company data, Russia’s state gas producer Gazprom has raised $1.06 billion (925 million euros) vide two loans from Mitsubishi UFJ Financial… Read More ›
The drop in its operating profits as well as the decline in its quarterly revenues are in line with its previous estimate. On Thursday, South Korea’s LG Electronics Inc reported a 80% drop in its operating profits, from a year… Read More ›
