Aramco, the Saudi Arabian national oil company, announced on Sunday that its third-quarter net profit more than doubled in the last quarter, helped by increased crude oil prices and quantities sold, outperforming analysts’ expectations. The highest quarterly average crude prices… Read More ›
Intelligence agencies in the United States would be unable to determine if Covid-19 spread through animal-to-human transmission or spilled from a lab until a breakthrough is made, authorities said, while providing a more detailed version of their investigation into the… Read More ›
The current Covid-19 pandemic in China is spreading quickly, claimed reports quoting information from a health official of the country, as officials urge increased monitoring at border crossings amid rising cases in a northeastern border city caused by the virus… Read More ›
A group representing 261 radio stations was granted permission in Friday by Australia’s competition regulator for going ahead with negotiating a content contract with Facebook and Google as part of the new rule imposed recently in the country that mandates… Read More ›
With the Christmas holiday season approaching, several billion dollars to deal with labor shortages and supply chain issues will be spent by it, Amazon has announced. It will do “everything it takes” to minimize the impact on customers and businesses,… Read More ›
Yum Brands Inc, the parent company of Taco Bell, exceeded the expectations of analysts at Wall Street for its quarterly revenue and earnings, driven by robust demand for its fried chicken and tacos offset a sales slowdown at its Pizza… Read More ›
Exxon Mobil announced on Friday that it will resume a share repurchase program next year, citing stronger earnings prospects following quarterly results that exceeded analysts’ expectations. The world’s largest oil producer reported an adjusted profit of $1.58 per share, topping… Read More ›
Microsoft Corp has dislodged Apple Inc as the most valuable publicly listed company in the world on Friday, because of the continued drop in the share price of the iPhone maker. The lingering global supply chain problems resulted in… Read More ›
The British supermarket chain Morrisons has to be managed as a separate company while its 7 billion pounds ($9.7 billion) merger deal with Clayton, Dubilier & Rice’s (CD&R) is being reviewed by Britain’s competition regulator, according to the watchdog. CD&R… Read More ›
Finance and health ministers from the world’s 20 largest economies (G20) said on Friday that they will make efforts to guarantee that 70% of the world’s population is vaccinated against Covid-19 by the middle of 2022 and that a task… Read More ›
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