Despite posting record growth for the third quarter, some analysts and economists feel that Europe still faces the spectre of recession. After the third quarter, there is a looming risk that the region would be pushed straight back into recession… Read More ›
The next generation of the home rental firm Airbnb’s products and services will now be designed by Sir Jony Ive who led designing at Apple Inc for the company’s IMac, iPhone, iPad and Apple Watch. With the struggling San Francisco… Read More ›
Analysts and market experts are expecting the current trend of suppressed demand for oil and gas to get prolonged which will further increase problems for companies in this sector which have already been hit hard by the novel coronavirus pandemic…. Read More ›
Fewer new users than what Wall Street analysts were expecting were added by social media company Twitter Inc for the third quarter, the company said on Thursday. It also added that it would also see an acceleration of costs in… Read More ›
Apple reported its steepest quarterly drop in iPhone sales in two years for the third quarter of the current year as its iPhone customers put off purchasing the new iPhones devices because of the late launch of new 5G phones… Read More ›
Despite reporting a 38 per cent drop in its net profit for the third quarter, Credit Suisse expressed strong conviction that looking ahead, its wealth management and investment banking divisions will be bolstered by expected volatile market conditions. For the… Read More ›
Weak server chip demand and rising smartphone competition will result in a fall in profit in the fourth quarter, expects Samsung Electronics Co Ltd. On Thursday however the company offered its best quarterly operating profit in two years for… Read More ›
In a development that marks and underscores the massive impact the coronavirus is having on the oil industry, Exxon Mobil Corp stated, it will keep its fourth-quarter dividend flat at 87 cents a share. This is the first time since 1982… Read More ›
US tech giant Microsoft Corp beat analysts’ estimates for the latest completed quarter because of a slight re-acceleration of its cloud computing business and winning of new users for its Teams messaging and collaboration software with an increasing trend of… Read More ›
The stage is apparently set for one of the most high profile debuts in a stock market for 2020 as the home rental startup Airbnb Inc plans to get itself listed on the Nasdaq and offer an initial public offering…. Read More ›
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