BRUSSELS: The European Union's executive commission on Thursday lowered its growth forecast for the economic rebound from the coronavirus pandemic next year and...
BRUSSELS: The European Union's executive commission on Thursday lowered its growth forecast for the economic rebound from the coronavirus pandemic next year and...
LONDON: The Bank of England increased its already huge bond-buying stimulus by a bigger-than-expected 150 billion pounds ($195 billion) as it prepared for...
NEW YORK: Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtails travel and cripples global economic activity. The...
Apple Inc's shares fell nearly 5% in premarket trading after the world's most valuable public company reported a steep fall in iPhone sales...
Stockholm: Music streaming giant Spotify said Thursday that its number of monthly active users passed the 300-million-mark in third quarter, even as it...
Paris: France's LVMH will pay slightly less to acquire U.S. jeweler Tiffany & Co after the two companies agreed to end a bitter...
LONDON (AP) - Drugmaker GlaxoSmithKline says third-quarter earnings fell 14.4% as disruptions caused by the COVID-19 pandemic reduced sales of vaccines, antibiotics and...
New York: Pressured by another quarterly loss, Boeing announced Wednesday additional job cuts as it adapts to a prolonged downturn in the aviation...
Microsoft Corp's cloud computing business slightly re-accelerated and its Teams messaging and collaboration software won new users, as a pandemic-driven shift to working...
BERLIN: German airline Lufthansa expects a very slow demand recovery in the face of the resurgent COVID-19 pandemic and now hopes to reach...
Eli Lilly and Co fell short of analysts' expectations for third-quarter profit on Tuesday due to increased costs to develop COVID-19 therapies and...
HONG KONG: Ant Group will close institutional order books of the Hong Kong portion of its record-setting dual IPO ahead of schedule due...
Frankfurt am Main: Germany's Lufthansa has warned that 30,000 jobs are under threat as it scaled down its winter schedule to levels not...
Apple Inc is expanding a new physical store format as it tries to get iPhone 12 models into customers' hands, its retail chief...
Tata Consultancy Services Ltd., Asia’s biggest software exporter by market value, is in advanced talks to acquire a technology services unit of Deutsche...
Netflix’s subscriber growth slowed dramatically during the summer months after surging in the spring fueled by pandemic lockdowns that corralled millions of people...
BRASILIA/WASHINGTON - U.S. Secretary of State Mike Pompeo warned on Monday the United States and Brazil need to reduce their dependence on imports...
MUMBAI: Creditors to India's Jet Airways have approved a resolution plan which will give country's oldest private carrier a new lease of life,...
