Samsung must pay Apple $538M for patent infringement - court
7h ago
EU, Gazprom reach deal on free flow of gas in E. Europe

EU, Gazprom reach deal on free flow of gas in E. Europe

20h ago
Westfield shareholders approve takeover by Unibail-Rodamco

Westfield shareholders approve takeover by Unibail-Rodamco

23h ago
Deutsche Bank announces over 7,000 job cuts

Deutsche Bank announces over 7,000 job cuts

5/24
Musk mulls starting media site with 'credibility' ratings

Musk mulls starting media site with 'credibility' ratings

5/24
  • Netflix surpasses Comcast in value, closes gap with Disney
    Netflix surpasses Comcast in value, closes gap with Disney
    5/23

    Entertainment company Netflix Inc. finished the trading day on Wednesday with a market capitalization of $152.8 billion, leaving behind telecommunications giant Comcast Corp., whose value totaled $147.1 billion at the same time. This set...

  • Deutsche Bank likely to cut 10,000 jobs - report
    Deutsche Bank likely to cut 10,000 jobs - report
    5/23

    Deutsche Bank AG is finalizing plans to reduce its workforce by around 10,000 or 10%, the Wall Street Journal reported on Wednesday citing people familiar with the matter. The cuts were previously announced...

  • Comcast in 'advanced stages' of preparing cash bid for Fox
    Comcast in 'advanced stages' of preparing cash bid for Fox
    5/23

    Comcast said in a release on Wednesday that it is in "advanced stages of preparing" an all-cash offer for 21st Century Fox. Terms of the bid are expected to be as favorable to Rupert Murdoch's company shareholders as Walt D...

  • IBM to create 1,800 jobs in France
    IBM to create 1,800 jobs in France
    5/23

    International Business Machines Corp. (IBM) announced on Wednesday it will make an investment in France which will create 1,800 jobs over the next two years. The investment will focus on areas of artificial intelligence (AI), blockchain,...

  • SoftBank sells stake in Flipkart to Walmart
    SoftBank sells stake in Flipkart to Walmart
    5/23

    Japanese multinational conglomerate SoftBank Group Corp. confirmed on Wednesday that it is selling its entire stake in India's online retailer Flipkart to Walmart Inc. for an estimated $4 billion. The stake amounts to around 20% of t...

  • Rio Tinto in talks to sell stake in Indonesia mine for $3.5B
    Rio Tinto in talks to sell stake in Indonesia mine for $3.5B
    5/23

    Anglo-Australian mining giant Rio Tinto Group confirmed on Wednesday that it is in talks with PT Indonesia Asahan Aluminium (Inalum) and Freeport-McMoRan Inc. to sell its stake in the Grasberg copper and gold mine in Indonesia for $3.5 b...

  • HP Enterprise reports EPS of $0.49 in Q2
    HP Enterprise reports EPS of $0.49 in Q2
    5/22

    The American information technology company Hewlett Packard Enterprise announced on Tuesday its earnings per share stood at $0.49 in the second quarter of the fiscal year 2018, rising from a loss per share of $0.37 reported in the same t...

  • Zuckerberg: Hate speech, terror content has no place on FB
    Zuckerberg: Hate speech, terror content has no place on FB
    5/22

    Founder and CEO of Facebook Mark Zuckerberg stated on Tuesday before the members of the European Parliament that content including hate speech, bullying, terror or self-harm has no place in services provided by his company.

    Speak...

  • Trump: No deal yet on ZTE
    Trump: No deal yet on ZTE
    5/22

    United States President Donald Trump said on Tuesday that a deal has not yet been reached with China on telecommunications company ZTE Corp but that he is "looking into the situation." His announcement follows a vote of the Sen...

  • China to cut import tariffs on cars to 15%
    China to cut import tariffs on cars to 15%
    5/22

    China's Finance Ministry announced on Tuesday the country will reduce tariffs on cars and auto parts. The new measure will come into effect on July 1. According to the ministry, duties on some vehicles will be cut from 25% to 15%, wh...

  • BP freezes work on North Sea field as Iran owns half
    BP freezes work on North Sea field as Iran owns half
    5/22

    Serica Energy Plc, which is in the process of acquiring BP Plc's 50% interest in the Rhum gas field in the North Sea, said on Tuesday that the project is affected by sanctions against Iran announced on May 8 by the United States. The...

  • Report: US, China reach deal on framework for ZTE
    Report: US, China reach deal on framework for ZTE
    5/22

    ZTE Corp. may stay in business after governments in Washington and Beijing agreed in broad terms to abolish sanctions in exchange for what may be "significant fines," positions in the board and a management overhaul, the Wall S...

  • Sony to buy 60% stake in EMI Music for $2.3B
    Sony to buy 60% stake in EMI Music for $2.3B
    5/22

    Sony Corp. announced on Tuesday it reached a deal with Abu Dhabi-based Mubadala Investment Co. to acquire all of its shares in the music publishing company EMI, or approximately 60% of all shares of the company, for $2.3 billion. The who...

  • Adobe approves $8B share buyback program
    Adobe approves $8B share buyback program
    5/21

    Adobe Systems Inc. announced on Monday that its board authorized a stock repurchase program in the amount of up to $8 billion in the next three years. The funds for the buyback are expected to come from the software company's future ...

  • Tesla stays in green after bad Model 3 review
    Tesla stays in green after bad Model 3 review
    5/21

    Shares of Tesla Inc. still traded substantially higher on Monday after paring a part of early gains. The pullback came as Consumer Reports failed to recommend the Model 3, claiming the electric sedan underperformed in its category in sto...