Featured Aramco’s ’23 profit drops to $121b Aya El Sayed Mar 10, 2024 0 Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
Stocks Asia stocks rise, gold drifts after record peak Nada Ali Mar 6, 2024 0 Asian stocks climbed on Wednesday as investors looked for guidance from Beijing during its week-long annual session…
Bitcoin Bitcoin soars $60k on FOMO-fuelled rally Aya El Sayed Feb 28, 2024 0 Bitcoin surged on Wednesday, nearing $60,000 in its fifth day of gains fueled by investments in new US spot bitcoin…
Money Spain freezes tech giants’ fines Aya El Sayed Feb 8, 2024 0 Spain’s high court suspended the €194 million ($209 million) fines that the local antitrust watchdog, CNMC, levied…
Money Uber profits soar, buyback expected Aya El Sayed Feb 7, 2024 0 Uber announced on Wednesday its first full year of profits, reporting earnings that exceeded analysts’…
Money Foxconn expects slight growth, lacks AI server chips Aya El Sayed Feb 4, 2024 0 Foxconn, the world’s biggest contract electronics maker and Apple’s main iPhone supplier, anticipates a slight…
Money AI boost Microsoft’s revenue, stock performance Aya El Sayed Jan 29, 2024 0 Microsoft is anticipated to see a 15.8% increase in quarterly revenue, marking its highest growth in almost two…
Featured LG Display posts 1st profit in 7 quarters Sama Mousa Jan 24, 2024 0 LG Display, South Korea’s flatscreen maker, posted its first profit in seven quarters amid increasing shipments of…
Featured Apple to pay $13.7 mln fine to Russia Sama Mousa Jan 22, 2024 0 Apple Inc. has paid a fine of 1.2 billion roubles ($13.65 million) to Russia, Reuters reported on Monday, citing…
Featured Microsoft overthrows Apple as global market cap leader Sama Mousa Jan 15, 2024 0 Microsoft Corp. has overthrown Apple Inc. as the global market capitalisation leader, with its focus on generative…