Business

Samsung Electronics reports 88.9 percent jump in Q2 net profit

The star performer was the semiconductor division, where operating profit more than tripled year-on-year to KRW 8.03 trillion thanks to strong demand from the s...


VW and Daimler face cartel accusations — BBCI

While Daimler cautioned that it needs time to explore the issue, the process is welcome and could be a harbinger for change, with Chief Executive Officer Die...


Man shot dead by Australian police during standoff at Sydney train station

Witnesses to the shooting can be heard swearing, and one woman says the man is bleeding. Mokomool was reportedly holding a broken bottle and scissors in his...


Taco Bell and Lyft partner to bring new feature called Taco Mode

There's some people out there who enjoy consuming Taco Bell "food", typically after reaching certain levels of inebriation. The comments on it are epic, and...


Axis Bank buys Freecharge for Rs 385 Cr

FreeCharge is considered to be a strategic fit to Axis' incoming digital play. Although Bandhan Bank was not directly involved as it did not extend farm loan, b...


Oil rally continues, as optimism builds ahead of United States supply data

United States crude stocks fell sharply last week as refineries increased output and imports declined, while gasoline stocks decreased and distillate inventorie...


Ford Motor Company (F) Upgraded to Strong-Buy at Vetr Inc

GM reduced its wholesale volume in North America last quarter. Dimensional Fund Advisors LP now owns 14,508,664 shares of the auto manufacturer's stock valued a...


Problems of Oil Tankers Association to be resolved in 15 days: OGRA

The association members announced the strike for an indefinite period of time and it will remain in place till their demands are met by the government. Last mon...


Ford earnings top Wall Street expectations; raises full-year forecast

This was up from $39.49 billion previous year. Ford Motor Co. on Wednesday reported a second-quarter profit of $2 billion, up 3.7 percent from the same period...


Its Elon Musk vs Mark Zuckerberg with AI in focus

But looks like AI might have blown that cover and brought in two chief executives- Elon Musk and Mark Zuckerberg in the spotlight. Zuckerberg said he wa...


Acadia Realty Trust reports 2Q results

It has outperformed by 95.31% the S&P500. 504,969 shares of the stock were exchanged. The shares price has directed -12.78% toward a lower level throughout a ye...


The Vatican Turns off Famous Fountains, as Rome Struggles in Drought

The Vatican has switched off its fountains amid a growing water shortage in Rome and surrounding areas which had just 26 days of rain this year, Vatican Radio ...


Coca-Cola profit beats on demand for healthier drinks

Coca-Cola Company (The) had a return on equity of 33.17% and a net margin of 15.30%. KO has been the subject of several recent research reports. For the t...


Declining sperm counts could lead to human extinction

The trend has not been recorded among men in Africa, Asia, or South America, though the authors concede that fewer studies have been carried out in those region...


The collapse of Petronas Pacific Northwest LNG project

Low commodity prices. Rival jurisdictions beating B.C.to the punch in developing liquefied natural gas for export. "For Petronas to pull out and walk away, it...


NZ Dollar Falls As Most Asian Stock Markets Traded Lower

Earlier in the week, Republican lawmakers pulled the plug on the latest version of a contentious bill to replace Obamacare, delivering a major policy blow to th...


ITV reports slump in advertising

Meanwhile, revenues from ITV Studios jumped from £651m to £697m, a rise of 7%, with Bazalgette saying the division had a "very strong pipeline of new and retu...


Advanced Micro reports 2Q loss

Out of the polled analysts providing targets, the high is now $20, while the low is resting at $9. Five investment analysts have rated the stock with a sell rat...


Forever: Drake's Adds To Tattoo Collection With Lil Wayne Ink

He also recently shared a photo of Lil Wayne flipping off the camera with the caption "King ". Anyone who follows Drake on Instagram knows that the Toro...


Euro zone yields near one-week highs ahead of Fed meeting

HSBC Economist Kevin Logan is similarly on the fence about whether the Fed makes some sort of balance sheet announcement on Wednesday or holds off until Septemb...