Microsoft earnings increase as cloud business continues growth

Microsoft reports improved earnings as cloud business continues growth

Microsoft has reported better-than-expected earnings and revenue for the quarter ending in December, as its cloud business continues its expansion. US tech giant Microsoft beat...
John Stumpf banned from banking, fined $17.5 million

Wells Fargo ex-CEO John Stumpf banned from banking, fined $17.5 million

Former Wells Fargo chief executive officer (CEO) John Stumpf has agreed to a lifetime ban from the banking industry and a $17.5 million fine. John...
Tesla valuation reaches $100 billion, overtakes Volkswagen

Tesla market value reaches $100 billion, overtakes Volkswagen

Tesla has overtaken Volkswagen to become world's second most valuable automobile manufacturer after its market value went up to over $100 billion. Tesla saw its...
Saudi Aramco exercises over-allotment option to increase IPO

Saudi Aramco exercises over-allotment option, raising record IPO

Oil giant Saudi Aramco has exercised its "over-allotment option" to further increase its record breaking initial public offering (IPO). Aramco, the state-owned oil company of...
Marks & Spencer profits clothing home products sales

Marks & Spencer profits decline amidst poor clothes, home goods sales

British retailer Marks & Spencer has reported that its profits fell in the first half of the financial year amidst poor sales in its...
Uber loss revenue growth

Uber reports Q3 loss of over $1 billion, revenue growth improves

Uber has reported a loss of $1.16 billion during the third quarter but remains positive due to a 30% revenue growth during the same...
Samsung operating profit smartphone business

Samsung profit declines by 56% but smartphone sales remain strong

Samsung has reported a 56% decline in its operating profit for the third quarter but its smartphone business posted a 32% increase during the...
Tesla share prices profitable

Tesla share price surges by 20% following surprise profitable third quarter

Tesla share price has increased by up to 20% following news that the electric car manufacturer posted a surprise profit during the third quarter...
Levi Strauss profit wholesale

Levi Strauss profit down as Americas wholesale business weakens

Levi Strauss & Co has reported a 4% decline in its third quarter profit as it struggled to expand its wholesale business in the...
internet users Southeast Asia

Report: Southeast Asia internet economy to reach $300 billion by 2025

An industry report showed that the internet economy of Southeast Asia is forecast to expand and reach $300 billion by 2025. The report by Google,...

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