Sunday, April 20, 2025
Business
Samsung operating profit hit by R&D spending, fight to meet chip demand
Seoul (AFP) - The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter...
Meta agrees to pay Trump $25 mn to settle account ban lawsuit
Washington (AFP) - Meta has agreed to pay President Donald Trump $25 million to settle a 2021 lawsuit he filed...
Tesla results miss estimates, citing lower vehicle prices
New York (AFP) - Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it...
Tesla to report results for 1st time since Trump elected president
New York (AFP) - Tesla is set to report earnings Wednesday for the first time since President Donald Trump --...
Sony names new CEO in management reshuffle
Tokyo (AFP) - Japanese electronics and entertainment giant Sony Group said Wednesday that it has promoted Hiroki Totoki to chief...
Starbucks profits fall but points to progress in turnaround
New York (AFP) - Starbucks reported lower profits Tuesday in results that still topped expectations as the company's new CEO...
Auchan’s Russia unit dismisses sale rumours
Paris (AFP) - The Russian subsidiary of French supermarket chain Auchan quashed rumours of an impending sale on Monday, saying...
Universal, Spotify ink multi-year deal
New York (AFP) - Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a...
Troubled Burberry shows sign of recovery despite sales drop
London (AFP) - British fashion house Burberry announced Friday a further decline in sales, hit by weak demand in China,...
Catalonia eyes reversal of business exodus after big bank returns
Madrid (AFP) - Spanish business circles believe banking giant Sabadell's decision to return its headquarters to Catalonia will entice back...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.