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Saturday, April 27, 2024
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CATEGORY

Business

Marcus’ Loss and Slow Agreements Cause Goldman Sachs’ Profit to Decline

UNITED STATES: Goldman Sachs Group Inc.'s profit dropped 19% in the first quarter due to a decline in dealmaking and bond trading, as well as...

Furious Tesla Shanghai Workers Vent to CEO Musk over Bonus Reductions

UNITED STATES: Tesla's Shanghai factory employees took to their social media handles to appeal to CEO Elon Musk and the Chinese people after being...

Ferrari Mania? Azimut to Launch ‘Evergreen Fund’ to Invest in Classic Cars 

ITALY: In 1977, a Ferrari owner sold his 1962 250 GTO due to his wife's complaints. In 2018, the same model sold for $48 million,...

Tesla Increases Sales by Lowering Prices in Europe, Singapore, and Israel

SINGAPORE: Tesla Inc. reduced the cost of its electric vehicles on Friday in Europe, Israel, and Singapore, continuing a global discounting campaign that started in...

Hong Kong Working Hard to Improve Its Reputation as a Financial Centre

HONG KONG: Hong Kong is extending a red carpet to the finance sector soiled by scandals and bankruptcies to restore its reputation as a financial...

Strikes Slowed UK Economy in February, IMF Predicts a 0.7% Decline

UNITED KINGDOM: British economic growth slowed in February due to public sector worker strikes, but a stronger-than-anticipated rebound in January suggests a recession is less...

Twitter is Roughly Breaking Even and Has 1,500 Employees: Elon Musk

UNITED STATES: Twitter Inc. CEO Elon Musk stated on Wednesday that the social media firm is "roughly breaking even," as the majority of its...

South Korea Fines Google $32 million for Obstructing Games on Competing Platforms

SOUTH KOREA: A South Korean antitrust regulator fined Alphabet Inc.'s Google (GOOGL.O) 42.1 billion won ($31.88 million) for obstructing the release of mobile video...

Shares Rise as Samsung Reduces Chip Production to Shield Itself from Downturn

SOUTH KOREA: Samsung Electronics Co Ltd announced on Friday that it would make a "meaningful" reduction to chip manufacturing, following the path of smaller rivals....

Apple Reveals First Glimpse of Its First Retail Store in India

INDIA. Mumbai: Apple Inc. (AAPL.O) is set to open its first retail store in India, and on Wednesday it unveiled the first look of its...

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