Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory chip industry.
The retailer had hired with a vengeance during the pandemic to meet an explosion in demand for deliveries
Microsoft Corp is in advanced talks to invest in Gatik, a California-based autonomous driving startup, as part of its cloud partnership with the company, two people familiar with the discussions told Reuters.
Apple Inc's stock market value shrank sharply on Tuesday following its steep drop last year, leaving it below $2 trillion for the first time since March 2021.
Casinos have committed to investing a total of $15 billion in the coming decade, 90% of which must be spent on non-gaming.
Tesla Inc on Monday reported record production and deliveries for fourth-quarter electric vehicles, but it missed Wall Street estimates, burdened by logistics problems, slowing demand, rising interest rates and fears of recession.
Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience.
Shell said Friday it will pay 15 million euros to Nigerian farmers to compensate them for damage from pipeline leaks.
Tesla Chief Executive Officer Elon Musk said on Thursday he will not sell any more Tesla stock for about two years.
Nike executives described the most difficult supply excesses as "behind us," adding that available inventories -- while still elevated -- are at their lowest levels in four quarters.
If a settlement is not reached, the case will be pursued in the High Court in London, the legal firm warned in a statement.
The move was the latest in a growing series of controversies generated by Musk in his short tenure at the helm of Twitter
McDonald's Corp regularly engages with its successor brand in Russia following its exit from the market earlier this year, communications that are needed to ensure terms of the sale are fulfilled, its new owner told Reuters.
Amazon.com is seeking to bring popular fantasy miniature game "Warhammer 40,000" to screens with former "Superman" actor Henry Cavill, after agreeing in principle to produce film and television content with its British developer.
Volkswagen shareholders renewed their criticism of CEO Oliver Blume's dual roles on Friday, even as they prepared to rubber stamp a roughly 9.6 billion euro ($10.2 billion) special dividend following the listing of Porsche AG.
Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a "fanboy" of CEO Elon Musk lashed out at Musk's distraction from the electric car company following his buy of Twitter.
Meta Platforms was accused in a lawsuit filed in Kenya on Wednesday of letting violent and hateful posts from Ethiopia flourish on Facebook, inflaming the Ethiopian civil war.
Microsoft is to take a 4% equity stake in London Stock Exchange Group as part of a 10-year commercial deal to migrate the exchange operator's data platform into the cloud, the British company said on Monday.
Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate, industry sources said on Sunday.
Britain has also announced an "in-depth investigation" into Microsoft's planned takeover of Activision.
Barclays has promoted 85 people to managing director (MD) in its investment bank, it said on Thursday, with by far the majority of the coveted titles this year being taken by men.
More than 1,100 union employees at the New York Times Co will walk out for one day on Thursday, the union said, citing the company's "failure to bargain in good faith," after setting a deadline for a contract last week.
BlackRock Inc Chief Financial Officer Gary Shedlin on Tuesday said his firm is freezing most hiring and reducing expenses.
Meta Platforms' Oversight Board recommended on Tuesday that the company revamp its system exempting high-profile users from its rules, saying the practice privileged the powerful and allowed business interests to influence content decisions.
An Irish man who earns a whopping £105,000 per year has sued his employer, claiming he is being paid to "do nothing" at his workplace.
A long-time ally of President Vladimir Putin, Alexei Kudrin, said Monday he will be joining Yandex as the Kremlin seeks to tighten its grip on Russia's top technology giant.
Apple supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Monday, after worker unrest last month disrupted the world's biggest iPhone factory.
Vodafone chief executive Nick Read is stepping down, the British telecoms group said Monday, after a four-year tenure marked by a steep fall in the company's share price.
At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian stores of retailer Primark, reducing the need for hard-to-come-by labour.
Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle offerings to affluent Chinese clients.
