Saudi Aramco quarterly profit more than doubles on multi-year high oil price, volumes

01-11-2021
On Sunday, Saudi Aramco said its profits had more than doubled in third-quarter

Cupertino’s Apple Inc fourth-quarter earnings hit by supply chain woes

01-11-2021
Apple Inc Q4, 2021 profits and revenues had missed analysts' estimate

Mountain View’s Google-parent Alphabet Inc earns record profit amid Google ad surge

31-10-2021
Google-parent Alphabet Inc had logged a record profit over fiscal Q3, 2021

Redmond’s Microsoft sees cloud business growth, but supply strains weigh on Xbox

31-10-2021
Microsoft Corp Q1, 2022 profits had handsomely beaten Wall Street estimates amid a robust upsurge in cloud businesses

Deerfield’s Caterpillar Inc set to hike prices again, projects production delays

31-10-2021
Caterpillar Inc said on Friday that the world's largest heavy equipment maker would more likely to hike prices in a bid to grapple with a staggering inflation-surge

US, EU end Trump-era tariff war over steel and aluminium

31-10-2021
Late on Saturday, top US officials confirmed that the US and EU had reached an accord to end their Trump-era tariff war over steel and aluminium

San Ramon’s Chevron quarterly profits soar to 8-year high amid oil & natgas rally

30-10-2021
On Friday, Chevron Corp had reported an eight-year high Q3, 2021 profit amid a latest leg of upsurge in oil and natgas prices

Redmond’s Microsoft to hire 250,000 Community College students to battle cyber crimes

29-10-2021
American multinational tech mogul Microsoft said in a statement that it would work closely with all Community Colleges and four-year-schools across the US to fill up as many as 250,000 positions

Menlo Park’s Facebook Inc rebrands to ‘Meta’ as it bets big on virtual reality

29-10-2021
Facebook Inc said in a statement on Thursday that the social media giant had been emerged with a new name, Meta, branding the steepest overhaul ever the global tech industry had witnessed

Malta chipmaker GlobalFoundries prices IPO on upper end, valued at $26 billion

28-10-2021
GlobalFoundries Inc had been valued at a whacking $26 billion in an IPO on Wednesday, marking off one of the blockbuster openings in US capital market this year

Columbia’s NRF says US holiday sales set to hit record $800bn as supply crises deepen

28-10-2021
US National Retail Federation (NRF) said in a statement on Wednesday that this year's US holiday sales could surge to a record $800 billion

German pandemic drugmaker Evotec seeks over $9 billion valuation in US IPO

27-10-2021
Frankfurt-listed German drugmaker Evotec SE files for a US public market floatation

Detroit’s GM to set up 40,000 charging stations in US & Canada in boost to EV profile

27-10-2021
General Motors has been set to launch up to 40,000 EV charging stations in the US & Canada

Biden signs off executive order to lift International travel ban by November 8

26-10-2021
US President Joe Biden had signed off an executive order into a law on Monday to lift an international travel ban for most fully-vaccinated foreign travellers

Palo Alto’s Tesla blows past $1-trillion market cap as Hertz orders 100,000 EVs

26-10-2021
Tesla Inc became the first automaker on Monday to join the league of legends having had a market cap above $1 trillion alongside Amazon.com Inc., Apple Inc., Microsoft Corp and Google-parent Alphabet Inc.

Menlo Park’s WeWork shares jump on debut after two-year struggle to go public

26-10-2021
WeWork shares had gained 11.38 per cent last week following an enthralling NYSE debut

Cuba, Paris Club reach deal to skip 2021 debt payment

25-10-2021
Cuba and Paris Club had reached an accord to suspend an annual debt pay-off at least until next year

New York’s S&P Global gains EU nod for $44 billion IHS takeover

24-10-2021
New York City-based financial information provider S&P Global Inc had received EU greenlights for a $44 billion acquisition of London-headquartered IHS

Saudi Crown Prince Mohammed bin Salman targets net zero emission by 2060

24-10-2021
On Saturday, in a pre-recorded speech, Saudi Crown Prince Mohammed bin Salman said that the Kingdom would reach a 'net zero' emission level by 2060

Turkey to expel US envoy & nine others, says President Erdogan

24-10-2021
In what could be viewed as a fortuitous move, the Turk President Erdogan has been set to expel envoys of ten countries including the United States

China’s Evergrande averts default in last-ditch attempt, hints shift to e-vehicles

23-10-2021
On Friiday, China's Evergrande had averted a credit default in a last-minute attempt as the cash-strapped Chinese real estate developer had reportedly paid off an $83.5 billion in one of its bond coupon repayments

S&P 500, Nasdaq turn lower as Powell talks taper

23-10-2021
On Friday, key indices of Wall St. but Dow had rounded off the session lower after Powell's remarks on tapering, inflation and rate-hike

US Suppliers receive licenses to export $103bn worth of American tech to Huawei, SMIC

22-10-2021
US suppliers of Huawei and SMIC had received greenlights to export a whopping $103 billion worth of American technology and goods

US Federal Reserve bans officials’ trading with focus on Powell re-nomination

22-10-2021
US Federal Reserve had banned stock trading of officials and policymakers of the US Central Bank

Mascot’s Qantas expects return to 100% pre-pandemic domestic capacity by January

21-10-2021
Qantas Airways Chief Alan Joyce said on Thursday that the airline was looking to return to a 100 per cent pre-pandemic domestic capacity by January