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South Korean MNC Samsung reportedly wrote down a 95% slump for its operating profit in the first quarter, stating dramatic fall in demand and prices of memory chips as the ground for the loss. Samsung revenue went down by 18% year-on-yea....
In a quick turn of events, the shares in electric vehicle (EV) maker, Tesla dropped over 4% after the firm reported Q1 earnings after the bell. According to Refinitiv estimates, the earnings per share were valued at 85 cents adj. vs 85 c....
House prices in New Zealand reportedly dropped to a historic low in the year leading up to March, as rising interest rates and weak economic growth drove homebuyers away. According to CoreLogic New Zealand, prices dropped 10.5% from a ye....
Acko, an Indian insurtech company backed by leading U.S. e-commerce and tech giant Amazon, is reportedly in late-stage negotiations to acquire $120 million in a funding round at a point where the South Asian industry's significant finan....
Microsoft, the U.S.-based tech company, has reportedly launched a Notion-like hub spot, Microsoft Loop, for organizing projects and tasks that sync throughout Microsoft 365 apps and platforms. Apparently today, Microsoft witnessed the pu....
Slice, the well-known Indian unicorn fintech startup, has reportedly secured a 5% stake in the Indian bank, namely North East Small Finance, which analysts say is a crucial milestone in the journey of the unicorn fintech company against ris....
Tesla, the prominent American electric carmaker, has reportedly planned to open up a new factory in Mexico, following other automakers in building their presence in the south of the U.S. border. Mexico's President, Andres Manuel Lopez ....
British Steel, the U.K.-based long steel products firm owned by Hebei Jingye Steel Structure Technology Co., Ltd., is reportedly set to announce the shutdown of its closing ovens in Scunthorpe, subsequently resulting in the cut down of unde....
In January, the inflation rate in the U.K. reportedly fell for the third month straight to 10.1%, falling short of economists' predictions, but high energy and food prices continued to impose stress on British families. Economic poll....
Zoom Video Communications, the US-based technology company, has reportedly announced its plans to cut back around 15% of its employees as the company, that was overly used during the pandemic, faces slower growth. Eric Yuan, Zoom CEO, br....
