John Lewis, a British department store chain, has said that it will end its "Never Knowingly Undersold" pricing guarantee, which it has maintained since 1925.   The pledge states that the John Lewis, which is owned by its employees. would match the price on like-for-like branded...

The French auto giant Renault's local divisions in Russia has said that some activities at its automobile assembly factories in the country would be suspended next week owing to logistics constraints that have resulted in component shortages.   The action follows Russia's invasion...

Berkshire Hathaway Inc, headed by Warren Buffett, reported record profits for the fourth-quarter profit on Saturday, buoyed by increases in several of its businesses and common stock investments such as Apple Inc, and said yearly earnings hit a new high.   Berkshire also demonstrated...

Google, which is controlled by Alphabet Inc., on Saturday prohibited Russia's state-owned media outlet RT and a number of other channels from collecting money for advertisements on its websites, apps, and YouTube videos over the Russian invasion of Ukraine. This followed a similar decision taken by...

The world's largest producer of personal computers, China's Lenovo Group, reported a 62 per cent surge in its profits for its third quarter which reached an all-time high of $640 million on Wednesday. The record performance of the company was driven by the growing trend...

Barclays declared a record annual profit for 2021 and returned 2.5 billion pounds to shareholders through dividends and share buybacks, as bad loan costs fell and its investment bank maintained its recent excellent performance.   The British lender announced a pretax profit of 8.4 billion...

Truth Social, former US President Donald Trump's newly created social media platform, debuted late Sunday in Apple's App Store. This is potentially a signal for the former president returning to social media after he was banned from a number of social media platforms last...

Carl Icahn, the billionaire investor, has intensified his campaign against McDonald's over the treatment of pigs in the company's supply chain. Icahn, a Wall Street legend for shaking up firms, wants to appoint two persons to McDonald's' board of directors.   He only owns 200 McDonald's...

Amazon's competition with Reliance Industries, an oil-to-retail giant in India, appears to be heading to the cricket pitch, where the two companies will likely compete for broadcasting rights to India's main cricket league, which has hundreds of millions of viewers.   According to reports...

China has been a crucial market for the German sportswear company Adidas where its business has been severely hit because of the re-imposition of the restrictions linked to the Covid-19 pandemic last year as well as a call for a mass boycott of its products and other Western brands.  ...

Online food ordering and food delivery platform DoorDash Inc's expectations of the market for its quarterly revenues as the company reported continued demand for meal delivery even as the US economy is opening up. According to analysts, the continuation of online food delivery demand shows that the...