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...

Cisco Systems Inc expects to gain from increased prices of its products because of the global shortage of semiconductor chips as well as an expected eventual drop in costs for logistics and transportation as delays in shipment will abate. This prompted the company to raise its guidance for the...

It is now “reasonable” to consider that the world could be close to the final stages of the Covid-19 pandemic, said Moderna’s CEO Stephane Bancel.   “I think that is a reasonable scenario,” he told CNBC’s “Squawk Box Asia” when asked about views that the Covid-19 pandemic may now be in its...

Starting on Wednesday, the worldwide fashion brand Louis Vuitton, which is owned by the LVMH group, will raise the price of its products in stores and online platforms around the world. According to reports citing a spokeswoman for the French luxury goods firm in China, the company's decision was...