As surprisingly strong demand for animal health products, vaccines and its hepatitis C treatment offset nearly $700 million in lower sales from drugs that lost patent protection, Merck & Co Inc on Tuesday reported better-than-expected profit in the first quarter.   The U.S. drugmaker...

Uber Technologies Inc. Chief Executive Officer Travis Kalanick was given one more thing to worry about after Chinese ride-hailing giant Didi Chuxing raised more than $5.5 billion.   Didi has been provided with war chest to ramp up efforts to harness artificial intelligence, build driverless...

A growing number of Italians believe that it would be better for the country if their flag carrier Alitalia crashed as they are watching it go into yet another financial tailspin.   Many Italians are taking to social media to urge the government to resist the political temptation to rush to...

Having long been sandwiched between Google's advertising juggernaut and its moonshot ventures that have captured popular imagination has been Alphabet Inc's non-advertising business, which houses its cloud unit, Pixel smartphones and the Play store.   Noting an amount that is already bigger...

A repeat of the controversy and public relations disaster that erupted after a passenger was dragged off one of its flights earlier this month, would be helped to be avoided by more cash, better training and fewer oversold flights, hopes the United Airlines.   While the company CEO Oscar...

Even though the revenues of Twitter fell for the first time since the company's market debut, the microblogging service reported better-than-expected user growth in the first quarter which resulted in a rise in the shares of the company.   Questions about Chief Executive Jack Dorsey's...

In an initiative that the founder of online encyclopaedia Wikipedia hopes will counter the spread of fake news, plans for a crowd-funded news website offering stories by journalists and volunteers working together was recently announced by him.   While the accuracy of its articles would be...

Western journalists were kept away, and only local media were allowed to witness a major turning point in China's aviation ambitions when China unveiled an historic order for its first large commercial jetliner at a national air show in 2010.   Illustrating how Beijing is adjusting to...

British Telecom dispatched its head of compliance to Milan to give evidence and has filed a criminal complaint with Italian prosecutors over an accounting scandal at its Italian unit, reported Reuters.   Several former Italy executives and other employees are accused of breaking company...

The curtain on homegrown silicon that could define the future of machine learning and artificial intelligence has been being pulled back slowly by Google.   Recently leaving to team up with Chamath Palihapitiya, one of Silicon Valley's most prominent and outspoken young venture investors, on...

In what could be a move that would vault Broadcom Ltd into the lead to buy the prized semiconductor unit of Toshiba Corp, a joint bid is being considered by a Japanese government-backed fund and policy bank with the U.S. chipmaker the prized semiconductor business, claimed a news report in the...