With its record aircraft purchase, Air India has joined the ranks of ambitious international carriers.   It tentatively agreed on Tuesday to purchase nearly 500 aircraft from Airbus and Boeing to compete with domestic and foreign rivals.   According to those involved in the...

Palantir Technologies forecasted its first profitable year on Monday, saying it had slowed hiring, cut stock-based payouts, and reduced cloud computing investments in response to lower spending from recession-wary businesses.   The forecast, which came on the heels of better-than-expected...

According to reports quoting sources familiar with the issue, India's Adani Group has hired accountancy firm Grant Thornton to conduct independent audits of a number of its firms in an attempt to disprove claims by short-seller Hindenburg Research that have pummeled its stocks and...

According to Managing Director Bharat Kaushal, Hitachi India, a subsidiary of the Japanese conglomerate Hitachi, aims to contribute USD 20 billion in total consolidated global revenue to the parent company by 2030 with a "higher double-digit profit."   According to him, Hitachi India wants...

According to a Sunday report by Bloomberg News, India's Adani Group has cut down its revenue growth target by half and intends to reduce new capital expenditure.   On January 24 the US short-seller Hindenburg Research charged the...

A warning to major manufacturers of packaged goods has been issued by Walmart Inc. about the global retailer no longer willing to tolerate price increases, and is positioning its own private-label products as being alternatives that are less expensive compared to name-brand...

A newspaper interview published on Saturday shows that the CEO of Google's search engine has issued a warning against the drawbacks of artificial intelligence in chatbots, even as Google's parent company Alphabet fights it out to rival the blockbuster app ChatGPT,...

Disney CEO Bob Iger has stated that "everything is on the table" with Hulu.   The streaming service, which focuses on more adult-oriented general entertainment content such as the series "Only Murders in the Building" and the sci-fi thriller "Prey," is owned by Disney in two-thirds. Iger...

If Adidas is unable to sell its existing Yeezy stock, it could lose about 1.2 billion euros ($1.3 billion) in revenue in 2023.   After a series of antisemitic comments, the German sportswear company ended its partnership with rapper and fashion designer Ye, formerly known as Kanye West, as...

On Thursday, PayPal Holdings Inc. predicted full-year profit would surpass Wall Street expectations, but it also cautioned against pressure on discretionary spending and announced that Chief Executive Dan Schulman would step down at the end of 2023.   American consumers are beginning to feel...

After alarmed clients fled in large numbers, Credit Suisse Group announced its worst annual loss since the global financial crisis of 2008 and issued a warning that this year would see another "substantial" loss.   Having been hit by scandal after scandal, the bank experienced a sharp...