Amazon shares soared more than 12% on Friday to a 52-week high after the company posted stronger-than-expected third-quarter results and signaled renewed momentum in its cloud computing and…
Twilio Inc. shares soared Friday after the cloud communications company reported record third-quarter results that surpassed Wall Street expectations and projected a strong fourth quarter. The upbeat performance…
China has taken a significant step toward easing tensions in the global semiconductor supply chain by announcing it will exempt certain Nexperia chips from an export ban that…
Pfizer has escalated its fight for obesity biotech Metsera by filing suit against both Metsera and Novo Nordisk in the Delaware Court of Chancery on October 31.The litigation…
Record quarters from big tech companies like Apple, Microsoft, Alphabet and Amazon are telling a positive story. But the steady run of layoffs tells a completely different one.Investors…
Air India is seeking an urgent financial infusion of at least $1.1 billion from its owners, Tata Sons Pvt. and Singapore Airlines Ltd., as the beleaguered carrier grapples…
Japan’s largest power generation company, Jera Co., is stepping up its liquefied natural gas (LNG) investments across Southeast Asia as the region’s energy needs surge beyond what renewables…
The DAX Index has remained in a tight range in the past few months. This consolidation continued this week as top constituent companies like Deutsche Bank, Mercedes-Benz, BASF,…
In his first public comments on Amazon’s latest round of mass layoffs, CEO Andy Jassy offered a surprising justification for cutting 14,000 jobs. The decision was not driven…