Business

Deliveroo shares surge on 'profit milestone'

Deliveroo shares surged more than ten percent Thursday after the international food delivery app struck its first six-month net profit, an achievement described as a "major milestone" by its boss.

Business

Ericsson posts $1bn quarterly loss on Vonage write down

Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.

Energy & Green Tech

We are betting the bank on hydrogen. But are we ready for it?

Green hydrogen holds many promises: it can serve as a "battery" for energy storage, it can be used in the chemical industry, and its only emission will be water vapor. But, unfortunately, green hydrogen is not yet widely ...

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Loss

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