Business
Deliveroo reduced net losses last year on cost-cutting, while revenues rallied on higher pricing in the face of soaring global inflation, the international food delivery app said Thursday.
Mar 16, 2023
0
36
Business
Worldwide, small and medium enterprises (SMEs) are seen as the backbone of a thriving economy. They make up a substantial portion of the total number of companies and are estimated to contribute over 87% of all jobs globally.
Mar 15, 2023
0
3
Business
Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.
Feb 24, 2023
0
3
Business
Intel is slashing its quarterly dividend by 66% as the chip maker attempts to rejuvenate sales in a market that where competition is increasing as some corporations and households cut back on tech spending.
Feb 23, 2023
0
16
Business
Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok.
Feb 1, 2023
0
5
Business
Ireland's Ryanair flew back into profit in the final three months of 2022 as travelers flocked to budget airlines during Europe's cost-of-living crisis.
Jan 30, 2023
0
10
Business
US concert booking website Ticketmaster was hit by a cyberattack last year that led to it botching sales for Taylor Swift's US tour, it told lawmakers on Tuesday as it apologized to the pop superstar and her fans.
Jan 24, 2023
0
8
Business
Elon Musk returned to the stand for a third day Tuesday in federal court in San Francisco to testify in a trial stemming from a class action lawsuit brought by Tesla investors who allege he misled them with a tweet.
Jan 24, 2023
0
13
Business
Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in tweets about taking the auto company private, punishing investors.
Jan 21, 2023
0
31
Business
A lawyer for angry Tesla investors told a California courtroom on Wednesday that CEO Elon Musk "lied" about having funding in place to take the company private, costing his clients millions of dollars.
Jan 19, 2023
0
32
