Earnings
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World
VistaJet CEO defends company’s financials as auditor raises liquidity, debt concerns
VistaJet CEO Thomas Flohr defended his company’s financial standing following reports that the fast-growing private charter jet company is facing…
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World
China’s recovery lifts U.S. companies’ sales as domestic consumers pull back spending
Pedestrians walk past Yum! Brands Inc. Pizza Hut and KFC restaurants in Shanghai, China. Qilai Shen | Bloomberg | Getty…
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World
China’s biggest chipmaker posts first quarterly revenue fall in 3 years as semiconductor woes persist
SMIC has been hit with U.S. sanctions but its business has continued to grow. However, China’s biggest chipmaker still faces…
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World
SoftBank shares drop after its Vision Fund tech investment unit posts a $32 billion record loss
SoftBank’s Vision Fund posted a record loss in the year ended Mar. 31, 2023. The flagship tech investment unit has…
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World
Tech’s new business model: ‘Do more with less’
Sundar Pichai, CEO of Google Inc. speaks during an event in New Delhi on December 19, 2022. Sajjad Hussain |…
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World
CEO of Chinese e-commerce giant JD.com steps down after just one year as company swings to profit
Signage at JD.com’s warehouse in Shanghai, China, on Mar. 9, 2022. The U.S. Securities and Exchange Commission on Wednesday added…
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World
Dubai-based airline Emirates logs record profits of $3 billion as passenger numbers surge by 123%
Emirates Group reported record profit and revenue figures for the year ending April 2023 Nurphoto | Nurphoto | Getty Images…
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World
SoftBank posts record $32 billion loss at its Vision Fund tech investment arm
SoftBank has faced headwinds in its Vision Fund investment division due to a fall in technology company valuations amid rising…
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World
Hyundai explains how it plans to become one of the world’s top three EV makers by 2030
A presenter stand next to Hyundai’s all-electric SUV ‘IONIQ 5’ during its launch at the Auto Expo 2023 on January…
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World
Disney’s streaming losses improve even as subscriber numbers decline
Disney on Wednesday reported that its streaming losses narrowed as price increases helped offset the loss of 4 million subscribers…
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