A representative for SoftBank Group Corp said on Wednesday that Alibaba's recent registration of new American Depository Shares is unrelated to any specific potential deal.   "The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not...

Rising gas and oil prices helped oil and gas giant BP to report its highest level of profits in eight years for 2021 even while the company expanded its share repurchase program and hastened efforts to reduce emissions by increasing investment in low-carbon energy.   After suffering a big...

The failure of an $80 billion agreement to sell chip designer Arm as well as a 97 per cent decrease in its quarterly earnings was reported by Japan’s investment conglomerate SoftBank Group Corp on Tuesday. This performance piled up more pressure on the conglomerate to improve its slumping stock....

Credit Suisse faces accusations in a Swiss court for allegedly allowing a Bulgarian cocaine trafficking ring to launder millions of euros, some of which were hidden in luggage.   Prosecutors believe that between 2004 and 2008, the country's second-largest bank and one of its former...

Reports that revealed the expansion of Pegasus, an eavesdropping program developed by Israel's NSO Group, has made the issue of phone snooping a hot topic again throughout the world.   However, a little-known spyware firm, which is also based in Israel, maybe hacking iPhones under the...

The lightning spread at which the Covid-19 pandemic is continuing to spread because of the highly infectious Omicron variant of the coronavirus will delay its recovery from the pandemic hit by a few months, Cruise operator Royal Caribbean Group said earlier this week. This also marked yet another...

Peloton Interactive Inc has attracted interest from potential purchasers, including e-commerce behemoth Amazon.com Inc, as the exercise bike company struggles to maintain pandemic-fueled expansion, according to reports quoting sources familiar with the situation.   Peloton's stock soared 30...

Snap Inc's advertising business recovered faster than expected from the effects of Apple Inc's privacy reforms on Thursday, and the company's stock soared 50% as it presented first-quarter guidance that was above analyst expectations.   The results were good news for a tech sector that has...

After the social media behemoth Mets (aka Facebook's parent company) issued a bleak prediction, blaming Apple Inc's privacy reforms and greater competition, shares of Facebook owner Meta dropped 26 per cent, marking the largest single-day drop in market value for a US tech giant.   The...

After coming under fire from rock and folk luminaries for giving voice to disinformation about Covid-19 immunizations, Spotify Technology SA has announced that it will add a "content advisory" to every podcast episode that involves a discussion about vaccines for the current pandemic,...

A loss of 96 million euros ($107 million) for the final three months of 2021 was reported by Ryanair. However, the company expressed optimism that the capacity cuts by its competing airlines would help it to drive up prices during the peak summer season.   According to a company poll of...