Sections

ideals

Business Essentials for Professionals



Companies

India’s Adani Faces A New Risk As Index Compiler MSCI Evaluates Changes To Some Group Stocks

MSCI, the financial index provider, announced on Thursday that a few of the Adani securities should no longer be assigned as free float, following market participants' worries about the Indian conglomerate's companies' eligibility for some of its indexes.   Billionaire tycoon...

Netflix Outlines Strategies For Preventing Account Sharing

In order to combat password sharing for accounts on its streaming service, Netflix Inc. outlined plans that included setting up a primary location and charging a few dollars for an additional member.   The video streaming giant claimed that users can now easily control who has access to...

Google AI Chatbot Bard Gives A Poor Response In An Advertisement, Stocks Fall

Alphabet Inc's market value decreased by $100 billion this week as a result of its new chatbot providing false information in a promotional video and a lackluster corporate event, fueling concerns that the Microsoft Corp. rival is gaining ground on Alphabet Inc.   During regular...

Lower Container Volumes And Prices Will Hurt Its 2023 Profits, Warns Maersk

Even as shipping company A.P. Moller-Maersk announced record earnings for 2022, it also issued a caution on Wednesday that less violume of containers and lower freight rates would result in a four-fold decline in profits for the company in 2023.    The...

Microsoft Bundles AI Into Its Bing Search Engine And Edge Browser As It Attempts To Challenge Google

Microsoft Corp said on Tuesday that it is revamping its Bing search engine and Edge Web browser with artificial intelligence, signaling its desire to retake the lead in consumer technology markets where it has lagged.   The maker of the Windows operating system is betting billions of dollars...

Adani Crisis In India Erupted Into Street Protests, As Company’s Losses Exceed $110 Billion

The crisis engulfing the Adani Group grew worse on Monday, with hundreds of members of India's opposition parties taking to the streets to demand an investigation into allegations made against the conglomerate by a U.S. short-seller, which triggered the market rout.   Shares in billionaire...

Google Introduces ChatGPT Rival Bard, As Well As AI Search Plans In Competition With Microsoft

Alphabet Inc, the parent company of Google, announced on Monday that it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, in response to Microsoft Corp's rivalry to lead a new wave of computing.   Meanwhile, Microsoft announced its...

Apple Predicts Another Revenue Fall And Declares Iphone Manufacturing Issues Have Been Resolved

Apple Inc forecasted on Thursday that revenue would fall for the second quarter in a row, but that iPhone sales would likely improve as production in China returned to normal following COVID-related shutdowns.   While CEO Tim Cook expressed optimism about service and iPhone sales, he also...

Investors Are Concerned About The Impact Of The Hindenburg Disaster On India's Adani Shares

Stock price of India's Adani Group of companies fell further in Mumbai on Friday, resulting the total market value of the group dropping to less than $100 billion. This rout in the stock market for the conglomerate happened following a crucial and damning report...

Volvo Is Preparing An EV Assault As Part Of Geely's Largest Product Revamp - Reuters

Volvo Cars is preparing for an electric blitz, converting all of its mainstay models - three SUVs and two sedans - to electric vehicles and introducing a luxury electric van aimed at increasing sales in Asia, according to two people familiar with the plans.   The Swedish automaker, which is...

More Than $100 Billion Wiped Off Market Cap Of India's Adani Group Following A Botched Share Sale

Shares of India's Adani group continued the downward slide on Thursday following the Gautam Adani-led conglomerate deciding to shelve a $2.5 billion share sale because of a volatile market. By the end of Thursday, the group witnessed the wiping off of a total of $100...

Exxon Exceeds The Profits Of Western Oil Majors By $56 Billion In 2022

Exxon Mobil Corp announced a $56 billion net profit for 2022, earning about $6.3 million per hour last year. The numbers not only set a record for the company but also a historic high point for the Western oil industry. Global oil companies are anticipated to break their own...
1 ... « 36 37 38 39 40 41 42 » ... 224