Elon Musk, the billionaire founder of Twitter, has hinted that the social media platform may charge a "slight" price for commercial and government users, as part of the tycoon's attempt to boost revenue, which has lagged behind larger rivals like Meta Platforms Inc's Facebook.   "Twitter...

British Petroleum (BP) reported its largest quarterly loss after writing down $24 billion to exit its Russia assets, but a good operational performance fueled by rising oil and gas prices allowed the British energy company to increase share buybacks.   In early London trading, BP shares were...

Stellantis has agreed to buy BMW and Mercedes-Share Benz's Now car-sharing business as the two German companies focus on the software side of their mobility cooperation.   Stellantis, which was formed last year through the merging of Fiat Chrysler and Peugeot maker PSA, aims to establish...

After EU antitrust officials charged Apple with preventing rivals' access to its mobile wallet technology, the iPhone maker might face a huge punishment and be forced to open its mobile payment system to competitors.   This is Apple's second EU allegation, following a complaint from Spotify...

The top brands of Volkswagen - Audi and Porsche, are set to join Formula One after persuading the German automaker that the decision will generate more revenue than it costs, according to VW Chief Executive Herbert Diess.   The board of directors' discussions on the two...

Amazon.com Inc reported a poor quarter and outlook on Thursday, blaming increasing expenses to manage warehouses and deliver items to customers.   After-hours trading saw a 9 per cent drop in shares.   Amazon is facing a slew of issues following a long-running rise in sales during the...

Apple Inc. forecasted more troubles on Thursday as China's COVID-19 lockdowns stymie production and demand, the war in Ukraine dampens sales, and development in services, which the iPhone manufacturer sees as its engine for expansion, slows.   In late trading, shares were down 2.2 per cent...

On Wednesday, Elon Musk's criticism of Twitter Inc provoked a storm of nasty tweets directed at the company's top lawyer, raising concerns about his compliance with a non-disparagement agreement and the tone that the social media platform's new owner will establish for its users.   Musk...

Facebook recovered from a decrease in user numbers earlier this year, and its parent company Meta reported a profit ahead of Wall Street goals, confounding low investor expectations with a quarterly report that pushed shares up 20 per cent.   Meta CEO Mark Zuckerberg also stated that the...

PepsiCo Inc exceeded quarterly sales predictions for the first quarter while also increasing its outlook for the entire year in its announcement for quarterly results on Tuesday. The company cited consistent and continued demand for its sodas and snacks despite repeated rounds of price increases to...

French car maker Renault said on Friday that all possibilities for separating its electric vehicle (EV) business were on the table, including a possible public listing in the second half of 2023.   Renault's finance head, Thierry Piéton, said any plans would be subject to Nissan's approval,...