According to a Sunday report by Bloomberg News, India's Adani Group has cut down its revenue growth target by half and intends to reduce new capital expenditure.   On January 24 the US short-seller Hindenburg Research charged the...

A warning to major manufacturers of packaged goods has been issued by Walmart Inc. about the global retailer no longer willing to tolerate price increases, and is positioning its own private-label products as being alternatives that are less expensive compared to name-brand...

A newspaper interview published on Saturday shows that the CEO of Google's search engine has issued a warning against the drawbacks of artificial intelligence in chatbots, even as Google's parent company Alphabet fights it out to rival the blockbuster app ChatGPT,...

Disney CEO Bob Iger has stated that "everything is on the table" with Hulu.   The streaming service, which focuses on more adult-oriented general entertainment content such as the series "Only Murders in the Building" and the sci-fi thriller "Prey," is owned by Disney in two-thirds. Iger...

If Adidas is unable to sell its existing Yeezy stock, it could lose about 1.2 billion euros ($1.3 billion) in revenue in 2023.   After a series of antisemitic comments, the German sportswear company ended its partnership with rapper and fashion designer Ye, formerly known as Kanye West, as...

On Thursday, PayPal Holdings Inc. predicted full-year profit would surpass Wall Street expectations, but it also cautioned against pressure on discretionary spending and announced that Chief Executive Dan Schulman would step down at the end of 2023.   American consumers are beginning to feel...

After alarmed clients fled in large numbers, Credit Suisse Group announced its worst annual loss since the global financial crisis of 2008 and issued a warning that this year would see another "substantial" loss.   Having been hit by scandal after scandal, the bank experienced a sharp...

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...

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...

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...

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...