More customers chose to continue to play marquee titles such as "FIFA 22" and "Grand Theft Auto V" even after the lifting of the pandemic induced lockdowns, which prompted Electronic Arts Inc and its competitor Take-Two Interactive Software Inc to increase their adjusted revenue projections for the...

Ryan Gunnigle, the United States based toymaker, is worried about gluts, even while the rest of the industry is worried about the supply-chain issues - from jammed ports to empty store shelves.   "Customers are just flinging crazy orders right now, so it's hard to determine the real level of...

Forty-two planes would be sold off by Thai Airways International Pcl while roughly one-third of its employees would also be laid off, said the president of the restructuring committee appointed for the revival of the airline.   These measures would be taken up as a part of a strategy of the...

A better than expected third-quarter profit was reported on Friday by BNP Paribas, France's largest publicly traded lender, as a decline in insurance revenue was more than offset by reduced provisions for pandemic-related credit losses and a significant increase in equities trading during the...

Following a resurgence in passenger reservations during the summer which helped the Franco-Dutch airline company to outperform profitability estimates for the third quarter, Air France-KLM said on Friday that it expects to return to core profit this year.   After a 1.7 billion euro ($1.98...

According to filings with the United States Securities and Exchange Commission (SEC), shares worth more than $200 million were recently sold by Tesla Inc board member Ira Ehrenpreis as the price of the stock surged past the $1,000 mark for the first time to reach a new high.   According to...

Moderna Inc struck a deal with the GAVI vaccination alliance on Friday to provide a total of 56.5 million doses of its Covid-19 vaccines to low and middle-income countries in the second quarter of next year.   The doses will be in addition to an earlier promise to deliver 60 million doses to...

Apple Inc's supply chain troubles cost the firm $6 billion in sales in the fiscal fourth quarter, missing Wall Street projections, and CEO Tim Cook predicted the impact will be considerably worse during the current Christmas sales season.   On Thursday, Cook said that the quarter ended...

Its biggest quarterly profits in the last eight years were posted by the oil and gas major Chevron Corp posted on Friday, driven by increasing prices for oil and gas prices and a rebound in demand for motor fuel that helped to inflate the company’s that refining margins.   The strong...

Tesla Inc is having a good run in rich Singapore where it is witnessing a surge in sales while taking over market share from its rivals.   Car registration is strictly regulated in Singapore to address the issues of high traffic and pollution in the city-state.   The Tesla Model 3...

A scarcity of computer chips globally forced the world's second-largest automaker Volkswagen to announce lower than expected operating profit for the third quarter while also lowering down its forecast for delivery of its vehicles as well as its estimates for sales.   The company also warned...