Taiwanese contract electronics giant Foxconn has revised down its full-year financial outlook, citing mounting uncertainty over U.S. tariff policies even as the company basks in surging demand for artificial-intelligence server components. The world’s largest electronics assembler—best known for...

Burberry has announced plans to cut approximately 1,700 positions—around 20 percent of its global workforce—over the next two years as part of a sweeping effort to rein in costs and sharpen its competitive edge. The decision, which follows an in-depth review of the British luxury house’s...

Samsung Electronics on Tuesday pulled the wraps off its slimmest-ever flagship device, the Galaxy S25 Edge, as the South Korean tech giant accelerates its premium smartphone race against archrival Apple. Boasting a wafer-thin 5.8 mm profile and cutting-edge artificial intelligence enhancements, the...

Apple Inc. is weighing higher prices for its next-generation iPhone lineup as it looks to shore up profit margins amid escalating costs tied to tariffs, supply-chain challenges and shifting manufacturing footprints. While executives remain sensitive to consumer pushback in an increasingly...

Chegg Inc., once a high-flying provider of textbook rentals, homework help and online tutoring, announced on Monday it will eliminate approximately 22 percent of its global workforce—roughly 248 positions—in a bid to rein in costs and reposition itself amid a seismic shift toward free generative AI...

In an effort to shield its coffee division from abrupt cost surges triggered by new U.S. import duties, Kraft Heinz has formally requested that its green-bean suppliers provide at least 60 days’ advance notice before passing on any tariff-related price increases. In an April letter to producers,...

Faced with soaring U.S. import duties on Chinese, Bangladeshi and Vietnamese apparel, retail giant Walmart has ramped up sourcing from India. Yet as Walmart’s buying teams flood India’s garment hubs with inquiries, manufacturers warn that an acute shortage of skilled labor could blunt India’s...

Samsung Electronics has formally petitioned India’s Customs, Excise and Service Tax Appellate Tribunal (CESTAT) to overturn a \$520 million tax demand, arguing that New Delhi’s own records show similar import practices by Reliance Industries went unchallenged. By invoking the precedent set by...

As Warren Buffett prepares to step down as CEO of Berkshire Hathaway at the end of 2025, investors and shareholders are bracing for a new chapter in the conglomerate’s storied history. With Buffett, 94, retaining his role as chairman of the board and Vice Chairman Greg Abel slated to assume the CEO...

Deutsche Bank posted a standout performance in the first quarter, delivering a 39 percent jump in net profit to €1.78 billion, driven largely by robust revenue growth in its fixed-income and currency trading division. Yet beneath the upbeat headline figures lies a growing concern over the impact of...

Amazon marked a major milestone in its space-based broadband ambitions on Monday, when a United Launch Alliance Atlas V rocket lifted off from Cape Canaveral carrying the first 27 satellites of its Project Kuiper constellation. The mission represents the start of a $10 billion effort to blanket the...